Hi,
I'm looking into manufacturing some consumer electronic items. The main market for the products would be worldwide, though predominantly US/UK/Germany/Australia/China/India.
The product will be manufactured in China, and probably assembled/packaged in the US, then shipped via Louisville, Kentucky (home of FedEx).
Should the company be an Irish entity? As the product might never actually "set foot" in Ireland, maybe thats not the most tax efficient, maybe register it in a tax haven country (Caymen Islands?). Or in a specific US state (Nevada and Delaware seem to be good locations tax-wise).
All income will eventually arrive back in Ireland, so maybe the 12.5% corporation tax beats all other locations.
How best to go about this, a google search just brings up the usual list of advisors (KPMG, PwC etc.) Maybe its time to fork out a few bob and speak with these organisations?
Anyone any experience of this area?
I'm looking into manufacturing some consumer electronic items. The main market for the products would be worldwide, though predominantly US/UK/Germany/Australia/China/India.
The product will be manufactured in China, and probably assembled/packaged in the US, then shipped via Louisville, Kentucky (home of FedEx).
Should the company be an Irish entity? As the product might never actually "set foot" in Ireland, maybe thats not the most tax efficient, maybe register it in a tax haven country (Caymen Islands?). Or in a specific US state (Nevada and Delaware seem to be good locations tax-wise).
All income will eventually arrive back in Ireland, so maybe the 12.5% corporation tax beats all other locations.
How best to go about this, a google search just brings up the usual list of advisors (KPMG, PwC etc.) Maybe its time to fork out a few bob and speak with these organisations?
Anyone any experience of this area?