I can see that we struggle against nature when we want to open merchant account at payment gateways for panama, bvi, seychelles, belize... you name it. It is like that with 2checkout, paypal, bitpay, skrill...etc...etc... I have the feeling that by doing so we waste our time.
In fact, the big companies before us never used offshore companies as trading companies, they used all the offshore companies to only gather royalties not to be in the front line. By the way many agents expect us to use the offshore companies as a patent holding company, a holding company or an investment company.
the classic setup would be to have a Cyprus company at 12,5% corporate tax and pay 6,25% to an offshore jurisdiction using a Royalty agreement before paying the corporate tax. So, in this case you would have an intangible asset in Belize like a trademark and allow the use of this trademark to the Cyprus company against money.
Meanwhile, in offshore jurisdictions, it is hard to accept visa / Mastercard, the fees are high, the banking system is slower, exchange rates are high too, transfer fees are high.
In fact Euro pacific bank is not tailored for trading. By using a fee per transaction model, it shows that in order to take advantage of it you should transfer few transactions with big amount rather than many small transactions.
What do you think? please let me know your thoughts about it.
In fact, the big companies before us never used offshore companies as trading companies, they used all the offshore companies to only gather royalties not to be in the front line. By the way many agents expect us to use the offshore companies as a patent holding company, a holding company or an investment company.
the classic setup would be to have a Cyprus company at 12,5% corporate tax and pay 6,25% to an offshore jurisdiction using a Royalty agreement before paying the corporate tax. So, in this case you would have an intangible asset in Belize like a trademark and allow the use of this trademark to the Cyprus company against money.
Meanwhile, in offshore jurisdictions, it is hard to accept visa / Mastercard, the fees are high, the banking system is slower, exchange rates are high too, transfer fees are high.
In fact Euro pacific bank is not tailored for trading. By using a fee per transaction model, it shows that in order to take advantage of it you should transfer few transactions with big amount rather than many small transactions.
What do you think? please let me know your thoughts about it.
