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Offshore company for privacy (Adult Streaming Biz)

It's a little more costly but you might want to consider using two companies. One is the operating company in a reputable jurisdiction where you can get a merchant account, carry out your activities legally etc; the second is offshore in a low tax jurisdiction. You would shift your profits to the offshore jurisdiction by invoicing for expenses, trademarks or intellectual property, loan arrangements etc to reduce taxes for the operating company.
>You would shift your profits

how this can be legal? isnt BEPS illegal in all developed countries?
 
I don't believe the 2 company structure to work that well any longer, why? Because if the PSP or the card company will get a dispute they will receive information about what the customer has bought and where, so there will no way to hide the activity and the MID will be terminated.
 
I'm not into adult any longer. I left adult cos controlling models was like trying to catch air. Currently into some something else just as controversial.
Did you go with a seychelles / belize business in the end?

Are you still with netbilling? How do you find them?

Why did you change from TW to neat? What do you use neat for? just receiving funds from netbilling? You using them as a business or personal user?
 
Hi, seems you are in adult business as i do, nice to meet you.
Not any more actually, used to promote various adult offers / cam sites with a network of crappy underhand spam sites back when ranking on google wasn't the shitstorm it is now. But still involved in online business that isn't exactly smiled upon and have similar issues to those in the adult business
 
It's an old thread that got reopened, anyway, I was wondering what you guys have found in regards to banking! EMI or Bank Account? if so, where?
 
It's an old thread that got reopened, anyway, I was wondering what you guys have found in regards to banking! EMI or Bank Account? if so, where?

Hi, Mr Admin . I will use Verotel as my payment processor , they are few who accept non Usa /EU resident. And they will provide a Emi account for u (Bit safe) . But they Charge 15.5% at the beginning for fees and another 10% in the first six months for rolling reserve ( they said they will give back to u after six months) . So in thr first six months u will be charged for 25.5%! But they dont charge anything for the refund if u choose this plan. For banking I try swiss CIM
and they rejected even I told them the account is just for saving personal revenue made from porn .I am contacting Flag thoery( offshore banking agent ) , I might choose EuroPacific ( Puerto Rico) as my personal bank account , but still u cant obviously told the bank its for porn . The agent told me I wont be spotted if the sender name had not been recorded by banks that were involved in porn business before , hope its help for you guys!
 
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the solution is: your cyprus company should be owned by a Belize or Seychelles company. The Belize or Seychelles company will ensure that stay anonymous and prevent you from hiring a nominee. Then, your cyprus company or a dutch company (expensive) will allow you to open an account at a high risk payment processor.
That could work very well. But what about the information posted all around here about Seychelles and Belize have a public register of UBO? without nominees how are you going to avoid nominees?
 

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