Say I am a citizen of Malaysia.
I am thinking of either opening a corporation in Seychelles or Delaware LLC.
As far as I know, both are tax free, cheap, and stuff. Delaware LLC is even cheaper.
Delaware LLC, for tax purpose, is a tax "flow" entities. So if you're an american citizen, you will pay tax as if the income of the LLC is your income.
But what about if you are a citizen in other country? From say, Malaysian's point of view, is delaware LLC any different than Seychelles corporation? Both are just foreign entities right?
Must you pay tax for any income the delaware LLC have? Assuming you don't repatriate, etc.