 DXGlobal Company Overview
DXSynergy - DXGlobal Company Overview
Global Digital Transfers Inc. is raising the level in the way that businesses operate on the Internet, going far beyond just buying and selling products and services to a growing global community.
A much smarter way to operate your business has arrived!
Currently most businesses use the Internet to introduce their services to customers. Others have web sites with online stores or catalogues where customers can view their products and fill up a shopping cart and purchase using a number of payment methods.
Financial deals done over the Internet raise questions like, "is it legal?" and "what are the taxation implications?". For example, any business, whether it is a large company or a home business, whenever money is exchanged for products or services a financial transaction is taking place. If the buyer is in Singapore and the seller is in France, then where is the actual transaction taking place? Which authority governs the tax rights to that transaction? Or if a manufacturer in India supplying directly to a retailer in America with the wholesaler who arranged the shipment in England, under what financial and taxation structure would the transaction be based?
In all of the above cases, each of the participants would need to legally be responsible for their own country's tax for their section of the sale. But what if the wholesaler's company is a "DXGlobal Company" registered in Vanuatu, then the wholesaler's profits earned from the deal would be legitimately tax-free because the transaction was made by a registered company under the Electronic Transaction Act of 2000 in Vanuatu, and recognized by international law. Each participant is required still to be registered for business in their own jurisdiction and be legally responsible, however it is where the sale and financial transaction is legally completed, that is the important issue.
Consider the situation of a home business that operates an auction type service by selling products to their customer base. They may buy the products from their supplier and hold these before shipping the products on to their customers for a profit. How are the products paid for and where did the transaction take place? Importantly is the business trading legally? Is the business operator waiting for a knock on the door and being asked to provide records of their business's trading activity.
To learn more about a DXGlobal Company view the DXGlobal Company Information page.
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