Absolutely agree with @Rick19744 that you need professional help before you make such a decision. To me what you are creating ( and under US laws ) a shell company, that earns income abroad, has no employee, pays no taxes abroad ( at least intentwise ) and delays or no US taxation. It needs professional help to stay within the law and still profit ---- the big guys do it all the time ( till stopped ) and with very special legal and accounting help. Perhaps it is simpler to just follow normal people tax laws and pay the "debt" to the taxman. Sorry I could not be more enthusiastic.