Offshore Company + US Bank + Paypal

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daled

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May 19, 2013
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Im sorry I am a real newbie when it comes to this stuff. But I am thinking of setting up a offshore company but I need paypal. I've read here how difficult this can be.


But I have no need for privacy via my corporation. So is it possible for an offshore company to use a US Bank? And then, wouldn't paypal not be a problem?
 
You will need a nominee service for the US company in order to comply with PP policy - but I'm ot sure if this really will work.

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Only with a Cyprus company with nominees and you may need a Cyprus VPS host. There is a list of offshore hosts here on the forum in the e-commerce forums.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
 
It's possible that you can use a US bank account. Still if you need paypal, you have to declare your bank's name there and all the details must tally with your name, account number from the bank and the address. So far this is what I really know.
 
I am not sure about the question. Do you want to use US bank for verification? If not then I think there are other ways that you can use to have a verified account from PayPal
 
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