Paul D

Frederiksted, Virgin Islands, United States

Yearly Stats: $0 Earned |

Off-Shore Business Structuring

U.S. federal law allows special business tax incentives to be provided for business established in the U.S. territories of The U.S. Virgin Islands, Puerto Rico, Guam, and American Samoa.

These islands offer special tax incentives for both US and foreign companies that can provide up to 100% exemption from US federal income taxes with no state or federal income taxes. Tax exempt earnings can then be repatriated to the U.S. tax free. Businesses established in these U.S. territories receive all of the protections available under the U.S. flag including protections of the U.S. constitution, federal laws, U.S. dollar and monetary policy, courts and legal system.

Although the programs and benefits differ by territory some of the advantages include:

ECONOMIC BENEFITS
• 90% - 100% reduction in corporate income tax
• 90% - 100% reduction in personal income tax
• 100% reduction in tax on certain interest income
• 60% or 80% reduction in tax on dividends
• Reduction in the customs duty from the standard 6% to 1%
• 100% exemption on excise tax payments
• 100% exemption on business property tax
• 100% exemption on gross receipt tax
• Tax reduction on royalty income

NON-ECONOMIC BENEFITS
• "Made in the USA" labeling
• Shipping advantages – Exemption from The Jones Act
• Exempt from many provisions of The Affordable Care Act
• Not required to file tax return with US Internal Revenue Service
• U.S. currency, courts and flag protection
• Duty free, quota free exporting of USVI-made goods into the United States
• U.S. EB-5 Visa Program with reduced investment requirements
• Exemption from US Estate and Gift Tax for foreign nationals that become Naturalized US Citizens in the USVI

OTHER SPECIAL TAX INCENTIVE PROGRAMS
• Film Production (television, commercials, motion pictures, music videos)
• Sound Recordings
• Hedge Funds, Priv

$95 / Hour
$95 minimum budget

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