offshoreww anyone tried them?

[Ohagi123]

I have contacted www*offshoreww*com regarding setup of company + bank account in panama. I was not able to find much information about them so I thought I'd ask here. They charge 1700 usd for this but the bank account requires around 3k usd deposit which is a lot.

I'm currently searching for a offshore company and bank account for my software company. I have been reading a lot of posts on the forum but still not sure who I should pick to provide me with these services.

 

[negon]

Welcome aboard 🙂

You don't have the 3k or you don't want to put them there?

Why did you pick Panama in the first run? and finally what did you try to achive?

 

[Ohagi123]

auric said:
Welcome aboard 🙂

You don't have the 3k or you don't want to put them there?

Why did you pick Panama in the first run? and finally what did you try to achive?
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Thank you! hap¤#"
I do have 3k but I just find it very concerning that this is a requirement.
I'd like to avoid the VAT rules in Europe. Keep most of the revenue in my company without paying too much in taxes so I can reinvest in more aggresively marketing and so on.

 

[negon]

Okay, clear. Did you considered a Seychelles corp? it is only $700 or so.. and you don't have to charge VAT if you don't want 😉

 

[Ohagi123]

auric said:
Okay, clear. Did you considered a Seychelles corp? it is only $700 or so.. and you don't have to charge VAT if you don't want 😉
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Yes I did so that should be an option as well for me.

 

[Internationaloff]

Ohagi123 said:
Thank you! hap¤#"
I do have 3k but I just find it very concerning that this is a requirement.
I'd like to avoid the VAT rules in Europe. Keep most of the revenue in my company without paying too much in taxes so I can reinvest in more aggresively marketing and so on.
Click to expand...

It is no longer possible to open bank accounts for non-residents in Panama.

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[Talyn]

Ohagi123 said:
I have contacted www*offshoreww*com regarding setup of company + bank account in panama. I was not able to find much information about them so I thought I'd ask here. They charge 1700 usd for this but the bank account requires around 3k usd deposit which is a lot.

I'm currently searching for a offshore company and bank account for my software company. I have been reading a lot of posts on the forum but still not sure who I should pick to provide me with these services.
Click to expand...

Your business is B2B or B2C?
Do you need a paypal/2checkout or you're getting paid via bank transfert?
Do you need a certain level of "anonymity"?
Why did you chose Panama in the first place?

 

[Ohagi123]

Talyn said:
Your business is B2B or B2C?
Do you need a paypal/2checkout or you're getting paid via bank transfert?
Do you need a certain level of "anonymity"?
Why did you chose Panama in the first place?
Click to expand...

B2C.
I dont need paypal.
I have not finally decided to go with panama.
I will need the anonymity requied to have the VAT excluded from my products.

 

[negon]

I would simply incorporate my business in the Seychelles or Belize. Easy, fast and cheap! so it is an all roud entity that can be used for most online business!

 

[FullDISK]

For you Belize or Seychelles + Euro Pacific Bank

Panama is very very very "dirty" because panama papers

 

[Talyn]

Ohagi123 said:
B2C.
I dont need paypal.
I have not finally decided to go with panama.
I will need the anonymity requied to have the VAT excluded from my products.
Click to expand...

I agree with @auric go for a Seychelles or Belize.
But if you go for a seychelles IBC, get at least a director nominee as starting from the 1st december 2018 anyone will be able to check who is the director of the company

 

[Internationaloff]

Ohagi123 said:
B2C.
I dont need paypal.
I have not finally decided to go with panama.
I will need the anonymity requied to have the VAT excluded from my products.
Click to expand...

You can use: St. Kitts and Nevis, Saint Vincent and Grenadines, Belize, Dominica, Seychelles (according to your business). thu&¤#

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[crownblown]

You want to try a Belize company as it is now, still the fastest and best setup 🙂

 

[bastard]

Internationaloff said:
It is no longer possible to open bank accounts for non-residents in Panama.
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really, did they stoped accepting foreign people? when did that happen?