Best low tax company for PayPal, TransferWise usd

[dotpedal]

Hey
Looking for suggestions on where to set up my company. I need PayPal and want to charge my customers in USD and withdraw to a US bank account like transferwise borderless. I also don't want an EU company because of the whole vat nonsense.

Very important for me are:
- TransferWise USD compatibility
- PayPal with no withdrawal fee
- not in EU
- low tax

Options I understand but don't want to do unless necessary are:
Singapore: highish tax
Hong Kong: 2.5% withdrawal fee for usd on PayPal, hard to qualify for offshore exemption
Malta: is Eu, thus has vat
Labuan: my industry / activity does not qualify for the 3% tax
US LLC: scary because most of my customers and suppliers are in USA. Likely would have ECI
Cyprus: already have a Cyprus entity for another business of mine that I could use, but... Is in EU and thus has vat. Also not compatible with TransferWise USD

Do you guys think Singapore is my best option? What do you recommend?

 

[dotpedal]

Also looked at a uae free zone, but that requires me to visit twice per year and has a 2.5% PayPal withdrawal fee

 

[fshore]

Eu companies don't charge vat to us customers, and a non eu company should charge vat for eu customers in the same cases where a EU company charge vat.

Another option is Gibraltar.

 

[dotpedal]

fshore said:
Eu companies don't charge vat to us customers, and a non eu company should charge vat for eu customers in the same cases where a EU company charge vat.

Another option is Gibraltar.
Click to expand...

"Should" but not enforced for small + medium businesses.. nobody in my industry charges Eu customers vat if they aren't Eu companies. and I don't want to be charged vat from suppliers either

 

[dotpedal]

dotpedal said:
"Should" but not enforced for small + medium businesses.. and I don't want to be charged vat from suppliers either
Click to expand...

Thank you but unfortunately Gibraltar isn't transferwise usd compatible 🙁

 

[machinetheory]

Did you check about Georgia? Has USD with TransferWise not sure about PayPal though, easy to travel under normal circumstances

 

[JustAnotherNomad]

I'm not an expert, but as far as I know, ECI has nothing to do with where the company is registered.