Lowering Business Tax Strategies

Summary

Incorporating overseas in countries like Ireland, Singapore, or the Cayman Islands can offer tax benefits. However, tax liability in the Philippines depends on local laws. Consult a tax expert for personalized advice.

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Im a US citizen, but living in the Philippines. I help people outsource their work to the Philippines, and collect a fee for recruiting and managing the workers here. I want to incorporate in a country that that low barriers of entry, but still overs great tax benefits in my case. What would you recommend?
Considering your situation, here are a few options:
- Ireland: Low corporation tax, strong ties with the US.
- Singapore: Easy to set up, low taxes.
- Cayman Islands: Zero corporation tax, easy setup.
However, this is a complex area. Consult a tax expert for personalized advice.
Which of the listed methods would ensure i pay zero tax in the Philippines top?
Incorporating in the Cayman Islands might help as it has zero corporation tax. Nevertheless, tax matters are complex, and your tax liability in the Philippines will depend on local tax laws. Please consult with a tax expert.