Jurisdictions where accounting / auditing is not needed?

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It will be difficult to find a country where there are no requirements for accounting and the like and which are also accepted by payment service providers. There are some countries such as Cyprus where you can get all your bookkeeping etc. arranged with minimal accounting requirements and then for relatively little money.

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yea, unfortunately, cyprus is a bit too expensive for me right now (especially since i don't know how much money will i be making) and also i don't know if i can create a bank account in cyprus without going there...
 
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