Do I need a high risk payment processor?

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Karin Lowe

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Aug 24, 2023
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I want to run a completely legal store, with electronic items, watches and more. However, I buy the goods very cheap abroad below market value and without VAT, so I can not register it as a legal business.

However, I don't have any commercial contracts or anything else that Payment Processor would like to see.

What would you recommend? Is this only possible with a high-risk processor or can it be done with Stripe & Co?
 
bigdaddyleon said:
eek¤%&


What would stop you from doing it legally?
As you already mentioned in the best way, no payment processor will most likely accept you under these circumstances.
Click to expand...

Since I sell the items without VAT and the items are actually made for the Asian market and not European market.

However, I can get suitable documents via darks to pretend a company, would it be possible?
 
Best is to have company, director and real address same country. You can do that with a UK company!

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cryptounions said:
What's VAT?
Click to expand...
Value-added tax

myhand said:
Best is to have company, director and real address same country. You can do that with a UK company!
Click to expand...
Can you have something like that created for you? So completely set up, without the one himself in appearance at the company steps?

We are talking about a kind of tax avoidance here, in which case someone only wants to be associate in a roundabout way.
 
Karin Lowe said:
Value-added tax


Can you have something like that created for you? So completely set up, without the one himself in appearance at the company steps?

We are talking about a kind of tax avoidance here, in which case someone only wants to be associate in a roundabout way.
Click to expand...
You will find alot of service provider offering this service
 
If you relief the thread I would supply that you better go inside mentor group gold to discuss such topics in details.
 
What's the most difficult business to place, pharma, casino or adult ?
 
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