San Jose, Costa Rica (PRWEB) March 11, 2006
Offshore tax and business advantages makes offshore based e-commerce operations a smart choice.
The global economy has created tremendous business opportunities for e-commerce operators who are able to establish an offshore presence. In addition to very favorable tax treatment in some locales, running an offshore e-commerce operation often provides a higher degree of financial and personal privacy as well. An offshore presence can also enable e-commerce operators to easily trade in countries that might not be as accessible for their home location.
"More and more countries are investing heavily in building their technology infrastructures which makes e-commerce hosting in even smaller emerging nations less of a problem than it was just a few years ago." according to international business specialist Ron Z. Mendelson.
"With technology issues removed from the equation, the e-commerce operator only needs to consider tax treatment, labor costs, and other pure business issues." Mendelson added.
In order to attract e-commerce businesses, which are seen as non-invasive, non-polluting industries by many government officials, several countries have joined together as signatories to the Double Taxation Prevention Treaty which seeks to eliminate unfair tax treatment for multi-national businesses. Current signatories range from large industrial nations including the U.S., Canada, and the UK, to countries who are working hard to become international business destinations like Slovakia and Romania. Even China has signed the agreement.
Mendelson also points out that locating a business offshore can be a strategic asset protection move for individuals who are seeking to shield their assets from creditors or lawsuits. "This is a particularly valuable option for physicians and other high-risk professionals who are at constant at risk of lawsuits in our increasingly litigious society." said Mendelson.
"While the core process of establishing an offshore e-commerce business is relatively painless, the costs of choosing the wrong country or even the wrong type of business entity can be financially devastating." Mendelson said.
E-commerce business operators who are considering a move offshore are advised to seek the advice and guidance of an offshore business specialist who can help them pick the ideal host country and provide other strategic financial and business advice.
For more information visit http://offshoreXplorer.com
Established in 1999, privately-held offshoreXplorer.com serves large and small organizations throughout North America, Europe and Asia with incorporation services, establishing offshore trusts, as well as creating offshore companies aimed at protecting assets to legally reducing annual taxes.
Ron Z. Mendelson, director of offshoreXplorer.com, is an expert in offshore asset protection strategies, and specializes in wealth protection, foreign asset protection, international business corporations, worldwide investing, global banking, offshore online gaming, and international e-commerce.