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Looking for offshore company with nominees + bank + PayPal

Sammuel

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SammuelNew MemberAuthor
Joined
May 2020
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5

#1

I am looking for offshore company with nominees (UK LP?) + bank account and PayPal. Absolutely legal sales on Amazon and eBay, but I want to make my taxes less. PM me if you can help

CaptKQuiet Authority
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May 2020
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2,127

#2

Its possible but the issue is how much are you willing to pay for this.
Don't just buy a company for a one off fee incase you have a payment blocked. The bank will require you to submit documents and ID when verification is required. Plus they may ask you to go to branch.
I would look for a nominee company with a bank account. You run the bank account and if you have any issues always have help.

SammuelNew MemberAuthor
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May 2020
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5

#3

Correct, but to sell in Germany, France the company must have a VAT number. Will you company have it?

CaptKQuiet Authority
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May 2020
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2,127

#4

Apply for a UK VAT which currently takes 8-12 weeks but you can start to trade without it.
Amazon will handle everything from application to returns for you but charge €400 per country per year.

SammuelNew MemberAuthor
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May 2020
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5

#5

Thank you!
I have another question - will the company have zero taxes (exclude VAT) selling on Amazon Europe? Seems no

CaptKQuiet Authority
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2,127

#6

You can Limit the amount of tax you pay.

SammuelNew MemberAuthor
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May 2020
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#7

I'll need accountant and separate money transfer from Europe and from other world?

CaptKQuiet Authority
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#8

No the great thing about Ebay, Payoneer, Amazon they all take care of it. If you choose a base currency as GBP. They will all automatically convert for you and charge the client for it.

SammuelNew MemberAuthor
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May 2020
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5

#9

I understand, but I meant taxes. Sell in UK / Europe - pay tax, sell outside - no tax. Am I right?

CaptKQuiet Authority
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May 2020
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2,127

#10

If they are EU sales ypu are liable. There are other was to mitigate.

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