Need advice - Looking for help to create cyprus company for adult biz

adrianseto8 said:

1. Any idea what kind of cyprus company should i choose? like resident vs non resident (probably to minimize tax), pro vs con

For this purpose I would recommend you a non resident company since it don't have to pay any corporate tax.

adrianseto8 said:

2. also which bank should i choose? it is for Escorts directories, as you know USA just recently passing SESTA/FOSTA law

If high risk means Adult there is no bank that will accept your business in Cyprus! You may setup a cover business in order to get an account for instant with Bank of Cyprus.

adrianseto8 said:

note: if i use cyprus bank, how can i withdraw the money? can i just wire transfer it anywhere such as singapore/malaysia/vietnam?

yes, simple Wire Transfer using your Internet banking

adrianseto8 said:

and what kind of documentation it needed for me to sign up for the bank?

Passport, utility bill, all incorporation documents and everything not older than 3 months (except the incorporation documents)

adrianseto8 said:

i have been reading the forum, and it mention passport and utility bills ( I have asian country passport and USA based utility bill)

that works fine.

adrianseto8 said:

3. which formation company should i choose? that can help me set it up

check my signature have been using them all time.

adrianseto8 said:

4. also regarding future tax filing etc in cyprus

use the agent that will setup your Cyprus company and bank account they can also do the accounting and filing of tax.

adrianseto8 said:

2. so does any bank going to accept my cyprus company? since (not the bank that is going to do the card processing)

You need to ask the payment processors!

Note a payment processor does not need to be a bank.. you are confusing the terms! What you mentioned are payment processors beside that you need a bank for instant in Cyprus to receive the payments from say ccnetpay!

Most banks if not all in Europe will accept your Cyprus company because it is EU!