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Offshore and paying out the money

sialala

sialala

Active Member
Nov 15, 2017
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#1
Hello everyone,

I am new here and I am newbie in the business of an offshore companies and etc. I would like to start my own e-business in one of EU country. An one of the most bureaucratic and taxed state in Europe. I am wondering about an offshore company in Belize for my business. I would like to start selling e-goods via internet. I will receive a payments from my customers via payment providers from "e-bay" to business acc opened in bank - beneficiary of this company will be nominee director. I am wondering how to paying out money from an acc ?Business acc will be opened for Belize company. Company of course with shareholder and nomine director. I would like to stay anonymous!

What do You recommend ?

customer --> biz acc in the bank --> PAYPAL,LEUPAY or other ---> my real acc?
customer --> biz acc in the bank --> biz acc in other state like Cyprus ---> my real acc or credit card to acc

or another way ?
Hope so I've started thread in the right section.

Be gald to hear Your advices and opinions.

Thank You.
 
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#2
welcome aboard thu&¤#

You can simply pay out all the money you want from your business account to yourself. No one will ever go and question it. It's all a big mistake on how people read the rules and actually how they are enforced.
 
#3
I can not do this because in Poland I can not withdraw money from a corporate account to a private account. I have to remain anonymous. If the tax office sees transfers to my private account, it will tax the entire sale because they will find that I am a beneficiary of this business. In Poland regulations say that if the activity is conducted in Poland it must be taxed. So I have to pay that money out so that the tax office does not come to where they are paid.
 
#4
Well, I speak about the Belize / Cyprus setup where you simply just take out the money as you need for instant by credit card!

It works total different in Belize compared to Europe!
 
#5
But I will receive all payments from customers to acc in polish bank. This is the problem. Then I've to pay it out from this acc to another cc in.ex. my own via Leupay ? or other provider ? can u recommend any solution for it ?
 
#6
You will have to receive the money in your offshore setup in order to be able to spend it "legally" for private use. Otherwise you need to invoice your polish company from the offshore company so you legally can transfer the money to the offshore corp and spend it from there.
 
#7
I know what You mean auric, but there is no possibility to do that.
I will receive all payments to polish an acc. There's no any other option. That's why I've started this thread. This is my main problem.
BTW Every invoice from polish copmany to any an offshore company is banned. We have blacklist in tax office for all jurisdictions :/
Any invoice that will be issued from a Polish company to an offshore company is in the spotlight and there is no refund for vat.
 
#8
What about Cyprus, is this banned? They are part of the EU?
 
#9
Guys I can make setup like polish company -> eu company (intercommunity invocie 0% vat in.ex. uk) -> offshore. But I've to selling it as an offshore company becuase I've to avoid income tax and etc.
 
#11
sialala said:
any solutions guys ?
Click to expand...
I think what you need is the same as I am currently setting up with @auric .
Belize coporate account with AdvCash account to process all payments. Then you get an AdvCash debit card and withdraw all the money from ATM, buy ecurrencies or even pay for goods and services directly from the AdvCash debit card... if you send a single $ to Poland you will be taxed up to your eyeballs. It happens the same s**t in Spain... the money can never be transferred to a bank account in the country.
 
#15
Orelse use offshore company to pay you dividende it's tax 19% regardless profit you make. I dont understand how invoicing Offshore company may spot redlight if you are not VAT registered entity and don't reclaim vat it should be fine - no need for VAT up to 50k euro tunover just pay income tax and help economy. If you will be too greedy either you will loose your money or get caught. Bear in mind that your competitors may alarm authorities on you getting into grey zone that will also put you into trouble so its always better to pay some sort of tax or move offshore and be happy every after.
 
#16
incognith0 said:
Orelse use offshore company to pay you dividende it's tax 19% regardless profit you make. I dont understand how invoicing Offshore company may spot redlight if you are not VAT registered entity and don't reclaim vat it should be fine - no need for VAT up to 50k euro tunover just pay income tax and help economy. If you will be too greedy either you will loose your money or get caught. Bear in mind that your competitors may alarm authorities on you getting into grey zone that will also put you into trouble so its always better to pay some sort of tax or move offshore and be happy every after.
Click to expand...

You must forget about sending the money to any account in Poland. Whatever is offshore must remain offshore. Sending yourself money from a Belize/Europacific Bank/Advcash... account to yourself is just like telling the Polish IRS " HEYYY COME CHECK ME OUT! ".

Once you have the set up just use the plastic debit/credit card to get cash or you can buy cryptocurrencies from your account as well.
 
#17
Hector said:
You must forget about sending the money to any account in Poland. Whatever is offshore must remain offshore. Sending yourself money from a Belize/Europacific Bank/Advcash... account to yourself is just like telling the Polish IRS " HEYYY COME CHECK ME OUT! ".

Once you have the set up just use the plastic debit/credit card to get cash or you can buy cryptocurrencies from your account as well.
Click to expand...
if you pay tax on it they can check you out as many times as they want and they can do nothing ,bank wont let them know until you transfer over 8k euro at once
 
#18
Hector said:
You must forget about sending the money to any account in Poland. Whatever is offshore must remain offshore. Sending yourself money from a Belize/Europacific Bank/Advcash... account to yourself is just like telling the Polish IRS " HEYYY COME CHECK ME OUT! ".

Once you have the set up just use the plastic debit/credit card to get cash or you can buy cryptocurrencies from your account as well.
Click to expand...


You are right !
incognith0 said:
Orelse use offshore company to pay you dividende it's tax 19% regardless profit you make. I dont understand how invoicing Offshore company may spot redlight if you are not VAT registered entity and don't reclaim vat it should be fine - no need for VAT up to 50k euro tunover just pay income tax and help economy. If you will be too greedy either you will loose your money or get caught. Bear in mind that your competitors may alarm authorities on you getting into grey zone that will also put you into trouble so its always better to pay some sort of tax or move offshore and be happy every after.
Click to expand...

No fuckin way bro. I will not pay any tax ANYMORE in this country! They stolen enough my money. I understand that normal countries, like Poland, Germany or other EU's country, need taxes to function, build highways, etc. But taxes here are too high !
 
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