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plotoffshore

Corporate Services
Business Angel
We have our own affiliate business / APP development company where we have our affiliate program for people to promote our apps.


Are we required to pay tax and issue invoices when we pay commissions to the affiliate?
 

James Spader

Forum Moderator
Staff member
Elite Member
No problems at all, if comission are paid only, there may be no tax to be paid, however, it would require a look into a detailed business model.
 

James Spader

Forum Moderator
Staff member
Elite Member
Can we send the business description to you for review before we proceed?
Yes you can just send it to us no problem at all, you can submit your request here More... and we will be more than happy to let you know.
 

James Spader

Forum Moderator
Staff member
Elite Member
You may aproach each affiliate program to ensure they accept Seychelles offshore companies. Most often the bank account is not a problem, but if you need almost anonymous banking and a high level of privacy, then a Cyprus based bank account will be the best in your situation. Also the majority of affiliate programs don't care about where to transfer the money then a Cyprus bank account will not at all make any troubles in any's eyes.
 

plotoffshore

Corporate Services
Business Angel
Thank you Im doing so now.. it's a big task to get through all the affiliate programs and their companies to get answers.. lot's of questions they ask..
 

James Spader

Forum Moderator
Staff member
Elite Member
Do you mind to share the list? or just point some in the right direction to what to look at when one try to find an affiliate program that accept offshore companies with offshore bank accounts?
 

plotoffshore

Corporate Services
Business Angel
How far are you with that list buka? I'm looking to start setting up all my companies now. Some will doing only affiliate business and some will do these financial investment business as discussed in another thread!
 

Spinat

Corporate Services
Mentor Group Gold
Elite Member
As for many other business activity a Cyprus or BVI company will have everything pretty much covered what you are looking for! It's going to be difficult for Seychelles, Hong Kong, Panama and so on companies to apply for an affiliate account. That's general speaking and apply not for all affiliate programs!
 

Spinat

Corporate Services
Mentor Group Gold
Elite Member
Thanks for sharing your opinion. I'm so excited to get my company setup in BVI and Cyprus that I study this forum so much in all details.
yeah I remember for years back the feeling when I placed my order for a Belize company I couldn't wait getting the docs and get started :cool:
 

protain

Offshore Agent
Same here.. I think when one decided to move forward and placed your order for a company formation then it's because your ready to start your business better today than tomorrow :)
 

blowfish

Corporate Services
Business Angel
We have our own affiliate business / APP development company where we have our affiliate program for people to promote our apps.
Are we required to pay tax and issue invoices when we pay commissions to the affiliate?
Do you had success with your business? how did you promote your affiliate program to get webmasters on it please?
 

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