As I have previously mentioned, I have often thought about starting my own business, which would for liability reasons be incorporated. Given recent political events, it occurs to me that the US under President Barack Obama is not likely to have policies friendly a corporation. Quite happily I have found the perfect place to start a corporation. A place with reasonable tax rates and rules that are simple, clearly defined and easy to follow. It is, dare I say it, a place that is every corporation owner’s dream. A place where you can spend your time running your business, not dealing with arbitrary rules created by bureaucrats.
There’s only one small problem… (more…)