I have an online business that I can locate anywhere in the world. Help me decide in which country I should locate it and even which state/province within a country.
First, I`m an American so unless the country in which I locate the
country is America, I will be a foreigner and having to deal with the
country as a foreigner.
Things I think are important in this decision process are:
Which countries allow foreigners to set up corporations in their
countries with the fewest problems, restrictions, red tape, etc.? This
is, by and large, where USA does well. The opposite would be Thailand
which, from my understanding, requires a native to be given a
substantial portion of one`s business to operate in their country.
Which countries have the lowest corporate tax rate and taxation on
foreigners and foreign-owned companies? This is where USA doesn`t
shine as it has the second highest corporate tax rate and, with Obama
now becoming President, it will be raised even higher.
COST OF LIVING
Which countries are the cheapest places to live and operate a business? Another area that USA ranks poorly.
Which country has good cheap large-bandwidth Internet connections? An
area in which that the USA ranks really well ... though I`m not sure
how it does as far as expense.
What else do you think should be taken into consideration?