Recent content by CAKEBRAINS

Hello, Looking for an off-shore jurisdiction that has no filing requirements that can be linked with a bank account that comes with full visa card. Please let me know, I was looking at UAE with Transferwise, But it's a little expensive, Any other options?

I was looking at UAE but it requires a visit to open a bank account and it's very hard to justify this during a pandemic

IT Services, Automatic Payments Around £100,000 of payments automatically processed and handled. VAT Chargeable. The issue is, Taxes, Pension Schemes, VAT, PayE, National Insurance Payments, Accountant Fees. We end up with around £80,000 after paying £20,000 VAT Then around £64,800...

I know a friend with a seychelles company and he has been refused by PayPal, 2Checkout, Stripe, Square, Wix Payments, Paddle, WireCard, BrainTree

Hey, Can you have a full bank account with seychelles company?

Bump - No reply yet, Can anyone help me here?

Just to clarify a little further on the no need to report anything I'm happy reporting small things, Profits, Income, Losses, but i'm trying to reduce the amount of work needed on filing paperwork and focus more on our core business.

Hello, I was looking for an option for my business a couple of months ago. Seeing if anyone has a better option but this is my requirements. 0% Offshore Income Tax Rate 0% Corporate Tax Rate 0% Capital Gains Tax Rate 0% Personal Income Tax Rate 0% VAT Rate no need to file accounts no need to...

I'm looking to form a new company for my online business. Company Formation, Bank account Opening,

Hello, I am looking for a reputable cayman islands company that i can use and also good on price. Seems this is one of the highest price location

I read your question as "would I have to pay tax on the profits of my BVI corp in the UK? and how would reporting it work" . If you are looking for anonymity it would work with a BVI company, To be even more private you could appoint a nominee but the risks are higher.

The UK tax return form i am referring to is the CT600 form

Yes a UK resident company is subject to UK corporation tax on its worldwide income and gains. By contrast a non-UK resident company is only subject to corporation tax on its UK income. I did not mention once that he didn't have to? Using a directly owned offshore company is not a...

That's fine, @Admin Has already removed the thread and i'm sure we shouldn't discuss it further, I was wrong to call him out for it however since it is directly advertised here i thought i'd express my dissatisfaction. I've recently been looking into Cayman Islands but it's finding a reputable...

@lavel My research on this is far and wide and i need to understand everything before i risk my money off-shore especially in my line of work. This PayPal User Agreement applies to you if you reside in one of the countries/regions listed below. You are required to register your PayPal account...