Cheapest Way: Offshore Company+Same Country Bank Account+Paypal

[bat123]

Hi, I just joined this website.
I'd like to find the Cheapest Way: Offshore Company+Same Country Bank Account+Paypal

One of my friend recommended me to register in St Vincent and the Grenadines. But later I searched "PayPal does not offer its full range of services (paying and receiving) in all countries and in some cases, like St. Vincent, payments cannot be received by us from anyone, only made by someone in SVG for purchases. This is a restriction of PayPal and not of Loyal Bank."

Quoted from a Quora user, it seems that "Apparently, none of the banks that are off shore or are located in jurisdictions which don't charge taxes on foreign-sourced income support PayPal. I want to live in a non supported country and make money by selling stuff on eBay, what do I do?".

What's the best solution?
Regards,

 

[maxmoney]

Welcome aboard friend. I have been around for a month or so.. 🙂

You can register a business in the UK, find a UK VPS and get dark docs. from @auric for an UK person 😉 or find any other country where you know that you can send/receive payments from all countries. That's what I have learned so far.

 

[negon]

It would depend on how much money you consider to make if it is worth to go that route that maxmoney suggested. You could simply setup a local company with paypal and pay the taxes required so you won't get any trouble.

 

[BlackZero]

Hi Guys! I am new to this will anybody tell me if i will setup a company in HK and make an offshore account will it be the good choice ?

 

[negon]

Welcome aboard 🙂

What business are you into and what are your goals?

 

[dirtyharry]

bat123 said:
Hi, I just joined this website.
I'd like to find the Cheapest Way: Offshore Company+Same Country Bank Account+Paypal

One of my friend recommended me to register in St Vincent and the Grenadines. But later I searched "PayPal does not offer its full range of services (paying and receiving) in all countries and in some cases, like St. Vincent, payments cannot be received by us from anyone, only made by someone in SVG for purchases. This is a restriction of PayPal and not of Loyal Bank."

Quoted from a Quora user, it seems that "Apparently, none of the banks that are off shore or are located in jurisdictions which don't charge taxes on foreign-sourced income support PayPal. I want to live in a non supported country and make money by selling stuff on eBay, what do I do?".

What's the best solution?
Regards,
Click to expand...

Did you check out Panama for your business?

 

[BlackZero]

Yes , My business is CPL network its like CPA but a small part @auric

 

[BlackZero]

Gunter said:
Did you check out Panama for your business?
Click to expand...

Yes but its not good for paypal

 

[BlackZero]

auric said:
Welcome aboard 🙂

What business are you into and what are your goals?
Click to expand...

Thanks

 

[BlackZero]

Is there any way that i can make a paypal business account under these circumstances

 

[BlackZero]

auric said:
It is a regular Paypal transaction! You may want open a new thread to discuss paypal topic here Paypal
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No i am talking about the cost of account ?

 

[dirtyharry]

BlackZero said:
Is there any way that i can make a paypal business account under these circumstances
Click to expand...

You need to incorporate a corp with dark docs first, then you apply with the same details for a paypal account and match these. straight forward process.

 

[bat123]

Gunter said:
Did you check out Panama for your business?
Click to expand...

No. If I use Panama, I must have a US bank account first

 

[negon]

You may choose a country where you think it will possible to open a bank account. However, the docs won't work for this so at the end of the day you can only use such PP account to send and receive paypal payments and pay for online stuff.

 

[adoffshore]

You can do the setup with a Cyprus company & Cyprus bank account. You can also do the setup with a UK company and UK bank account.

In both cases if you want to keep you way out of business you need the dark docs from @auric !

 

[JohnLocke]

adoffshore said:
You can do the setup with a Cyprus company & Cyprus bank account. You can also do the setup with a UK company and UK bank account.

In both cases if you want to keep you way out of business you need the dark docs from @auric !
Click to expand...

Second that setup. The best solution you can find is by setting up the company in a tax friendly environment like UK, Cyprus, Ireland and where it also is possible for you to open a bank account either remote if you don't want to travel or by personal visiting the country.

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[utibi]

Cyprus only possible if PayPal required, friends?

 

[bat123]

I

Admin said:
Second that setup. The best solution you can find is by setting up the company in a tax friendly environment like UK, Cyprus, Ireland and where it also is possible for you to open a bank account either remote if you don't want to travel or by personal visiting the country.
Click to expand...

I'd like to choose your suggestion. Whether Cyprus or UK, or Ireland, I'll consider them. My only aim is to use Paypal.

 

[redeye]

Does banks in Ireland open bank accounts remote, someone know that?

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Only the early bird catches the worm.

 

[JohnK]

redeye said:
Does banks in Ireland open bank accounts remote, someone know that?
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I read they don't! but maybe someone can help?