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Best low tax company for PayPal, TransferWise usd

dotpedal

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Nov 22, 2016
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Hey
Looking for suggestions on where to set up my company. I need PayPal and want to charge my customers in USD and withdraw to a US bank account like transferwise borderless. I also don't want an EU company because of the whole vat nonsense.

Very important for me are:
- TransferWise USD compatibility
- PayPal with no withdrawal fee
- not in EU
- low tax

Options I understand but don't want to do unless necessary are:
Singapore: highish tax
Hong Kong: 2.5% withdrawal fee for usd on PayPal, hard to qualify for offshore exemption
Malta: is Eu, thus has vat
Labuan: my industry / activity does not qualify for the 3% tax
US LLC: scary because most of my customers and suppliers are in USA. Likely would have ECI
Cyprus: already have a Cyprus entity for another business of mine that I could use, but... Is in EU and thus has vat. Also not compatible with TransferWise USD

Do you guys think Singapore is my best option? What do you recommend?
 
Eu companies don't charge vat to us customers, and a non eu company should charge vat for eu customers in the same cases where a EU company charge vat.

Another option is Gibraltar.
 
Eu companies don't charge vat to us customers, and a non eu company should charge vat for eu customers in the same cases where a EU company charge vat.

Another option is Gibraltar.
"Should" but not enforced for small + medium businesses.. nobody in my industry charges Eu customers vat if they aren't Eu companies. and I don't want to be charged vat from suppliers either
 
I’m not an expert, but as far as I know, ECI has nothing to do with where the company is registered.
 
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