2 {{ upvoteCount | shortNum }}
2 {{ upvoteCount | shortNum }}

Tax concerns and business structure for FBA?..

by MuayThaiGuy
1 replies
  • ECOMMERCE
    • |
Hey guys..

I've just finished an e-commerce site and I'll be shipping items from Thailand to Amazon storage facilities in Canada and the United States (to start)..

I'm a bit of a digital nomad and spend most of my time travelling to various regions of the world.

In other words, I don't have "residential" ties to a specific country (I'm not American)..

Where do you think would be the ideal region to structure my company?

I was thinking Hong Kong due to the favourable tax laws, and because it's close to China where I could source new products..

I also spend most of my time in Asia so Hong Kong is inexpensive to get too..

Am I right in assuming that it's unnecessary to form companies in the countries I will be storing and selling products from, and that I can just become a "non-resident importer" using the business number from a Hong Kong corp?

I'm new to this so any advice would be greatly appreciated..

Thanks in advance,
#business #concerns #fba #structure #tax
  • Profile picture of the author OnlineStoreHelp
    Originally Posted by MuayThaiGuy View Post

    Hey guys..

    I've just finished an e-commerce site and I'll be shipping items from Thailand to Amazon storage facilities in Canada and the United States (to start)..

    I'm a bit of a digital nomad and spend most of my time travelling to various regions of the world.

    In other words, I don't have "residential" ties to a specific country (I'm not American)..

    Where do you think would be the ideal region to structure my company?

    I was thinking Hong Kong due to the favourable tax laws, and because it's close to China where I could source new products..

    I also spend most of my time in Asia so Hong Kong is inexpensive to get too..

    Am I right in assuming that it's unnecessary to form companies in the countries I will be storing and selling products from, and that I can just become a "non-resident importer" using the business number from a Hong Kong corp?

    I'm new to this so any advice would be greatly appreciated..

    Thanks in advance,
    And what did your tax attorney tell you would be the ideal structure?
    Signature
    Learn how to set up a powerful, functional yet easy to use e-commerce website at cartprep.com.

    Not sure what ecommerce solution to use? Watch my video walk through of popular shopping carts.
    {{ DiscussionBoard.errors[10259748].message }}

Trending Topics