Adult business need company and bank

[RoderickUsher344]

Hello! I am new and need some advice. I working in affiliate and model’s pay me on an adult cam site with their tokens for my services (moderator, bio design, etc) and this activity not requires me to stay in my country, i can do this anywhere in the world. I already own a company in Dubai and has no residency yet but it is in progress (COVID made it late ). The problem is Dubai is expensive and too risky try receive payout from adult business. My plan would be get an offshore method With nomine to receive the money by Wire from this company which looks like a non adult , normal business just IT but of course you can find what they doing in real after a few seconds of google reading. I need company with bank which is able to receive the amount (monthly about 25K USD atm) and send to the company in Dubai where I am tax free ( I am in EU) What do you recommend for me? Thank you

 

[CaptK]

Yes you are correct you will need a nominee to distance yourself from the adult business. Then you invoice or use it as pass through like a UK LLP to deliver the funds.

 

[JohnLocke]

How would a nominee director help in this situation, where do you suggest to setup the company?

Do you say that a UK LLP is anonymous and you can hide the UBO as well as shareholders?

 

[CaptK]

How would a nominee director help in this situation, where do you suggest to setup the company?

Do you say that a UK LLP is anonymous and you can hide the UBO as well as shareholders?

Correct, The UAE bank do not know what UK LLP do. So when sending funds to the UAE for IT services there is no issue.

But to think about it again he doesn't need the anonymity he just needs to shield the initial payee from the Dubai bank. His residency is Dubai so his profit is tax free and the initial source of funds is shielded.

 

[Spinat]

Correct, The UAE bank do not know what UK LLP do.

how are you going to hide that part? If a UK LLP is hiding UBO as well as shareholders as you claim, then why we have all the discussions here about anonymous companies. So far no of the Gurus mentioned a UK LLP to be totally anonymous!! I think there is some sort of confusion here.

 

[Phil123]

There's no need to be super sophisticated in this case at all.

Standard UK ltd with real ubo/owner and an account with real/high street bank is what you need.

It's important to have good front website with b2b services, BI and others specialised services.

You will be able to receive from and send to money to any company including adult companies and others.

With this setup you will be able to send money to your UAE company and your bank there won't question anything as there will be nothing to suspect.

Im more than one decade in P**N /adult/dating on both sides - affiliate, affiliate program , product owner and solution provider, so sending and receiving money from all sorts of companies and never had a single problem with that or similar setup.

All money we receive from cam sales, become clean is it can be once it leaves our bank.

I cannot stress enough the imoortance of high street bank and well written, formally worded content on the website.

Seriously, there's no need to look for any rocket science here.

 

[JohnLocke]

I wonder if you have been in touch with some of your fellow webmasters around which already sorted all of this out? They may be able to tell you exactly what it is they have done or you may be able to figure it out if you can get a deeper look inside.

Just a few thoughts

 

[CaptK]

how are you going to hide that part? If a UK LLP is hiding UBO as well as shareholders as you claim, then why we have all the discussions here about anonymous companies. So far no of the Gurus mentioned a UK LLP to be totally anonymous!! I think there is some sort of confusion here.

Nominee director.

There's no need to be super sophisticated in this case at all.

Standard UK ltd with real ubo/owner and an account with real/high street bank is what you need.

It's important to have good front website with b2b services, BI and others specialised services.

You will be able to receive from and send to money to any company including adult companies and others.

With this setup you will be able to send money to your UAE company and your bank there won't question anything as there will be nothing to suspect.

Im more than one decade in P**N /adult/dating on both sides - affiliate, affiliate program , product owner and solution provider, so sending and receiving money from all sorts of companies and never had a single problem with that or similar setup.

All money we receive from cam sales, become clean is it can be once it leaves our bank.

I cannot stress enough the imoortance of high street bank and well written, formally worded content on the website.

Seriously, there's no need to look for any rocket science here.

Not an LTD as he is citizenship and tax is UAE just a pass through LLP will suffice.

 

[JohnLocke]

Nominee director.

what you say is that if you appoint a nominee director UBO and shareholder is protected from public view with a UK LLP ?

 

[CaptK]

what you say is that if you appoint a nominee director UBO and shareholder is protected from public view with a UK LLP ?

Exactly.

 

[JohnLocke]

Exactly.

hmmm, it is contradictory to what is written here UK LLP for total anonymity, true?, maybe we can proceed there to avoid to go off topic here.

 

[RoderickUsher344]

Thank you for lot answers!
Things are changed a bit: UAE is not option yet due the Covid I can't fly out for a while. I need a new option. Payout: one USA LLC company can pay me with Swift, bitcoin or paxum (paxum is what I want to avoid for bigger amounts). What structure do you recommend if I want to reduce tax the lowest and make it as simply as possible? Other problem: I need company with bank account urgent and I will have a bank account in Georgia the next week. The critical part is the adult business: I already had a company to receive this money but the bank closed my account in 3 months later and had to withdraw the whole money. Now I looking for a new way and was thinking on many options: UK LTD or LLP with offshore bank account, send it to Georgia but still not clear what to do and try to avoid reporting all of my income to my country in EU.

 

[CaptK]

Thank you for lot answers!
Things are changed a bit: UAE is not option yet due the Covid I can't fly out for a while. I need a new option. Payout: one USA LLC company can pay me with Swift, bitcoin or paxum (paxum is what I want to avoid for bigger amounts). What structure do you recommend if I want to reduce tax the lowest and make it as simply as possible? Other problem: I need company with bank account urgent and I will have a bank account in Georgia the next week. The critical part is the adult business: I already had a company to receive this money but the bank closed my account in 3 months later and had to withdraw the whole money. Now I looking for a new way and was thinking on many options: UK LTD or LLP with offshore bank account, send it to Georgia but still not clear what to do and try to avoid reporting all of my income to my country in EU.

I would suggest looking at this link @Admin posted UK LLP for total anonymity, true?

 

[RoderickUsher344]

I just waiting on their site for live consulting