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Offshore moneys withdraw from PayPal
 

Hello Sorry for my bad English language :)

I have question. We selling long time car parts on ebay but we borred pay big ebay, paypal and our goverment tax we calculated that from one purchase we have to pay 70% tax for ebay, paypal and our goverment. It is not good to us.

We searching solution how to little cut our tax. So we thinking about opening offshore company.

Our main questions where open offshore company? Maybe something have same experience and can share a information? PayPal working with offshore bank accounts and credit cards? Or there is a other way than offshore company?

Thank you

Re: Offshore moneys withdraw from PayPal
 

got buy sum worms this sounds fishy

Re: Offshore moneys withdraw from PayPal
 

Good old scheme. British LLP + some Caribbean Sea nominal owners + offshore VCCs like I sell to withdraw profits. You still use you Lithuanian company to show low % of profits to go there, and also use that offshore VCC to send most of funds there, and lower your taxes.