Should you remain a sole proprietor or incorporate?

The decision to incorporate or maintain your sole proprietorship is one that should not be made lightly. There are a number of advantages to both. And, the advantages really depend on what your unique business and personal needs are. There are four important things you should consider in your decision to incorporate or not: Liability. As a ... More >

Sole Proprietorships

A business that has only one owner is termed "sole proprietorship". The business owner is called a "sole proprietor". A sole proprietorship is the most simple type of business entity. The requirements for forming a sole proprietorship are less. This usually involves getting a business license, permit, and complying with other state or local ... More >

Tax Haven Raises 2006 Entry Price

by Roger Munns While Monaco is a well known European tax haven, Andorra has remained little known outside of the financial community - despite enjoying the same tax advantages and arguably more private banking than her better known rival. In contrast to the similar financial benefits both Monaco and Andorra residents enjoy, the two small ... More >

The Compliance Officer’s Killer Application

It used to be that only the largest multi-nationals needed a Compliance Officer. Today most practices, regardless of size, would be wise to charge someone within their organization with the responsibility of keeping abreast and managing the compliance process. Take as an example European employment law that has been introduced over the last few ... More >

Your Offline Banker Does Not Want You To Know The Differences Between Online And Offline Banking

by David Jones Offshore Incorporation 101 There are many major differences between online banking and offline banking; if you are presently undecided between your current, limited offline bank and opening a new online LLC bank account, you should take some time to thoroughly evaluate your choices. What's so good about opening an online ... More >