Company Structure that works?

Hello,

I would like to have a offshore company in a 0% tax jurisdiction such as BVI, Seychelles, Belize etc.

My main concern is that i need some form of web-payments preferably Stripe, PayPal or 2Checkout that's reliable, I would like to have two methods as one could fail.

I can not register a off-shore company in the following countries so please do not suggest them, USA, CANADA, UNITED KINGDOM, MOST OF EUROPE as i sell services globally in the countries.

I have a budget of around $4000 to setup all the documents, bank accounts and everything and looking for the lowest renewal price.

I am not creating the off-shore company to avoid any taxes, I am happy to pay all the necessary income / corporation taxes however i would much prefer a location outside of the VAT zones so that i do not have to put my website prices up by 20%.

The bank account / merchant card processor needs to be able to process payments in USD.

I would also like a location that requires very little accounts or submissions so that i can focus mainly on my work.

I am based in the United Kingdom, As far as my accounts taxes and vat returns go i'm currently paying £3600 annually for my accountant and forming an off-shore company will remove all the hassle away as i can just use end of year figures instead of going through every single expense, profit, loss, claim, vat payment and all the other bull s**t when filing accounts, returns etc in the United Kingdom.

Further to this, Does anyone know any bank accounts that work with USD and what countries are they linked to for off-shore companies?

lavel said:

It is not going to work that way, you need to find a payment service provider that accept thise jurisdictions and most will reject. BVI may work with some providers, but again ask them and find them here offshorecorptalk.com/resources/categories/pa…-provider.4/

For banking and USD you can use either Transferwise or offshorecorptalk.com/resources/zenus.311/

both may work with BVI.

Once you have setup the BVI company you can change the ownership to a UK LTD or LLP or whatever suites you and transfer your profits tax free between the entities. You won't get this setup for 4000$ unless you can setup banking yourself.

Hello,

I need to know if any of the mentioned Payment Gateway's are able to be used with a BVI or Georgia off-shore company, Which ones do you know work and what bank account providers are you using.

I have approached some of them.

PayPal customers in the British Virgin Islands can use PayPal to send money but are unable to receive money into their PayPal account, PayPal in georgia is great but it requires a personal visit as i can not trust a nominee and in this climate i'd rather not travel to georgia for any reason,

Looking for something that can be setup within the next week or so.

2checkout has a huge reputation of blocking people for no reason, Have read numerous messages online.

Chronopay i will take a look into, along with netbilling.

SagePay do not accept off-shore entities and only allow you to register if you supply your passport and then won't allow an off-shore company.

RBS WorldPay i will look into.

@lavel

My research on this is far and wide and i need to understand everything before i risk my money off-shore especially in my line of work.

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