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Help offshore company+bank+paypal

Discussion in 'Business & Tax Advice' started by dannydonowitz, May 5, 2016.

  1. dannydonowitz

    dannydonowitz Newbie

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    hello everyone.

    I get paid on paypal, in addition I invest in forex and necessarily I have to go through my european bank when I withdraw to comply with broker's rules. Now I wanna hide these incomes to the tax agency (even though I live abroad most of the year) so I want to Incorporate a SA in Panama bound to an offshore bank account. I will actually go to Panama so I just wanna know if Paypal still can be used to send money to the new offshore bank account or not.

    Thank you
     
  2. dannydonowitz

    dannydonowitz Newbie

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    sorry if the message looks written by a 4 years old kid but I didn't know what to delete since there was an automatic warning of spam, so i cut some bits of the full message
     
  3. Anonymously

    Anonymously Jr. VIP Jr. VIP

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    You can add a secondary bank account to your current PayPal account and withdraw to there. As far as I know, PayPal cooperates with Panama.