Need help! Offshore company for online business

[sanamine]

Hello everyone,

I am new to the world of offshore and I have a website offering services with a monthly subscription fee and as I live in Algeria (Africa) it is impossible for me to create an ecommerce company here.
So I need to create an offshore company, a bank account and an internet merchant account, the problem is that I have a tight budget ($ 1500), I heard about Seychelles but I do not know if it is adapted to my project.

On the other hand I have a Payoneer account and a Paysera account I do not know if they will be useful.

So here, thank you to all who can advise me and excuse my English (French is my main language)

 

[user9823671]

How do your customers currently pay you?

With an offshore company you will find it‌ hard to get a bank to take the business - if you do, then your‍ online payment options are drastically limited (no paypal, no stripe). Some payment processors do appear⁠ to handle offshore companies from their websites, but I have no experience with them as⁤ to whether they actually will or are reliable

 

[lavel]

If you can use PayPal for your services you may setup a UK Ltd, TransferWise‌ account and PayPal account so you get all covered.

 

[sanamine]

My website⁣ is not operational yet I apologize for not mentioning it above. I found some sites⁢ similar to mine that uses PayPal, Stripe and klik & pay but I read that︀ PayPal and Stripe do not accept offshore companies

 

[sanamine]

thanks for your reply I did not know that it was possible to use a TransferWise‍ account. Can it work with Stripe too?

 

[lavel]

I don't‍ know yet with stripe and TW but you may Google if there are problems or⁠ maybe someone here on OCT know if Stripe allow to payout to transferwise.

 

[WoWNull]

they do allow
have
Stripe from UK and AU and both connected to same TW ( USD TW with‌ USD stripe in UK and AU TW with AUD stripe)

 

[Spinat]

Thank you for the information this is good news for me.⁠ I was considering Stripe but struggle to get proper banking and thought Stripe was out⁤ of question because of the missing real bank account.

 

[WoWNull]

I do use TW with⁠ Stripe and work perfect

 

[Spinat]

Good to know I will have to look into it soon. I'm not sure if‌ Stripe can be a replacement of paypal.

 

[WoWNull]

It is, really‍ better, less fees and no issue like pp

But to br honest in general they⁠ are both not good bcuz of stupid policies about how the define risks

 

[JimBeam]

If it's some kind of SaaS product, my advice is to consider Estonia (or even‌ UK).