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Card scheme is very strict industry. Merchant account companies like Stripe are always at risk when they allow someone to accept money through their gateway. So if you want to avoid your money blocked somewhere or your brother be chased by Canadian tax authorities you will need legit setup

He must earn something (at industry level), otherwise your structure can be challenged by Canadian tax authorities

Your brother will probably have to open a business that is like agency: he is curating your professional work and taking some % of it as fee, pays taxes on it in Canada and sends you from his business bank account the remaining funds as your personal earnings.

Calling people dumb right away without even figuring out what exactly they meant is mauvais ton.

You get % for being a "fall guy" :D

Hmmm, even Chinese companies cannot escape Facebook sues Chinese companies for selling fake accounts

If its against social platforms then these platforms can do anything in their power to make the owners of the company suffer and try to pierce the liability protection. Poor fella can end up losing his assets to compensate "damages" to these platforms.

Not yet, I'm going to apply soon. Professional nominee director should be sufficient (depending on nature of business).

For EU based clients (doesnt matter if legal entity or natural person) you have to pay VAT at the rate of the customer's country. If EU legal entity has VAT ID number then you don't need to charge VAT. For automated tax calculations you can try using Paddle - Revenue Delivery Platform for SaaS...

RCB. Their merchant services can be found here: Merchant Acquiring Services — RCB Bank Ltd. I found no other bank in Cyprus that offers merchant account (Im not fond of EMIs)

Maybe because of multicurrency card which knows in which currency to process your payments avoiding exchange fees, lower fees for maintenance and decent bug-free mobile app that was not made by random indians? + the only bank in Cyprus offering merchant account

Do you guys seriously think some dude owning defense and security company consulting presidents would go on some forum to ask random people for help open EUR bank account? :D

Nigeria maybe

Yes it is risky, you might end up in huge trouble in case Transferwise data leaks somewhere

Who would tell you price for audit if its unknown to the auditor how complex your transactions are ahead of time?

Your UK Ltd is going to be tax resident where you are tax resident. You will probably owe the same taxes as local company in your EU country of residence

If you receive 15k daily from your payment processor you surely can arrange a visa to Dubai lol

Maybe you should look into real bank account. Not sure but Singapore or Dubai might be good for your size

Security is top priority smi(&%

With enough lube you can even carry it up the ass :D