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I am a Greek resident. Every foreigner can form a Bulgarian company, regardless of the fact having or not a Bulgarian visa or Bulgarian residency permit.

Hello, I sell my EU VAT registered Bulgarian company which is 3 years old. Its a tech company and I had ~30000 euros profit for the first year. Then I stopped. All profit made for development services as I am a software engineer. Nothing shady. Everything straight and clear. Advantages...

In general, its not an easy task. I guess you can find a bank, but a merchant account will be really hard. Mistertango maybe is an option that combines banking features (for offshores) and a payment gateway (at least they say, I haven't see in action). Be careful with them!

British Virgin Islands company (BVI). Then you can open an institutional account on gemini.com A super legal and easy process. Deposit and buy some BTC. There you are. :) (Bermuda, Cayman Islands can also work) Cheers.

Hi blaupunkt, I am also an EU resident and programmer as well. So your question is quite common. I think going offshore won't work for you. I had the same problem. German companies (most European...) will have troubles to pay an offshore. They will ask questions... and then more questions...

Thank you for your post. I agree, but its risky for them even with a good accountant, so I will try something else. I am closer to Bulgaria as a solution. (10% tax + 5% dividends)

Actually there is no any software licenses or trademarks... Its all about development services. Thats all. A UK company pays on a monthly basis for the services.

Hello everyone, this is my first post! I am a software engineer based in Europe and I develop software for a -one and only- UK company Ltd. Initially I was thinking to incorporate in Cyprus or Bulgaria, with 12.5% tax rate and 10%. But then I thought that other cheaper jurisdictions maybe can...