UK offshore company for adult business? - GoFuckYourself.com

Commarmond · 12-21-2011, 01:21 PM

Hello everyone?
Does anybody know if UK offshore companies are okay for running adult websites today?
I heard there were some troubles with EU offshore companies and adult industry... Dispel my fears.
Thank in advance!

Nydahl · 12-21-2011, 03:02 PM

leave the idea - I had some contruction (Uk based company owned by offshore ) and also run offshore for years - lot of troubles + no actual profit

TACNet · 12-21-2011, 03:11 PM

We looked into this a while back from a tax point of view but theyve clamped down a lot on UK residents registering their companies in the EU

Basically we were told that we were liable for UK VAT for any sales to European based users even if our biz was registered elsewhere in the EU

With regards to adult, its pretty much standardised laws accross the EU now

Commarmond · 12-22-2011, 02:46 AM

And where would you recommend to register an offshore company for adult nowadays then?

klinton · 12-22-2011, 04:30 AM

bump.........

princewebx · 12-29-2011, 04:10 AM

Cyprus my friend. 10% income tax

cooldude7 · 12-29-2011, 04:26 AM

what ^^ said

Oracle Porn · 12-29-2011, 05:06 AM

Cyrpus if it was 1998
in 2012, maybe Bermuda, maybe Panama.

BIGTYMER · 12-29-2011, 05:12 AM

Hong Kong

asianseekerz · 12-29-2011, 11:07 AM

this is was cool

Sid70 · 12-29-2011, 11:30 AM

St Kitts, Seysheles.

a.miles · 12-30-2011, 10:56 AM

Saint Vincent and the Grenadines (SVG)

247mg · 12-30-2011, 11:18 AM

I recommend: Belize

V_RocKs · 12-30-2011, 01:41 PM

Russia...

TACNet · 12-30-2011, 03:58 PM

Forget anywhere in the EU if you are based in the UK

There may still be a few safe havens but they are apparently being closed down fast.

You might just aswell register in the UK

sperbonzo · 12-30-2011, 04:16 PM

If you based in the elsewhere, e.g. The US, then being incorporated in the UK can make sense in order to be in compliance with cross border acquiring regulations and do your processing with an EU bank. On the other hand if you are based in the UK to start with then Panama makes sense. However, if you are processing through an EU bank then you will need to retain your UK entity and then sweep the funds to your Panamanian entity as the Ultimate Benificial Owner.

In any event, if you reside in the UK and bring funds into the country to spend them, you will be liable for taxes owing on them. The only way to truly avoid, (not evade), your tax exposure is to change your residence to another country with a lower tax rate for externally earned revenues.

.

epitome · 12-30-2011, 04:21 PM

Quote:

Originally Posted by sperbonzo

If you based in the elsewhere, e.g. The US, then being incorporated in the UK can make sense in order to be in compliance with cross border acquiring regulations and do your processing with an EU bank. On the other hand if you are based in the UK to start with then Panama makes sense. However, if you are processing through an EU bank then you will need to retain your UK entity and then sweep the funds to your Panamanian entity as the Ultimate Benificial Owner.

In any event, if you reside in the UK and bring funds into the country to spend them, you will be liable for taxes owing on them. The only way to truly avoid, (not evade), your tax exposure is to change your residence to another country with a lower tax rate for externally earned revenues.

.

How come so many people fail to realize you can organize anywhere but you're still paying income taxes where you live?

Eyeball · 12-30-2011, 05:10 PM

Quote:

Originally Posted by sperbonzo

If you based in the elsewhere, e.g. The US, then being incorporated in the UK can make sense in order to be in compliance with cross border acquiring regulations and do your processing with an EU bank. On the other hand if you are based in the UK to start with then Panama makes sense. However, if you are processing through an EU bank then you will need to retain your UK entity and then sweep the funds to your Panamanian entity as the Ultimate Benificial Owner.

In any event, if you reside in the UK and bring funds into the country to spend them, you will be liable for taxes owing on them. The only way to truly avoid, (not evade), your tax exposure is to change your residence to another country with a lower tax rate for externally earned revenues.

.

A paxum account won't cut it then

Sid70 · 12-30-2011, 05:16 PM

Btw, new tax heaven is Georgia

SASCH · 12-30-2011, 05:17 PM

This thread is now being monitored by MI6.

12-21-2011, 01:21 PM	#1
Commarmond Confirmed User Join Date: Feb 2010 Posts: 165	UK offshore company for adult business? Hello everyone? Does anybody know if UK offshore companies are okay for running adult websites today? I heard there were some troubles with EU offshore companies and adult industry... Dispel my fears. Thank in advance!

12-21-2011, 03:02 PM	#2
Nydahl Confirmed User Join Date: Sep 2002 Location: closer then it appears Posts: 6,655	leave the idea - I had some contruction (Uk based company owned by offshore ) and also run offshore for years - lot of troubles + no actual profit __________________ www.garciniatrio.com www.acaitrio.com www.greencoffeetrio.com ICQ 153918034 email [email protected]

12-21-2011, 03:11 PM	#3
TACNet Confirmed User Industry Role: Join Date: Jan 2009 Posts: 452	We looked into this a while back from a tax point of view but theyve clamped down a lot on UK residents registering their companies in the EU Basically we were told that we were liable for UK VAT for any sales to European based users even if our biz was registered elsewhere in the EU With regards to adult, its pretty much standardised laws accross the EU now __________________ TAC Amateurs - The World's LARGEST Amateur Porn Network

12-29-2011, 05:06 AM	#8
Oracle Porn Affiliate Industry Role: Join Date: Oct 2002 Location: Icq: 94-399-723 Posts: 24,433	Cyrpus if it was 1998 in 2012, maybe Bermuda, maybe Panama. __________________

12-29-2011, 11:07 AM	#10
asianseekerz Confirmed User Join Date: Aug 2008 Posts: 1,609	this is was cool __________________ LUSTY LIFES : Dad & Daughter Wild Adventures : Naughty Wild Sister Contact : ICQ : 372109 Email add: [email protected]

12-22-2011, 02:46 AM	#4
Commarmond Confirmed User Join Date: Feb 2010 Posts: 165	And where would you recommend to register an offshore company for adult nowadays then?

12-22-2011, 04:30 AM	#5
klinton So Fucking Banned Industry Role: Join Date: Apr 2003 Location: online Posts: 8,766	bump.........

12-29-2011, 04:10 AM	#6
princewebx Registered User Industry Role: Join Date: Dec 2011 Location: Nicosia, Cyprus Posts: 4	Cyprus my friend. 10% income tax

12-29-2011, 04:26 AM	#7
cooldude7 Confirmed User Industry Role: Join Date: Nov 2009 Location: Heaven Posts: 4,306	what ^^ said

12-29-2011, 05:12 AM	#9
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Hong Kong

12-29-2011, 11:30 AM	#11
Sid70 Downshifter Industry Role: Join Date: Dec 2002 Location: Road trip Posts: 16,413	St Kitts, Seysheles. __________________ Русня, идите нахуй!

12-30-2011, 10:56 AM	#12
a.miles Confirmed User Industry Role: Join Date: Feb 2011 Posts: 114	Saint Vincent and the Grenadines (SVG)

12-30-2011, 11:18 AM	#13
247mg Yellowplum / 247mg Industry Role: Join Date: Feb 2008 Location: Nicosia, CY Posts: 2,162	I recommend: Belize __________________ 247mg.com - Indian Affiliate Program - Over 50+ Sites To Promote - Monetize Your INDIAN Traffic Today!

12-30-2011, 01:41 PM	#14
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	Russia...

12-30-2011, 03:58 PM	#15
TACNet Confirmed User Industry Role: Join Date: Jan 2009 Posts: 452	Forget anywhere in the EU if you are based in the UK There may still be a few safe havens but they are apparently being closed down fast. You might just aswell register in the UK __________________ TAC Amateurs - The World's LARGEST Amateur Porn Network

12-30-2011, 04:16 PM	#16
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	If you based in the elsewhere, e.g. The US, then being incorporated in the UK can make sense in order to be in compliance with cross border acquiring regulations and do your processing with an EU bank. On the other hand if you are based in the UK to start with then Panama makes sense. However, if you are processing through an EU bank then you will need to retain your UK entity and then sweep the funds to your Panamanian entity as the Ultimate Benificial Owner. In any event, if you reside in the UK and bring funds into the country to spend them, you will be liable for taxes owing on them. The only way to truly avoid, (not evade), your tax exposure is to change your residence to another country with a lower tax rate for externally earned revenues. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

12-30-2011, 05:16 PM	#19
Sid70 Downshifter Industry Role: Join Date: Dec 2002 Location: Road trip Posts: 16,413	Btw, new tax heaven is Georgia __________________ Русня, идите нахуй!

12-30-2011, 05:17 PM	#20
SASCH Confirmed User Industry Role: Join Date: Jul 2011 Posts: 107	This thread is now being monitored by MI6.