Online adult company setup + bank account in EU

[Officetwin]

Hi,

I just subscribed for the Mentor Group. I have not found anything related to what I'm looking for, hopefully someone can point me in the right direction.

We are a online start up company in the Netherlands. We run an adult website, with 3d animation cartoon and adult webgames. All legal, no real persons/models used. We use Epoch.com as payment processor for our subscribers and affiliate marketing. So far we have not been able to apply any local bank account, as they see our business as adult entertainment. We currently run a revenue of approx. 5k USD per month. (through a third party, which isn't official under our name)

We need a company registration in EU with an EU/IBAN bank account, in order for us to comply with our payment processor Epoch.com (we had good experience with them in the past) We need to be able to make international transfers to the US as well as IBAN accounts with internetbanking options.

Our main priority is to get the company fully operational with a working bank account in EU. If we can benefit from the cyprus tax rate( or anywhere else in EU), instead of the Netherlands (25%) that would be nice bonus. Any advise where we can setup shop and able to apply for bank account considering our business? Thank you in advance for any advise.

 

[Officetwin]

Add-on, I read on this forum regarding EMI >>> like LeuPay, Bunq etc. Anyone have experience applying Leupay , Bunq as adult business, combining with Epoch?

Some threads mention to hide/fake their business activity or have attempted to use CCBIll, CCbill seems to tighten the requirement ? quote from another thread:"Your identification must match the region from which your company is registered. If you're in the U.K., and your company is registered in the U.K., your ID must be from the U.K. If you're in Cyprus, and your company is registered in Cyprus, your ID must be from Cyprus. Does that make sense?"

Seems ccbill have similar requirement as epoch.com

In our case we are Dutch EU citizens, would we still meet legal requirements, Dutch/Cyprus company combining EMI-account with Epoch. We want to approach as transparent as possible, as we want to be able to sell this company legally.

 

[diablo]

Officetwin said:
If you're in the U.K., and your company is registered in the U.K., your ID must be from the U.K.
Click to expand...

I would suggest to ask CCBILL directly and ask them what to do if you are operating Companies in several countries! Otherwise I would look into DARKS and Cyprus company + EMI account like Leupay, WorldCore or similar and hide my business activity from the EMI provider. Most banks and most EMI providers if not all reject adult business 😡

 

[negon]

You want to ask if you can't own a foreign company which apply for CC processing with Epoch or CCBILL directly with the firms. It may give you a clear answer.