How to Include a Business Partner in an Offshore Company

nomadcapitalist.com

Having business partners means your offshore company may require a higher level of planning.

It's a lot easier if your business partner is willing to go offshore with you.

But if your business partner "was born in the US and will die in the US", you have more planning to do to ensure you can enjoy tax benefits and asset protection without compromising your business.

Offshore companies offer a lot of benefits, but not for people who don't change anything. If your business partner isn't on the same page with you, it doesn't mean you can't go offshore... it just means you need to be especially careful of things like PEs, CFCs, and a whole alphabet soup of tax issues.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.