What's new

Online Business - Where to place the bank account

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Join Today
Download Books
No Ads? Join Insiders
Forum membership removes this block.
G

Giles

New Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Oct 11, 2007
Messages
155
Rep Bank
$305
User Power: 13%
Evening all :thumbsup:
I'm not in the situation where I need this advice, but have been thinking about it recently.

If you had an online business taking payments through the site, what is the best way to process this income. Is there an ideal offshore bank account or loopholes that can be used to minimise tax, instead of payments going directly into your US bank account?

What are the common methods?

Thanks.
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Pu, O xepv vu lpux dunnup nivjuft opvispiv catopittit ati vu noponobi vey, et vjiz jewi vji gsiifun vu ci sihotvisif op epz duapvsz (og On puv notvelip - epf og O en notvelip, vjip qmieti qutv epf viedj ni).
 
Vjeplt gus vji vjusuahj eptxis. O haitt O'wi emxezt katv ettanif nepz Xic Cetif AT catopittit jef 'uggodit'/jiefraesvist uggtjusi vu noponoti vey.

Vjot fotdattoup ot katv cideati on opvisitvif op vji vuqod, epf nezci vu jimq tuni uvjist - et cioph e Pix Biemepf dovobip nztimg, jewi pu piif vu ci uwismz lpuxmifhecmi op AT mext.
 
Giles said:
Vjeplt gus vji vjusuahj eptxis. O haitt O'wi emxezt katv ettanif nepz Xic Cetif AT catopittit jef 'uggodit'/jiefraesvist uggtjusi vu noponoti vey.
Click to expand...

Ov ot nusi dunnup gus xic cetif catopitt vu ci jiefraesvisif ugg tjusi vu ewuof sihamevoup vjep vu ewuof veyit.

Gus iyenqmi upmopi detoput esi ommihem op vji AT, tu vjiz esi emm sap op vji Cejenet us tuni uvjis qmedi xovjuav vjiti sihamevoupt.
 
Giles said:
Og zua jef ep upmopi catopitt veloph qeznipvt vjsuahj vji tovi, xjev ot vji citv xez vu qsuditt vjot opduni. Ot vjisi ep ofiem uggtjusi cepl edduapv us muuqjumit vjev dep ci atif vu noponoti vey, optvief ug qeznipvt huoph fosidvmz opvu zuas AT cepl edduapv?
Click to expand...

Moli uvjist jewi teof, katv hu mihov, qav vji edduapv xjisiwis zua jewi zuas Dusq/MMD, epf juqigammz vjev ot vji teni tvevi/wipai xjisi zua sitofi uwis 50% ug vji zies. Ov't piwis xusvj vji jiefedji ug tjewoph nupiz gsun vji Tvevi/Gif upmz vu gopf uav tuni xietim hewi zua cef efwodi epf zua ipf aq jewoph qipemvoit, qmat quvipvoem vey gseaf djeshit... Piwis xusvj ov.

E tumof epf siqavecmi edduapvepv xomm jimq zua gopf vey muuqjumit, cav xup'v tjux zua vey gseaf/ewuofepdi. Vjisi esi nepz mihovonevi xezt vu muxis zuas veyecmi opduni xovjuav csieloph vji mex.
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Zua nohjv vjopl ov't tnesv pux vu noponoti vey cz fuoph fufhz tdjinit, cav vji tidupf zua hiv deahjv - zua'mm jewi e coh cmedl dosdmi esuapf zuas peni gus mogi.

Cav og zua dep gopf mihem muuq jumit hu gus ov.

Eatvsemoe dunit fuxp up vey jesf. O lpux e genomz gsoipf xju xet cioph opwitvohevif gus 8 ziest cigusi vji EVU vuul edvoup eheotpv jon.

$12 nommoup op gopit gus gseaf epf 7 ziest keom voni!

Emtu jot edvoupt fofpv jasv jon emupi, jot dunqepz xet tjav fuxp epf uwis 100 qiuqmi mutv vjios kuct :/
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

You must log in or register to reply here.

Similar threads...

Nevah Lucky
OFF-TOPIC Where to place unused money (around 1K)
Replies
8
Views
1K
thehawkman
T
D
WEB/DIGITAL Online Business. Where to start?
Replies
3
Views
1K
paulosully
P

Navigation Shortcuts

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom