I’m a full-time illustrator working remotely with clients all over the world. Is there any reason for someone like me to bother setting up an offshore company?
Actually, yes. I’ve been a digital artist for years and made the switch two years ago. What I found was that even as a freelancer, having an offshore company gave me a much cleaner setup with clients, especially agencies. They prefer invoicing a registered business. I joined Offshore Company Formation to get real advice from others in similar creative fields. Belize and Panama came up often, but I settled on Seychelles because it was affordable, and the paperwork was minimal. Plus, banks took me seriously. Just don’t expect it to solve all your problems overnight—you still need to keep your own country’s tax rules in mind.