Cheapest Offshore Company for Payment Gateways?

[yitoral]

-- I'd like to know which location is the cheapest for offshore company formation for payment gateways?
-- Seychelles is the cheapest but most gateways dont accept that country
- Can I use nominee director's name for registration of payment gateways?=
-- Can I use Seychelles corp. and simply purchase online merchant account and accept credit cards without payment gateways?

 

[negon]

Well, you need something within the EU to get some payment processing for your needs,‌ if you want an offshore company Cyprus and Maltha may be some good options, however,‍ I would incorporate a UK company it's very cheap.

You won't find any reliable payment⁠ processor for a Seychelles or Belize company!

 

[diablo]

What business are you into and what is it you are looking for in regards‌ to payment gateway?

 

[yitoral]

Selling storage dedicated servers. Chronopay maybe? or‍ stripe or paypal? or netbilling?

My business is small: 15000-20000 usd revenue /annual. Will I be still entitled⁢ to UK Tax if I create corp. there? Because Ive heard they allow free tax︀ until 70k eur/annually. Is it true?
If i also purchase nominee director can I use︁ that id instead of my id for payment gateways?
How much does UK corp. cost︂ annually?

 

[Leo]

I'm having the same doubts as @yitoral ... Need to set up some payment processing‌ solution for a small online business (intermediation in services rendering) and still haven't decided where‍ to incorporate. Can anyone shed some light on it please?

 

[adnan]

i am also in the same boat.
looking for a cheap reliable approach such that‌ i could accept payments on my website.

 

[JohnLocke]

You want to look into the payment processors first, once you have found one ask‌ them what countries they accept, usually they have a list of accepted countries or a‍ list of not accepted countries. Now pick one of the countries they accept and setup⁠ your offshore company there if possible.

 

[TrueNorth]

Do we have⁤ a list of the best online payment processors?

 

[JohnLocke]

There is in the mentor group gold a database with lot's of good payment processors.‌
https://www.offshorecorptalk.com/resources/

 

[Sut4su]

I have kinda the same problem as a topicstarter. Low revenue of 12k-24k USD Annual,‌ so most jurisdictions wont cover the upkeep costs or just wont worth the time.
Moreover I reside in Russia, it adds additional layer of complexity rn, and I need an‍ active working Paypal account connected to the bank account.
I am wondering if its worth⁠ investing in opening up proper company rn, or let it roll as it is and⁤ focus on generating more revenue and open up in Dubai afterwards with 50k+ annual revenue.⁣

 

[bonox]

Go with Dubai afterwards. Your option to get a merchant account ar way higher simply‌ with a UK LTD but since you are from Russia I don't know how many‍ PSP's will accept you.