Payment problems

[Vlad]

Hi, I need help regarding accepting payments from my online store.

The problem is that I live in Macedonia and I have made a Shopify store. In my country, paypal is only for making payments and not accepting them and shopify doesn't give me any other option.
I want someone to help me decide where to open an offshore company so that i could accept payments online with it. There are few obstacles:
As I know I will need to go to the specific country to open the account so it cannot be some far place(expensive) to go.
I would like to get any suggestions on where is the cheapest to open a company and run it.
If possible one where they accept multiple payment options as I was researching systems, Belize etc are not wanted by the payment processors and are far away for me.
So far I think UK and Bulgaria are the best choices for me. Also considering Estonia as they offer E-residence but I think it is still a bit difficult to go there.
Any suggestions any solutions to my problems?

 

[countryfree]

With Bulgaria so close, it's the obvious choice.

 

[Okanda Fernando]

I think UK is better

 

[Vlad]

And what about the combo of opening an offshore company somewhere like seashells(BVI, Belize) and Cyprus as a bank. Or is malta an ok country for something like that. It is cheap for me to go there and Cyprus. For uk it is difficult for me because I need to get a visa(but travel is cheap).

 

[negon]

I agree if you only need it for payment processing then register a UK company, it is cheap and fast to setup!

 

[Vlad]

In regards to that would a Uk company be enough or will I need a banking solution. As I can make a company online as I know (I would appreciate any links for cheap setup if anyone knows) and in that instance if anyone knows what would be my cost?

 

[MrAndrew]

Hi Vlad,

You can set up a UK company for less than $50 and then use the documents to open an account with an EMI like Paysera or MNI. This would be your best option if you need to receive payments!

Thanks!

 

[Vlad]

And can anyone tell me what would i need for making the company? And how much would it cost to keep the company in regards of cost per anum and what kind of taxes would i face?

 

[diablo]

you may setup a Company in Cyprus or Bulgaria and use stripe! for Bulgaria you can ask @Internationaloff to help you for Cyprus you can contact Offshore Company Formation - We form your offshore company here

 

[VBMP]

Register UK company, register Stripe with that company + TransferWise Borderless account.