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LTD Jurisdiction for PayPal

Discussion in 'Business & Tax Advice' started by lancis, May 16, 2012.

  1. lancis

    lancis Elite Member

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    Hey guys,

    Anyone has experience with offshore LTDs that process payments thru PayPal?
    E.q. if I set a company in BVI, for example, PayPal will mind, right?

    I'm looking for something with zero tax, or low tax that is fine by PayPay. Anything you can suggest?

    Cheers,
     
  2. lancis

    lancis Elite Member

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    Bump. Anybody?
     
  3. EliteIM

    EliteIM Junior Member

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    hope some one helps
     
  4. oxonbeef

    oxonbeef BANNED BANNED

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    Take your pick.
    http://www.shaolins.com/encyclopedia/paypalcountries.htm
    Nothing wrong with BVI.
     
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  5. lancis

    lancis Elite Member

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  6. small_town_boy

    small_town_boy Power Member

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    PayPal does not like offshores. You will have problems with paypal if you are trying to register an offshore corporate account with them.
     
  7. Roparadise

    Roparadise BANNED BANNED

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    https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside

    Paypal only allows you to send money to other paypal users if you have BVI registered account
     
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  8. lancis

    lancis Elite Member

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    Thats my experience with MB, I hoped to avoid the same with PayPal.

    Aw, thats a bummer, and Seychelles can withdraw only to debit/credit card...
     
  9. Roparadise

    Roparadise BANNED BANNED

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    Ireland and switzerland are the best places it seems to set up a company for paypal use. They both have low corporate tax rates.
     
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  10. shaddelick

    shaddelick Regular Member

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    Aren't there places that are tax exempt if the business isnt generating the money on there home soil? ex. the bank account and company or registered offshore, but the money is coming from USA/England = no tax... I am pretty sure there are some of those
     
    Last edited: May 23, 2012
  11. sidnettwo

    sidnettwo Junior Member

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    Sounds like Gibraltar.
     
  12. shaddelick

    shaddelick Regular Member

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    I think other places also, like Nevis
     
  13. carlosaacevedo

    carlosaacevedo Newbie

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    Try to get PayPal United Arab Emirates then. No tax at UAE or maybe make some stealth Paypal Account.
     
  14. Roparadise

    Roparadise BANNED BANNED

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    Currently,you can only put the money from a UAE paypal account into a U.S. bank account or debit card.