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Old 03-05-2003   #11
yambo.biz
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Serge, let me explain.

1. We're from Ukraine. We have an office in UK, in Florida and in California. My email is egor@yambo.biz. I would be very glad to answer all questions.

2. Imagine the situation you're a citizen of USA and would like to minimize your taxes from adult business.

You incorporate a company in BVI (British Virgin Islands) and you're a director of this company. You have an employment contract with this company. And this company pays you, say, $100/month as a salary. You have to pay taxes for this salary.

All profit this company gains should be taxed and paid in a country of registration - BVI.

You don't pay these taxes - your company pays.
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