Offshore for ECommerce

[genetik]

Hi guys,

i nearly read all threads but still miss some Infos may someone can help me and guide me. I'm from Europe from an high TAX countrie, I have some side businesses in Ecommerce running which starts to make decent amount of Money.

What I want is to reduce tax as much as possible for the side Business, the ecommerce is at the Moment droppshipping only, so buying from China and selling WorldWide 90% is just USA.

What I Need:
Low Tax
Payment Gateway
Paypal if possible

Can anyone guide me with which Location or Setup I should go which is easy and fast ?

 

[genetik]

Nobody any idea ?

 

[Internationaloff]

Hello.
Digital or physical goods?

 

[negon]

You may setup your company and bank account in Cyprus and find a European payment‌ service provider to handle your credit card processing.

It's not going to be cheap or‍ anonymous but it is a possibility!

 

[genetik]

Physical but based on dropshipping!‌

What I forgot to say is I only sell to US at the moment and‍ think about expanding to Australia but I want to avoid selling to Europe!

 

[Internationaloff]

Do you know if the seller (China)⁠ has problem to doing business with an offshore company?

 

[genetik]

I dont think they have as long as I‍ can pay with Credit Card it should not be a problem.

But it will be⁠ a problem to connect it with paypal and a payment gateway for my customers I⁤ think

 

[negon]

PayPal is going to be complicated for this setup! Usually people doing business with China‌ setup corps in Hong Kong or Seychelles even BVI has been popular in the past.‍

 

[Internationaloff]

If the seller has no problem to doing business with an offshore company, US market⁤ like stripe and 2checkout as payment system and 2checkout is possibile with an offshore company⁣ + Leupay.
Don't forget that Paypal is not the first choice for real business.

PS: I have 21 companies, but I don't use PayPal. thu&¤#

 

[genetik]

Thanks, can you recommend anything like Seychelles or BVI or whatever whit this set up ?⁤

The paypal thing I have to think about, at the moment 70% of my customers⁣ pay with paypal not with stripe .. they even prefere to use paypal for normal⁢ CC payments

 

[Internationaloff]

St. Kitts and Nevis, Saint Vincent and⁤ the Grenadines, Belize are good choices for your business, but if you need Paypal the⁣ best choices are Bulgaria, Slovenia and Cyprus.

 

[genetik]

Thanks for your help, I have to check if Cyprus or⁠ whatever in EU would really lower my Tax in the End or if I can⁤ find a way to cut out Paypal ..

 

[Internationaloff]

The best choice in EU is⁠ Bulgaria.

 

[genetik]

I have to‌ check how easy it is to set up a company there and where I would‍ have to pay tax then cause I'm not living there I need to check things⁠ like double taxation ..

 

[Internationaloff]

Corporate Taxation in⁠ Bulgaria is 10% (Dividends 0% or 5%).
Personal Taxation is 10% + DTT with all⁤ European countries.

 

[genetik]

sounds good .. do you‍ know how easy it is ? is it needed to go there for the set⁠ up ?

I guess i would not need a bank account as I can just⁤ use leupay for payment processors and paypal without bank account, you can also pm me⁣ if you want

 

[Internationaloff]

You can⁤ register your company from distance without travelling to Bulgaria with the additional power of attorney⁣ documents, translations and certifications.

The registration of a limited liability company in Bulgaria includes a⁢ Bank account in Bulgaria, but you can use Leupay with BG IBAN.

 

[genetik]

Do you have any agencys on habd which can help?

 

[negon]

I can't find the thread now, but there were a few guys from Bulgaria also‌ agent's that posted about this already. As far as I remember they were not satisfied‍ with Bulgaria.

Maybe I can find the thread so I will update this one.

 

[genetik]

Thanks alot dor all your help!