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hey fred, pm me as well, interested in UAE formation - would like more details

i was under the impression that having a company abroad is possible no matter what (except some countries where non-residents can't have companies). i think that's a 100% correct statement (it does not matter where you live or what privacy is there or if there's real substance). please correct...

let's say there's no privacy and everything is legit (as it is) - does that mean i would have to pay taxes twice? in france as well as in belgium? that's just nonsense. and what kind of tax would i have to pay? company tax? personal tax? this is rather confusing, seems you know more than i do...

and in Belgium will i pay what? corporate taxes or personal taxes? or both?

So it seems i'm wrong - and there's no substance - if that's the case, and my company is registered in France and i live in Belgium - does that mean i don't have to pay any tax in France? Coz there's no substance in France, all the substance is in Belgium...

Having a company registered anywhere actually requires a Local Registered Address of some sorts and sometimes a secretary is also required by law. If you don't have these, you don't get your registration. So substance is already there once you register your company in a specific country. So...

I have a revolut personal account and that was the one i used. for the HK company, i didn't decide yet - still looking for other options, setting up the company should be cheap, you can try NEATcommerce - they're pretty official so they won't scam you - or any other HK based company (lots and...

I'm in the exact same situation - i've been looking for a solution for 2 months - nothing yet... PayPal may work with currenxie or other things (tried it with revolut and it works) - Stipe will not...

Thank you but still that does answer the question. The company is registered in Estonia and the main place of business is Estonia (office, secretary, all the what not), the decision-making is in Estonia... I (the individual shareholder) am reside in Belgium - so why should my Estonian company...

please enlighten me... let's say we have the following situation. i live in Belgium and my company is registered in France (or even better, Estonia - as that's viewed as good jurisdiction to incorporate). the company makes $100k revenue in one year - how much tax do i have to pay myself in...

HK was my main option as well - i have not been able to find a way to open a bank account in HK - you have to go to the bank and then wait some 1-2 weeks and then go again to sign everything (i have friends in HK). best option would be to open a bank account in Singapore - banks there allow...

again, you're missing the point, or you just can't read. i only asked for a jurisdiction that does not require so much paperwork - you were the one that said it's not legal - if may be or not be legal for you - i'm just looking for a country where i can set up a company to do ecommerce with...

why all the hate? i didn't ask for someone to open a company for me? i just asked about options for ecommerce / dropshipping - you started going offtopic with the taxes and stuff... i'm not sure you understand how companies actually work...

Dude that's not the point - the only reason you incorporate a company (anywhere) is to put a limit between your personal revenue / profit / losses - and the company's revenue / profit. There's a company bank account, a company revenue, company filings, etc - until that money is out of the...

that's not the point, in my home country i pay taxes only for the revenue i make, not for the revenue of the company that i am stakeholder of - i would only need to pay taxes (myself) when the company distributes dividends. but that's something else - any jurisdiction where i can get away with...

Thanks for the replies guys, privacy is not a concern, i don't plan on doing any shady s**t. Also, taxes are not a concern (i plan on paying what needs to be paid) my only concern is accounting, reporting, filing, auditing - all that bureaucracy... if there's any jurisdiction where i can get...

RCS is for VAT (you mentioned RCS in your post - and i said RCS is for VAT). CRS is for reporting - but one thing i don't get, how will the country know i am the beneficiary of a bank account abroad if i don't even have a bank account abroad? i don't get it...

RCS is for VAT as far as i know. CRS yes, that might be an issue, but what's that got to do with the revenue the company makes? The company is registered in an offshore jurisdiction, not the EU - so it actually pays tax (whatever tax may be) in that jurisdiction. Let me know what am i missing here?

Seychelles is a good option, no accounting or tax filing - but is there any credit card processor that works with a Seychelles IBC? Why do you say that? How come you cannot avoid taxes in the EU if all the money is made by your offshore company (which is not just a pass through llc) ?

Does anyone in the marketplace offer verified stripe or paypal accounts for sale? accounts where i can just add my bank account or credit card for withdrawals? Don't have a paid offshorecorptalk account, might get one if i can buy some verified payment processing accounts - can be anything, not...