I read your question as "would I have to pay tax on the profits of my BVI corp in the UK? and how would reporting it work" .
If you are looking for anonymity it would work with a BVI company, To be even more private you could appoint a nominee but the risks are higher.
Yes a UK resident company is subject to UK corporation tax on its worldwide income and gains. By contrast a non-UK resident company is only subject to corporation tax on its UK income.
I did not mention once that he didn't have to?
Using a directly owned offshore company is not a...
That's fine, @Admin Has already removed the thread and i'm sure we shouldn't discuss it further, I was wrong to call him out for it however since it is directly advertised here i thought i'd express my dissatisfaction.
I've recently been looking into Cayman Islands but it's finding a reputable...
That's fine. I'm looking for a company that is going to reply quickly and work with me. i need a solution setup in the next few days. I can't wait a week for emails to be replied to when you are talking about serious important things.
Income is considered ‘offshore income’ if it comes from a territory outside the United Kingdom. It includes:
interest from overseas bank or building society accounts
dividends and interest from overseas companies
rent from overseas properties
wages, benefits or royalties earned outside the UK...
If PayPal is not an option in certain countries, What about 2checkout? Does anyone know of any locations "off-shore" that work with 2checkout?
I'd like to keep the transactions to USD where possible to avoid conversion fees later on.
Please let me know what options are available.
Major countries i sell services to;
France, Germany (EU countries..)
China / Japan.
I would consider opening a HK / Singapore company with bank account but they require an in-person visit and currently not an option due to...
I'm unsure on most of the locations you mentioned,
Montenegro and Serbia allow PayPal however you are unable to withdraw to a local bank account, I also am unsure of any provider that offers "off-shore" companies in those regions and also the taxations on them.
PayPal In Serbia also charge...
I am simply asking, Which countries that are off-shore 0% tax based have the option of opening a PayPal account once the company is registered and there is a Bank account @VESTANON All your replies have not really answered my question at all.
I know how paypal operates, I am not asking for the method of setting up PayPal account, I am familiar with that in its entirety, What i am asking is.
In what off-shore regions is PayPal allowed for buying, selling and withdrawing funds so i can move on and create something quickly
I am not opening an off-shore company to avoid or evade taxes,
I am opening an off-shore company because in my home country, PayPal is not available,
I operate exclusively remotely and provide services globally that require no stock etc and want to build a automated website with...
Does anyone know a list of countries that support bank accounts with PayPal?
I am looking to register an off-shore company with a bank account and i've been told that PayPal works in some locations such as BVI and Seychelles for example but do not fully work, You can send money but you...