Company SETUP

pendulaa · May 3, 2021

Hey guys,

Do you maybe know where to open a company for my DROPSHIPPING Business, given i live in a third world country?

perrymason · May 4, 2021

probably your country has less burocracy and taxes so go for it unless you're making real money and want to go to a tax free place.

pendulaa · May 4, 2021

perrymason said:
probably your country has less burocracy and taxes so go for it unless you're making real money and want to go to a tax free place.

I need a tax heaven literally....heard something about Cyprus and UAE but if someone here knows better feel free to jump in

Robinhood1234 · May 6, 2021

pendulaa said:
Hey guys,

Do you maybe know where to open a company for my DROPSHIPPING Business, given i live in a third world country?

You can open an LTD company from UK (cheap to open). I also opened one as I also live in a third world country by using this you can have access to payment processors paypal etc

sony1 · May 6, 2021

You can also open a company LLC in USA, and you'll have access to Paypal, Stripe, etc plus you'll get your own bank account with debit cards, and can also have US phone number and address. The process is very simple and doesn't cost much.

Extruser · May 6, 2021

sony1 said:
You can also open a company LLC in USA, and you'll have access to Paypal, Stripe, etc plus you'll get your own bank account with debit cards, and can also have US phone number and address. The process is very simple and doesn't cost much.

Yes, it's simple and doesn't cost much, but no one ever talks about how you arrange things afterwards to be (stay) in order with everything. Very important!

pendulaa · May 7, 2021

Thanks for the suggestion's guys
Appreciate

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