Sunday, June 21, 2009

How to start a business with shared equity but with owners living in different countries? (US & Indonesia)


How to start a business with shared equity but with owners living in different countries? (US & Indonesia)?
I am starting a business venture with an overseas engineering team. I live in the US and they live in Indonesia. We are seeking an arrangement where both sides will share equity in the project. How can this arrangement be structured? What methods will hopefully minimize tax implications? I am a US citizen, and my partner is not.
Small Business - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
To protect YOUR backside, make the company an AMERICAN company. Indonesia is rife with corruption and you could lose your shirt associating yourself with them. Protect yourself first, and worry about the offshore guys 2nd.. Do it AMERICAN.. or dont do it at all...
2 :
check this link its useful http://jtty.com/lrz .







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