New York Times Dealbook article on the benefits of incorporating abroad in an age of globalisation
This article from the NYT Dealbook is a useful overview of the advantages of incorporating outside the US for companies that in fact conduct the majority of their business in the US. The analysis focuses on the recently-floated Michael Kors Holdings, which derives 95% of its revenue in North America, but which is incorporated in the British Virgin Islands, thus sidestepping “higher taxes and substantial regulation in the United States”, with its corporate headquarters in Hong Kong.
The articles also highlights that:
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