Newbie questions

[jbak]

Wanting to setup offshore company for hotel booking business (like agoda), so need bank accounts, internet banking, credit card etc I was wondering why I would need a merchant since there are many providers like stripe etc. that don't require you to have your own merchant account.

Also curious as to what is better? hong kong or singapore or finally which is the most reliable company to set this up with?

Sorry for these newbie questions..

 

[diablo]

You don't need a Merchant account, use Stripe or 2co to get started and build‌ your business.

If Hong Kong is supported by Stripe and 2co I would setup a‍ HK Company, even better would be to setup a St. Kitts corp which is way⁠ cheaper and easier to setup and still can be used for the mentioned processors.

 

[CoinMaster]

start with strip or 2co that's the best and fastest to get your business going!‌

 

[jbak]

2co requires a lot of paperwork and previous records. I am setting up a new‌ company so that's hard. It doesn't seem like strip supports St. Kitts

 

[negon]

Stripe will require the same documents as 2co does!

 

[jbak]

but you can't provide many details if it is a new company...

 

[Internationaloff]

You can setup a company in St. Kitts and Nevis or in other jurisdiction accepted‌ by 2CO.

 

[CoinMaster]

If you apply for your own merchant account you will even be required more documents‌ and information compared to stripe.com or 2co.com

 

[icecold]

OP did you find a so called anonymous payment processor that is accepting your offshore‌ company for the opening of a business merchant account? I would like to know?