Guys, I read more often that people seeking solution to setup a PayPal account for their business. Most often I read they try to do that for a Belize or Seychelles company and fail!
I assume such people are on a low budget and that's why they can't get their business work as they want!
What I don't understand is that people with sufficient money suffer to setup a solution in Cyprus! They claim it's impossible or they get declined. So here is my road map through this jungle!
First I collected Cyprus darks, real ones! If you want to discuss this part do it in the Mentor Group if you don't have access by it or forget about it, don't start PM me about this crap.
I then got a working Cyprus phone number a SIM card I ordered, took some time to figure out where to get it but finally found it without issues. This costed me only a few hundred, I think I can get it much cheaper next time but never mind.
So I proceeded ti an Cyprus agent to get my company setup, I completed a few forms and supplied him with information as usual i.e. names and business description and such stuff, easy peasy..
waiting.... 14 days later or so (didn't really care) the company was ready and they informed me we can proceed to the bank account opening with one of the major banks in Cyprus! it took some time to get to this part, the agent was slow, I offered him a few hundred more to speed up the process and suprisingly it helped
I got my interview with the bank. I showed them my simple furniture website and told them I had a monthly turnover of 50K EURO they asked a few personal questions and of course how long I have been in business and similar stuff.
A few days after I got the allocation letter for the bank account, remember, this is opened with darks prepared for my special use
Now I headed over to the PayPal webpage from my Cyprus VPS! Signed up, they didn't approved the account at first, I called them and told them I wasn't speaking native Greek so we had to take it in English, they asked me to provide them with a letter that confirm that I'm allowed to open the account on behalf of the Cyprus company. Funny part, I just wrote this letter signed 2 times by me, the "dark man" and they were satisfied.
Mission accomplished, I have a working setup now.
The same is possible with 2co which also approved my business yesterday!
Again, why people suffer to get this done?
I assume such people are on a low budget and that's why they can't get their business work as they want!
What I don't understand is that people with sufficient money suffer to setup a solution in Cyprus! They claim it's impossible or they get declined. So here is my road map through this jungle!
First I collected Cyprus darks, real ones! If you want to discuss this part do it in the Mentor Group if you don't have access by it or forget about it, don't start PM me about this crap.
I then got a working Cyprus phone number a SIM card I ordered, took some time to figure out where to get it but finally found it without issues. This costed me only a few hundred, I think I can get it much cheaper next time but never mind.
So I proceeded ti an Cyprus agent to get my company setup, I completed a few forms and supplied him with information as usual i.e. names and business description and such stuff, easy peasy..
waiting.... 14 days later or so (didn't really care) the company was ready and they informed me we can proceed to the bank account opening with one of the major banks in Cyprus! it took some time to get to this part, the agent was slow, I offered him a few hundred more to speed up the process and suprisingly it helped
I got my interview with the bank. I showed them my simple furniture website and told them I had a monthly turnover of 50K EURO they asked a few personal questions and of course how long I have been in business and similar stuff. A few days after I got the allocation letter for the bank account, remember, this is opened with darks prepared for my special use
Now I headed over to the PayPal webpage from my Cyprus VPS! Signed up, they didn't approved the account at first, I called them and told them I wasn't speaking native Greek so we had to take it in English, they asked me to provide them with a letter that confirm that I'm allowed to open the account on behalf of the Cyprus company. Funny part, I just wrote this letter signed 2 times by me, the "dark man" and they were satisfied.
Mission accomplished, I have a working setup now.
The same is possible with 2co which also approved my business yesterday!
Again, why people suffer to get this done?
