Taking Domain Names Offshore is False Hope
Legal panel advises to think twice before shifting your domain names offshore at DOMAINfesh Global.
In Los Angeles, at DOMAINfesh Global, a team of lawyers advised that moving domain names to offshore providers or registrars and forming your own domain company outside of the US be as profitable as it seems. In fact, Derek Newman said that you may hurt yourself more by setting up offshore projects to provide and hold domain names.
Newman advised that comanies and often judges, think that you are trying to hide some thing if you set up your offshore companies to hold your own domain names. This applies even to shifting your domain names to an offshore domain registrar.
Other panel lawyers agreed and said that even if your domain names are outside in an offshore registrar company or your own offshore company it does not mean that you are outside of the US jurisdiction.
Here are some points to ponder and think about:
1. Is your webhost or server based in U.S.?
2. Does your domain name parking provider have a presence in United States.?
3. If your domain parking corporation is outside United States, does it use a US based ad feed such as Yahoo or Google?
The Domain Industry’s News by Andrew Allemann