whats the best set up for an adult business (P**N website)

[ABc11]

what is the best set up for my situation i am a US person with an adult legal website and receive payments from ad companies , i am not trying to avoid paying taxes . i noticed that some adult companies are incorporated in BVI ,Cyprus and Seychelles . i am looking for a n actual bank account for corp and personal .

 

[ultrarekt]

Belize for price and simplicity (no accounting). Just call the banks in belize first and ask them if they do accept your industry. Otherwise you can still incorporate there and then open accounts with e-money institutions. Call your company something legit like ABc11 Ventures or something, don't make the name P**N related. Should be good to go I believe. Just make sure you use nominees when incorporating to hide your name (even if its not for tax purposes).

Seychelles also works really well from what I see. Even the biggest cryptocurrency exchange (BitMEX) is incorporated there. And incorp cost is also low'ish

Cyprus corp is a little bit on the expensive side, both on corp costs and accounting/auditing.

 

[JohnLocke]

Well you will need to use an EMI that supports Adult business! most banks if not all will reject your application as soon as they read about what business you are into!

Otherwise you will need to make a cover website and business to hide your real activity! This is what many are doing but it's risky!