Wednesday, February 2, 2011
Five reasons to set up a foreign "Principal Place of Business"
If you use a corporation or an LLC (from any state) for business purposes, then consider these five reasons for establishing a Principal Place of Business overseas:
--- Disclosure on official government documents, applications, tax returns, public contracts, etc.
--- Listed in private documents, contracts, letter agreements, term sheets, etc.
--- Publication in marketing materials, websites, blogs, domain registrations, etc.
--- Required for banking purposes
--- Storage of business records available for review by authorized parties
(owners, investors, shareholders, government agencies, etc.)
An International Business Center can provide a real but physically remote location for you to adopt as your Principal Place of Business, and which can be disclosed publicly and privately. Furthermore, it can be defended as legitimate for business and personal privacy reasons.
Read this complete legal report for important information on understanding how such an overseas business center can and cannot protect your privacy. Then contact me regarding our current bestseller, Plan B.