Recent content by alpakiwi

depends on what you do , ping me by DM

Wio is the best

Acclaim and Eximia are both strong corporate service providers in the Isle of Man. Stonewell, on the other hand, is best avoided. Regarding banking, Barclays and Capital International are the main options already mentioned. Additionally, a few EMIs also accept Isle of Man businesses and allow...

Revolut works nicely IMHO

We own different OTC desks, but we don't disclose the names publicly as we don't want this to be searchable as it works smoothly with normal banks.

We have a solution for this, send me DM

Yeah, anyway, the main goal is to avoid the letters, which is why we’re structuring it this way. So I guess the answer is that the location of the payment agent doesn’t really matter

Because large perfume companies often try to intimidate and discourage entrepreneurs who they see as potential competition, fearing a loss of market share.

xxx4rs in TG

I agree! One interesting advantage of setting it up in Cyprus instead of countries like Spain or the UK is that it could make things more challenging when the company receives cease-and-desist letters. There might be fewer lawyers in Europe specializing in representing manufacturers in this...

For truly passive investment returns—without the active involvement required in flipping houses for example, which I don't consider truly passive because they require your time and effort—Private Equity (PE) funds and late-stage, proven VC funds stand out. Between the two, I’d choose Private...

From my perspective—I had a house there for a few years and have many friends living in Andorra. It’s very easy to open a bank account if you have the right introductions. Andorra has a long history of operating as a financial and trade enclave, historically thriving on untaxed money, tobacco...

The business activity is a perfume dupes setup. I really like @CyprusLawyer101 and will most likely engage him for this regardless. However, PayPal fees are significantly higher compared to Spain, Romania, or the Czech Republic. Additionally, Shopify Payments isn’t available, which means card...

We’re setting up a payment agent entity as payment processor for a third party, which is very offshore and won't be easy to transact with. While it’s not gambling or adult or anything scammy, it is considered high risk. I’ve heard that many people use Cyprus for this purpose, but I noticed that...

The major platforms like Kraken do report users. For OTC exchanges, it depends on their specific licenses and jurisdictions. I can recommend an OTC desk with various licenses—some within the EU that technically have reporting obligations but with a lazy MLRO that sometimes forgets to report...