Best country to establish the company in?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • sloppyjohn
    Registered User
    • Oct 2012
    • 2
    #1

    Best country to establish the company in?

    Many parameters to consider, a tax haven for example has significant benefits, however in some of them adult industries are not allowed, in others it would be hard to process EU credit cards.
    Popular contries for adult companies are Cyprus, Germany and the US, howevery, where would be the optimal spot?
    Tags: None
    • LamboSV
      Confirmed User
      • Oct 2003
      • 205
      #2
      I think Cyprus as it seems to be the hotspot for most adult companies. Very low tax rate

        Comment

        • avrevenue
          Confirmed User
          • Apr 2004
          • 1904
          #3
          Cyprus is a very good solution. I know some good lawyer if you need one.
          AV Revenue High Quality Sites to Promote
          Telegram: avrevenue

            Comment

            • MaDalton
              I am Amazing Content!
              • Feb 2004
              • 39861
              #4
              in case you speak german: http://www.zypern-kanzlei.com/
              AmazingContent.com - providing only the best content and service since 2003
              Monetize your content on Veegaz.com - one of Germanies largest VOD sites
              Got German traffic? We convert it into money for you!
              Email: oltecconsult [at] gmail [dot] com

                Comment

                • Chosen
                  VIPPay.com | AdultWebSponsors.com
                  • Aug 2001
                  • 63151
                  #5
                  Welcome to GFY

                    Comment

                    • USA
                      Adult Pimp
                      • Feb 2005
                      • 2086
                      #6
                      Originally posted by LamboSV
                      I think Cyprus as it seems to be the hotspot for most adult companies. Very low tax rate
                      I agree
                      icq:
                      270894060 ( for Affiliate Managers )
                      or
                      600048 ( for Adult Firms )

                        Comment

                        • sloppyjohn
                          Registered User
                          • Oct 2012
                          • 2
                          #7
                          Thanks
                          Cyprus is indeed a nice option, trying to find out if there is a better site, see below criteria.
                          However, we are able to benefit from lower tax rates (inter-company planning) and not having to manage books (in some tax havens) is a nice bonus.
                          Big picture plan is to start a webcam site, eventually moving on from a white-label to standalone and doing payment processing, support, etc.

                          Do you (all?) still vote Cyprus?

                            Comment

                            • Presnus
                              Confirmed User
                              • May 2011
                              • 1087
                              #8
                              Definitely not Belgium.

                                Comment

                                • freecartoonporn
                                  Confirmed User
                                  • Jan 2012
                                  • 7683
                                  #9
                                  barbados
                                  SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

                                    Comment

                                    • sperbonzo
                                      I'd rather be on my boat.
                                      • May 2003
                                      • 9750
                                      #10
                                      Panama is another good option, and you can still keep a "briefcase corp" in the UK in order to process in the EU without facing any tax liabilities by simply moving your funds to the Panama corp every day and showing no profits for the UK corp.



                                      .




                                      .
                                      Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                      [email protected] / http://Acellafinancial.com/

                                      ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                                        Comment

                                        • BradBreakfast
                                          Confirmed User
                                          • Feb 2008
                                          • 415
                                          #11
                                          I've been wondering this too, I was looking at all the DMCA agent filings for all the major tubes and they all seem to be out of Hong Kong... what's up with that? Hong Kong's tax rate from what I read is only 16.50%. I don't mind paying that.

                                          How is Cyprus better? I hear the tax rate there is 4.25% but they don't allow bearer share corporations.

                                          Thank you.
                                          Last edited by BradBreakfast; 10-16-2012, 02:10 PM.
                                          GetClicky - The World's Most Advanced Real Time Ajax-based Analytics

                                            Comment

                                            • sperbonzo
                                              I'd rather be on my boat.
                                              • May 2003
                                              • 9750
                                              #12
                                              Originally posted by BradBreakfast
                                              I've been wondering this too, I was looking at all the DMCA agent filings for all the major tubes and they all seem to be out of Hong Kong... what's up with that? Hong Kong's tax rate from what I read is only 16.50% which sounds like a lot but that's only $1650 for ever $1 million. I don't mind paying that.
                                              Actually, that's $165,000 out of every Million, not $1,650.

                                              BUT that only applies to revenues produced from business carried on INSIDE of Hong Kong.


                                              Just like Panama, there is no tax on foreign-sourced revenues in Hong Kong. I.E. if your money is produced from commerce occurring outside of the country, e.g. through a merchant account in the EU for internet related business, then you pay no corporate taxes when you sweep the revenues into your Hong Kong or Panamanian corp.


                                              HOWEVER, be advised that if you are a US citizen, then simply living outside the US will not give you any protection from US personal income tax obligations on any income over 85k per year.




                                              .



                                              .
                                              Last edited by sperbonzo; 10-16-2012, 02:17 PM.
                                              Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                              [email protected] / http://Acellafinancial.com/

                                              ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                                                Comment

                                                • itto
                                                  Confirmed User
                                                  • Jul 2006
                                                  • 1363
                                                  #13
                                                  St. Kitts and Nevis



                                                  .

                                                    Comment

                                                    • Barry-xlovecam
                                                      It's 42
                                                      • Jun 2010
                                                      • 18083
                                                      #14
                                                      Consult with a local tax attorney and/or a CPA. It's a major move and needs to be done right. If you live in the USA you are liable for taxes on your income repatriated here and some or all of your foreign earnings.

                                                      Don't make decisions based on board advise ...

                                                      FATCA
                                                      http://www.irs.gov/Businesses/Corpor...ct-%28FATCA%29

                                                      FBAR
                                                      http://www.irs.gov/Businesses/Small-...nts-%28FBAR%29

                                                        Comment

                                                        • Startzone
                                                          Confirmed User
                                                          • Dec 2006
                                                          • 1063
                                                          #15
                                                          Seychellen, set up a new company there this year, with bankaccount :-)

                                                          Cyprus is a big problem ;-)
                                                          Check this...... Gammae.com & DDF Cash & FetishWealth

                                                            Comment

                                                            • Leif Robert
                                                              Registered User
                                                              • Oct 2012
                                                              • 40
                                                              #16
                                                              We use Belize...has been great so far.

                                                                Comment

                                                                • VforVendetta
                                                                  Confirmed User
                                                                  • Mar 2006
                                                                  • 2525
                                                                  #17
                                                                  Originally posted by Startzone
                                                                  Seychellen, set up a new company there this year, with bankaccount :-)

                                                                  Cyprus is a big problem ;-)

                                                                  which problems have cyprus ?
                                                                  Free the world

                                                                    Comment

                                                                    • Startzone
                                                                      Confirmed User
                                                                      • Dec 2006
                                                                      • 1063
                                                                      #18
                                                                      Banks are a problem in Cyprus!
                                                                      Check this...... Gammae.com & DDF Cash & FetishWealth

                                                                        Comment

                                                                        Previous template Next
                                                                        Working...