I'm back, this time with a different issue.
These days I have been looking into setting up a store, like WooCommerce, Shopify, Etsy and those sort of things, but I have always ran into one problem - payouts.
You see, I am living inside a third-world country, where payouts to said place are not supported by these platforms. But I also happen to be an american, but I haven't lived in the USA for quite some time, so that means I have no residential address there. And even though I already have a local bank account, Payoneer, Stripe Express etc, I read here that using these sort of things for payouts will cause some trouble.
So I am thinking that setting up a company will help me get around these issues. Although I am wondering about a few things:
- I would really like to do all of this online.
- Obviously I would prefer doing this anonymously if possible, not for tax reasons or anything, just to give me peace of mind. Otherwise I don't really have an issue with KYC. Live verification would be annoying though.
- US company is obviously the easiest route for me, except for the fact that I don't have a US address.
- Other countries may also make it easier to form a company like this (UAE?).
- I'd like to use crypto to pay for the above.
Of course, I know that all of those services are only available inside Mentor Group Gold, I am just asking for advice on what you would do if you were in my situation.
These days I have been looking into setting up a store, like WooCommerce, Shopify, Etsy and those sort of things, but I have always ran into one problem - payouts.
You see, I am living inside a third-world country, where payouts to said place are not supported by these platforms. But I also happen to be an american, but I haven't lived in the USA for quite some time, so that means I have no residential address there. And even though I already have a local bank account, Payoneer, Stripe Express etc, I read here that using these sort of things for payouts will cause some trouble.
So I am thinking that setting up a company will help me get around these issues. Although I am wondering about a few things:
- I would really like to do all of this online.
- Obviously I would prefer doing this anonymously if possible, not for tax reasons or anything, just to give me peace of mind. Otherwise I don't really have an issue with KYC. Live verification would be annoying though.
- US company is obviously the easiest route for me, except for the fact that I don't have a US address.
- Other countries may also make it easier to form a company like this (UAE?).
- I'd like to use crypto to pay for the above.
Of course, I know that all of those services are only available inside Mentor Group Gold, I am just asking for advice on what you would do if you were in my situation.
