Recent content by PhilippJumpertz

Banks in Cyprus only open company bank accounts for very few business activities. I heard from experiences that they don't even accept e-commerce. And I think it's not possible to open bank accounts there without holding the residency. For EU citizens this is a cheap no-brainer, but for non-EU...

Warning, in case you didn't know: Legal vehicles, as well as incorporating them, are over-prized commodity products. Without bank accounts, they're worthless. Stay away from advice, that doesn't answer the bank account problem and only telling you in which jurisdiction you should incorporate...

Offshore is about compliance.

Ok. I will have more details in may, when we went there.

The choice of incorporation should follow your banking requirements. PayPal for offshore companies is still easy to get. We just opened accounts for Panama IBCs around one year ago. The problem are higher fees and in Panama you have to pay the fees twice, since you cannot connect bank accounts...

Banks in Georgia open accounts for non-residents (natural/legal persons) and have been described as crypto-friendly. This is only second-hand information, since I'm not into this whole crypto gambling thing. In about 2 months we will open accounts there too.

Stripe accepts clients from: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Japan, Luxembourg, Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, United Kingdom, United States, Italy PREVIEW, Portugal PREVIEW, Brazil PREVIEW...

Stripe is available in Hong Kong and Singapore, but there are know difficulties to open bank accounts there. And in Singapore, Stripe also requires the representative to be from Singapore. So whats left are tax-transparent vehicles in the jurisdictions, that Stripe accept. Unfortunately...

In the US, Stripe requires the business representative to be from the US. A valid US Tax ID, SSN and US phone number has to be provided. Source: when entering the sign-up process by connecting stripe to another application.

Stripe is not available in Cyprus and doesn't support payouts to bank accounts in Cyprus. Source: Receiving Payouts