Which jurisdiction for webapp

[Max2020]

I'm building an website who will offer financial services online via a webapp. I'm looking for a jurisdiction where I could incorporate this company. I was thinking about Cyprus, Estonia, Bulgaria.
Some requirements:
- Europe
- remote management possible
- good bank + banking application + API
- not a tax haven (so at least 10procent corporate tax)

 

[avalanche]

so what is the question exactly?

 

[Max2020]

Lol, really?

Taking into‌ account the requirements... What jurisdiction do you recommend?

 

[avalanche]

> financial services

You literally provided zero details of what exactly you are‌ going to do and then you demand answers.

 

[Max2020]

I could tell you everything but then you should sign a NDA 🙂. No really,‌ if you don't have anything useful to add, please go complain in another thread 🙂.

Like I said already: it's a financial webapp and I have a few requirements, see‍ my first post. I contacted already a few accountants like in Cyprus and Bulgaria, but⁠ yeah offcourse they all say they are the perfect jurisdiction.

 

[Sols]

What's the nature of the financial services? Do you require a license?

 

[Max2020]

We will operate as a intermediate between consultants and their clients... We shouldn't require specific‌ licenses.
I guess London would also be a good option for us, but yeah I‍ don't know what the Brexit will change regarding VAT etc...

 

[Sols]

Are you going to handle other people's money? Will someone be paying you and then‌ you pay someone else?

 

[exprtadvisrdev]

You are not giving enough info yet, but I guess Lithuania could help you since‌ is where most of the "financial services" are being created in Europe these days.

Everything related with "financial services" I think is better to talk to a consultant who really‍ understand the field because most of the stuff related with money need a license or⁠ an specific incorporation

 

[Martin Everson]

Have you double checked this‌ is true?

When someone says the below I look at them like ca#"!

 

[avalanche]

Maybe they are planning some bank loan⁢ comparison website

 

[Martin Everson]

Ok fair enough if its something like that. But keeping it a secret what he wants‌ to do is not gonna get him a good answer. Hence why he should double‍ check with regulators maybe.

 

[avalanche]

Thats what I meant⁠ a couple of posts above.. The guy wants all the answers while he clearly doesnt⁤ want to share the details necessary for the answer

 

[Max2020]

Are you still crying...it looks like you hijack a lot of threads and start complaining.‌

 

[avalanche]

Did people tell you how narcissistic you are? 😀

 

[Sols]

@avalanche's question is perfectly reasonable. The term "financial services" can mean a lot of‌ different things, which may or may not require a license. Depending on type of financial‍ services and whether they require a license, different jurisdictions are differently suitable. Even across the⁠ EU, despite PSD2, not all regulators agree on what requires a license or what type⁤ of license applies.

Either cough up the full story or continue not getting any useful⁣ information. Take it to the Mentor Group if you don't want the details entirely public⁢ on the internet.

 

[Max2020]

I will post it in the mentor group ...