Bank Account for eCommerce Business

[joshuarex]

That's a question that my customers use to raise to me, the easiest thing you can do is to register a business outside of EU for handling your activity and they transfer funds over to your company - I assume that you have a micro company, the turnover is probably taxed at 15%, which is still very decent and at least you pay some taxes and you'll be more or less in compliance with local authorities.

Yes. I'm thinking of registering a company here in Lithuania (as fast as possible, though) but not "really" showing everything 100%, just not sure how exactly (mainly - due to this VAT thing, as the thread evolved...).

 

[stefand]

To enjoy the benefits of the Andorran bank account and others, you must have passive or active residence and see a lawyer Andorra.
VAT 4.5% - Corporation tax 10% ....