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Old 01-18-2008, 03:41 AM   #1
smrgs
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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
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Old 01-18-2008, 04:24 AM   #2
brandonstills
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Why do you want to incorporate offshore? A lot of people think it's a good idea when it has many hidden drawbacks.
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Old 01-18-2008, 04:36 AM   #3
smrgs
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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
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Old 01-21-2008, 05:01 PM   #4
polish_aristocrat
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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
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Old 01-21-2008, 05:07 PM   #5
Nydahl
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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
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Old 01-21-2008, 09:44 PM   #6
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Quote:
Originally Posted by Nydahl View Post
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?
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Old 01-21-2008, 09:44 PM   #7
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Originally Posted by brandonstills View Post
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?
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Old 01-22-2008, 04:49 PM   #8
polish_aristocrat
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What troubles did you have? Because you were adult?
im also curious
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Old 01-22-2008, 07:20 PM   #9
Chariott
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Some banks don't like when you get wires from ccbill and others, so you have to select your bank carefully.
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Old 01-22-2008, 07:41 PM   #10
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dont seek any advice here.
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Old 01-23-2008, 09:44 AM   #11
smrgs
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Thanks for messages
I know it's not easy, but probably someone could have experience? Please, share it.
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