Offshore for ECommerce

[negon]

Your welcome 🙂

 

[Internationaloff]

Yes, I can help you. Please send me a PM.

 

[bountymounty]

You could setup a simple stealth paypal⁤ account and use any offshore company!

 

[ForexSignals]

Hi OP,

Please keep us posted with the progress you make. It will be really‌ helpful to know if you have found a viable solution for your needs.

Thanks

 

[genetik]

I was thinking of this too but here I ran into a‍ problem I use Shopify as Ecommerce Plattform .. they turn your paypal account into a⁠ business account, I have some steahlt account verified with no limitis, but as soon as⁤ it gets changed to a business paypal account all limits are there again and I⁣ still dont found a way to verify a business account cause the ask for more⁢ paperwork about the company ..

 

[negon]

What documents do they ask for, you may copy/paste the list here!

Also, isn't it‌ possible for you to buy a business paypal stealth account?

 

[bothe]

Personally I would go with a Cyprus or other︁ European company formation because it's easy to get payment services to accept my business when︂ incorporated in Europe!

 

[genetik]

They are asking for a lot of Business Documents which I found no where, not‍ that easy as for a private account ..

I nowhere found a Stealth Business account⁠ to buy ..

 

[genetik]

I have to check if it would reduce my tax costs .. as‍ far as I know I need an office in Cyprus to incooperate there (law from⁠ my countrie)

 

[genetik]

What about just starting a C Corp or LLC in US, I mean it doent‌ have to be anonymous I just want to lower my tax ..

 

[nicolas11]

Hello, I am exactly in the same situation! from France, using paypal/stripe, dropshipping from China,‌ selling worldwide. Could we talk in private? I have already some ideas but it would‍ be great if you could share.

 

[negon]

Depending on who you are registering your company with thye⁠ have a real office and can provide office address and director for the company as⁤ an additional service.

 

[genetik]

yes may we can⁠ find a solution together which works for both ..

 

[Montecristo]

Try Singapore. Easy to get bank account and PayPal.

 

[Starlights]

Singapore needs big money in you bank if you open. If you use a nominee then‌ you should trust that nominee and it is not a cheap setup for a small‍ business. but if you have the money go for it Singapore is a nice business⁠ country but it was better in old days for small business then today. not forget⁤ you need visit the bank in Singapore for open a account.

 

[Montecristo]

Yes, I do agree that you need to visit the bank to open⁣ an account. But not really big money. If you are registering a Singapore company with⁢ a Singaporean or PR as nominee director, it shouldn't be difficult to get a bank︀ account legally. That is also the reason why Singapore is the best for clean business.︁ But deposit to open a bank account has lowered.

 

[happyjohn]

Do you think⁣ Singapore is worth the trouble to open an account there?

 

[pincho]

It's not fast but you setup everything in Cyprus!︁ I will be in same situation like you in 3 weeks and want to go︂ for Cyprus.

 

[genetik]

but still with cyprus you need to pay your income tax in your countrie⁠

 

[negon]

exactly as you need to do in any other jurisdiction where‍ you register your company 🙂