Indeed. In terms of expenses it is possible that a Cyprus setup would save a bit - though lower %s would have to be offset against the expense of hiring auditors, nominal directors, business address rental etc. It could well result in savings - and I´d love to have the setup in Cyprus as I love...
I was referring to things like the annual audit requirement which Cyprus has - but which does not exist in many other European jurisdictions. I agree Cyprus is fairly cheap to do business in - i did so when living there - and found Hellenic Bank very easy to work with.
It might be that Cyprus...
Thank you for the information. That rules out Cyprus I guess.
I dont mind paying the VAT - its the complicated bureaucracy and spending half the too-little-time on reporting, accounts etc I really want to avoid. But, it seems such options do not really exist from what I can gather. So I guess...
As stated in the original - some part of it is adult, and thats where Epoch comes in indeed.
I actually still have a private account with Hellenic in Cyprus after living there some years ago ... and things might have gotten a lot more complex since then - but back then local companies offered...
Aside from CCbill there is Epoch.com, Segpay.com and Verotel.com - all of them primarily processing for adult for many years, though Ive heard some concerns about Verotel from some. CCBill and Epoch are considered the big 2.
But aside from the processing, it also needs to go somewhere - which...
Thank you very much Fred.
Those are good considerations. My problem is though that at least the bank account needs to be in the EU (as some of the commission payments, Epoch for instance, will only send to the region in which you registered). In theory the company could be located elsewhere but...
I am about to move country in the EU - and need a new setup for a sidebusiness I have. It isnt massive in income, but I´d like to have it separated from where I am - and minimize administrative obligations. First and foremost I´d like to be able to spend my time on the biz side of things, and...
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