Guest speaker: Designing the legal structure for your international online business.
If you plan to have customers all over the world then where should the parent company for your business be incorporated? Should you have one legal entity or local and offshore legal entities?
You may want to minimize your corporation tax but will your favorite low-tax location cost more in yearly fees? Will PayPal support payments to your chosen location? How easy will it be to open a bank account?
How will this affect your business reputation?
Where will you (as one of the owners) be officially located and paying tax?
What happens if you have local staff in Thailand or other countries?f How can you start a business in Thailand and how would it be related to any other entities you create?