Retain Anonymity (not for tax purpose)

[ananometer]

Hi all,

although I have browsed the forum for the anonymous aspects, there are many different responses related to different purpose for anonymity.

Mine is not about tax, because being resident of switzerland, taxes are not extremes. Also due to what I read about AEOI, most countries for offshore companies will anyway communicate ownership to the residency tax administration, if AEOI member.

I want to retain anonymity because I dont want to have my PII information for my ecommerce (legal) venture, to be shared to the public, to avoid any harassment, reputation harm or diffamation made possible from the public online, although the business is not shady or immoral, but just subject to potentially remote philosophical debate.

-So what would you suggest as countries, and good agents in these, to open an offshore company that will protect my identity from searches and inquiries (other than tax administrations)?

-Secondly, I plan to use paypal and expect it to be the main payment method. To your knowledge, can I register my merchant account without giving my PII information? If not, will Paypal really not disclose my PII information to customers in any cases?

Many Thanks

 

[superman]

Mostly depending on your budget, the poor man solution: incorporate offschore company with bought docs and buy readymade aged paypal account together with payon33r account with debit card.

 

[GrumpyMess]

Mostly depending on your budget, the poor man solution: incorporate offschore company with bought docs and buy readymade aged paypal account together with payon33r account with debit card.

Don't even try this

Secondly, I plan to use paypal and expect it to be the main payment method

If you are going to use paypal you have very limited choice of countries. You can try Cyprus non resident company with non Cyprus director and nominee shareholder to avoid paying tax and receive the desired anonymity. But it's a temporary solution, because sooner or later Cyprus will share UBO to the public.

You can also check for the Canadian Limited Partnership. LP there may be formed by one person being both general and limited partner

Mine is not about tax, because being resident of switzerland, taxes are not extremes

What are taxes in Switzerland? Do you use lump sum taxation?

 

[JohnLocke]

because sooner or later Cyprus will share UBO to the public.

Say who?

 

[ananometer]

@GrumpyMess thanks.
"You can try Cyprus non resident company with non Cyprus director and nominee shareholder" non resident company...so only the nominee shareholder would be resident and PP would have the latter as personal details with proofs of residency?

in swiss tax rate is around 30 %, so that after incurring plenty of costs into result sheet, it certainly can be reduced .

 

[Milky Moon]

Say who?

Says the EU. The 5th directive mandates public registry.

 

[AMD]

@GrumpyMess thanks.
"You can try Cyprus non resident company with non Cyprus director and nominee shareholder" non resident company...so only the nominee shareholder would be resident and PP would have the latter as personal details with proofs of residency?

in swiss tax rate is around 30 %, so that after incurring plenty of costs into result sheet, it certainly can be reduced .

it does not work any longer - Yeah Cyprus seems going same way as the rest of EU soon.

Says the EU. The 5th directive mandates public registry.

any idea when this will be so?

 

[Bmw850]

Guys as i m not a CSP , only an user of this kind of services,correct me if i am wrong
Why to make things so complicate . Create a company in a good juridiction, for example Germany is a very serious juridiction in my business, the big companies are there ( but you can make it where it s good for you )
This company you will create with "nominees" ( i use this word because i m not in the mentor group ) will open bank account , paypal or what you want.
Then make money , and forget the company after few months, depending of the juridiction you have from 2 months to 1 year. ( for me it s the best offshore company because it s 100% keeping privacy for me and for sure 0% taxes since i dont pay nothing )
Then go for it again and again.
I hope it s a way to help you.

 

[Spinat]

Why to make things so complicate . Create a company in a good juridiction, for example Germany is a very serious juridiction in my business, the big companies are there ( but you can make it where it s good for you )

Do you think this will be possible in 2020 ? I think no. What I believe is that you need to make use of the homeless guy in Mexico or similar not alway legal methods like nominee UBO.