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smrgs 01-18-2008 03:41 AM

Need advice for offshore incorporation
 
Hello,

I own adult sites business (no porn). For my business I need the following:
Offshore corporation in Gibraltar with nominee director and shareholder,
bank account in Cyprus and the most important is that I need merchant account.

First I tried to order all services at wsr-corporation.com, I paid all invoices in the middle of October, then send due delligence , but got nothing. Theirs customers support is based on tickets system, so I had to wait answers for a week getting back standard phrases. After 2 months of doing nothing from theirs side I had to contact my bank to issue refund.

I decided to contact licensed company managers at Gibraltar from listfsc.gi/fsclists/listbygroup.asp?Find=5, but all of them say "no" as soon as hear "adult biz".

I know that it's hard to get that staff for adult biz, I even think to 'hide' 'adult' word when contacting them just to say "web based business: design, promotion, programming"

Please, share you mind or assist if you can

Thanks
Best regards
/Nick

brandonstills 01-18-2008 04:24 AM

Why do you want to incorporate offshore? A lot of people think it's a good idea when it has many hidden drawbacks.

smrgs 01-18-2008 04:36 AM

I want to try to get merchant account, I'm not EU or US citizen, so I can't do it in my resident country

polish_aristocrat 01-21-2008 05:01 PM

not only the companies that help you to move offshore, but also the offshore banks may often have a problem with adult business, or even with web business for that matter

good luck though

Nydahl 01-21-2008 05:07 PM

got offshore for like 10 years and its true that it brings some sort of troubles.The most important is the bank - I am not sure that Cyprus is the best choise but its up to you
wish you luck with that

Zango 01-21-2008 09:44 PM

Quote:

Originally Posted by Nydahl (Post 13679216)
got offshore for like 10 years and its true that it brings some sort of troubles.The most important is the bank - I am not sure that Cyprus is the best choise but its up to you
wish you luck with that

What troubles did you have? Because you were adult?

Zango 01-21-2008 09:44 PM

Quote:

Originally Posted by brandonstills (Post 13665585)
A lot of people think it's a good idea when it has many hidden drawbacks.


Such as? If you have a legit biz and it's set up correctly, what drawbacks have you come across?

polish_aristocrat 01-22-2008 04:49 PM

Quote:

Originally Posted by Zango (Post 13680260)
What troubles did you have? Because you were adult?

im also curious

Chariott 01-22-2008 07:20 PM

Some banks don't like when you get wires from ccbill and others, so you have to select your bank carefully.

moneybiz 01-22-2008 07:41 PM

dont seek any advice here.

smrgs 01-23-2008 09:44 AM

Thanks for messages
I know it's not easy, but probably someone could have experience? Please, share it.


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