Hi,
Which country would you recommend to register an LLC in for an Internet business (meaning no physical presence actually needed in any particular country)?
Interested in suggestions for a “foreign” company, e.g. NOT registering an LLC/Ltd in your home country/state, such as HK if you’re based here like me...
I’ve been put off an LLC in HK given the maintenance fees and paperwork needed. All seems great when setting up initially, but if you’re going be breaking even for 2 years on low revenue, then it’s not worth it...
Some considerations:
- easiness of bank account setup (unless using a non-bank online service like “neat”
- speediness of incorporation
- taxes (corp rates, dividends, capital gains etc)
- Maintenance requirements/fees: registered office (virtual), company security if needed, books filings etc
Thanks!