domain name registryIf you are launching a website soon, you can use a domain name registry that is overseas, and the money you earn from the website can be deposited in a bank in that country. Because the world is basically one now, with the Internet and online banking, there can be advantages to operating a business on foreign soil for Americans. An offshore domain name registry provides the same services as onshore ones, so you may save a lot of money by considering offshore website hosting and banking. You might be able to find offshore tax-free jurisdictions where you can find a host for your website, as well as a bank for the revenue deposits, and take advantage of the tax laws which may be more favorable than what the US offers. Check with a lawyer first, however, before you plunge yourself head long into domain name registry and banking offshore. According to the various web sites that I have reviewed, many very large companies are operating offshore and enjoying serious financial benefits from doing so.