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Recent content by Palvik

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    Asking for Sugestion - 45% tax - offshore company?

    How do you receive payments would be my question. Here's what I do for my Amazon UK and EU: I have a Hong Kong corp with NEAT Business and Personal Bank account. Hong Kong has a territorial tax system, meaning you pay tax only on business conducted in Hong Kong. I use WorldFirst to open up...
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    Chinese bank account for a European legal entity.

    I manufacture products in China and sell them on Amazon. My set up is this: Hong kong company with NEAT Business bank account. The drawback is that they don't yet do direct transfers to China. So to circumvent that I use GoRemit.HK - Cross Border Payment Basically i send them HKD from my...
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    Bank account for digital nomads working globaly?

    Hi OP, I have a few options from personal experience. Apologize if i miss the mark but good info nontheless. The first one would depend if you're a USA citizen. If you are, Stewart's site (not a plug) is a good resource for free info. https://ustax.bz/crypto/ Basically, his advice is to form...
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    Anyone heard of IPayTotal?

    Yes, I’ve had exact similar experience. Something’s off but I can’t put my finger on it. They approved our online cannabis dispensary within a week with a 4-5% MDR, which is low even by high risk standards. Half the reviews are 1 Star with ppl claiming fraud. Most importantly, constant...
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    Anyone heard of IPayTotal?

    Hey guys, We are an online store with high risk, barely legal items in Canada. Ipaytotal accepted us for credit card processing. But their reviews on trustpilot are half 1 and half 5 stars. It’s crazy. Anyone had experience or advice on this merchant? Thanks