The British Virgin Islands just abolished their local 15% corporate tax and all companies are now income tax free:Gregr said:Are there any countries better than the US to live in that don't tax the hell out of you?
http://www.tax-news.com/asp/story/story.asp?storyname=17949
Iceland is not bad actually if you are non-resident; corporate tax is 18% (to be lowered to 15% after 2007) with a 10% net interest tax on savings:
http://www.invest.is/page.asp?Id=566
The International Trading Company has a 5% corporate rate with no interest tax.
If you want to know more just ask. I have helped people to setup Icelandic companies before.
P.S. If you want to register .is domains my company can act as the local agent. You can get domains like this:
http://www.money.is/here
Best,
- Bjorn