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Q: Founding an offshore company... risks and benefits thereof - alternatives? ( No Answer,   0 Comments )
Question  
Subject: Founding an offshore company... risks and benefits thereof - alternatives?
Category: Business and Money > Small Businesses
Asked by: thanksmate-ga
List Price: $50.00
Posted: 01 Dec 2004 01:18 PST
Expires: 07 Dec 2004 11:47 PST
Question ID: 436495
SITUATION
Becky is straight out of high school and is a highly talented artist
who will do freelance work around the world for at least 12 months
earning approximately 10,000 U.S. Dollars per month.

PROPOSAL
Becky proposes to form an offshore Corporation in Belize with
a trust formed in the Bahamas and a bank account in the Isle Of Man.

QUESTIONS
What is your recommendation to Becky's situation? Is her proposal legal?

CLARIFICATION
Please advise on at least two legal avenues Becky can take (including
the proposal above if it is legal) and the associated risks/benefits and
costs, followed by detailed information on the recommended avenue for
her situation.

MISC.
Becky has never owned a company nor does she have a tax file number.
She is an Australian citizen.

Clarification of Question by thanksmate-ga on 03 Dec 2004 13:02 PST
Is this question understandable? Too difficult for the List Price? Please advise.
Answer  
There is no answer at this time.

Comments  
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