Okay so... I and a couple of other people work together developing video games, and we're making plans on developing a lot bigger game than we usual do, and are planning on incorporating and continuing with the company and hopefully make a lot of money.
Now, the issue is we live in both America and Australia, and I am guessing we would need to make in international corporation or something like that? We work via telecommunications, as that obviously is the only way we can but it seems to work nicely, and eventually after college we're all going to move to one area for a while to build the company, but that's not for a while (I have another few years here in the US, then I have several years studying math in Russia, so like six years before we're all in one place) and even afterwards we'll be returning to our original countries later one and need an international corporation.
Anyway, my primary questions are right now is an international in/corporation the only option? We'll be primarily distributing through the Internet, and any hard copies that are shipped out will probably be done from the US as I'll likely do it. Would be possible to make a US-based partnership and make an alien a partner? Something like that? I don't want to pay a lot of taxes is the primary thing here because we're hoping to make like 80 grand as a very good high, which over the course of several years with several people building it, is not a lot of money and I don't want to use like three quarters of it for taxes because I have a lot of debt and I still need to figure out how to pay for Russia and a bunch of other stuff and I need money.
Also since I will not be renouncing my citizenship when I leave the US for school, I can still hold that company right? Like just because I don't live in the country that doesn't mean that I give up things like that does it?
For the record, these words like corporation and incorporation and all that, I have a very vague meaning as to what the difference is other than stocks because my book didn't go over that yet, and I don't know if it does ever either. But I do not understand this business thing it is ridiculously confusing and I fail to see how people make sense of this. Really I just do math all day, pretty much it right now, this business thing is a lot of words, and a lot of those words I do not feel fit in with the rest of the sentence, like bear. I also get off on tangents and don't delete them. I would like to extend my apologies if you found it annoying... a lot of people do, usually I think they're funny but oh well.
So I guess that would be a good start for now, and I shall return once I understand this for more. If I remember what it's called. Thank you!
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