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Opaque company formation with bank account, for VOIP.

voipservice

replies
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voipserviceOffshore AgentAuthor
Joined
Apr 2011
Messages
2

#1

Hi,

I would like to form a company with the following attributes:

1. Opaque ownership from public record. I don't care about governments knowing and receiving information, but I don't want the general public to be able to see the ownership record.
2. Invoicing out (and in) for VoIP services, with bank transfer payments to/from the bank. I know wise.com specifically doesn't allow VoIP services in their T&Cs. Revolut may be the same.
3. Not a tax haven to the layman - i.e. no BVI, Cayman, Bermuda, Switzerland, Luxembourg etc
4. Bank to handle around 750k EUR transfers per year
5. The company will have almost no profit each year, so corporation tax isn't an issue (see below)
6. Friendly relations for the host country with the USA, Europe, Cyprus and the UK. This is where the customers are.

I initially considered forming a Delaware LLC but wondered if the forum members had recommendations.

I am UK based with my own existing UK limited company.
I will be invoicing the profits to my UK company and paying corporation tax and income tax in the UK when the profits arrive.

Thanks for any help!

jafoHigh-Ranking Operative
Joined
May 2022
Messages
4,061

#2

voipservice said:

Hi,

I would like to form a company with the following attributes:

1. Opaque ownership from public record. I don't care about governments knowing and receiving information, but I don't want the general public to be able to see the ownership record.
2. Invoicing out (and in) for VoIP services, with bank transfer payments to/from the bank. I know wise.com specifically doesn't allow VoIP services in their T&Cs. Revolut may be the same.
3. Not a tax haven to the layman - i.e. no BVI, Cayman, Bermuda, Switzerland, Luxembourg etc
4. Bank to handle around 750k EUR transfers per year
5. The company will have almost no profit each year, so corporation tax isn't an issue (see below)
6. Friendly relations for the host country with the USA, Europe, Cyprus and the UK. This is where the customers are.

I initially considered forming a Delaware LLC but wondered if the forum members had recommendations.

I am UK based with my own existing UK limited company.
I will be invoicing the profits to my UK company and paying corporation tax and income tax in the UK when the profits arrive.

Thanks for any help!

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