We offer the following service:

• Offshore incorporation
  A country you choose to register your business will define the following working with your business.
  Offshore area is a country or a separated trading zone in the territory of some countries which has a privileged or zero taxation.
  More about Offshore incorporation
• Merchant accounts
  There are special bank accounts given to sellers of various products and services to accept credit card charges. In our case we consider merchant accounts used to accept credit cards payments via the Internet.
  Merchant accounts registration is our service specialization. Our personnel has great experience in this sphere and know the specific character of it. More about merchant account
  More about Merchant accounts
• Bank accounts
  You can receive an answer “how much” immediately or ask for consultation.
  More about bank accounts
• Prices
  The country you choose to register your business will define the following working with your business.
  More about prices
• Guarantees and advantages
  Why can you trust our company? Why is it worth to work with us? You can read about it on our site.
  More about Guarantees and advantages

Offshore and other jurisdiction

A country you choose to register your business will define the following working with your business. Offshore area is a country or a separated trading zone in the territory of some countries which has a privileged or zero taxation.

Offshore zone with zero taxation

Offshore area with zero taxation also called full offshore area. A great example of full offshore zone is British Virgin Islands (BVI), Panama and Seychelles. In BVI it is necessary to pay only small annual payment for company registration or its prolongation.

Offshore with privileged taxation

Offshore with privileged taxation or partial offshore. The area of partial offshore is Cyprus, Great Britain and some other countries. Cyprus was excluded by Russian Federation from the list of offshore zones in the beginning of 2009 because it agreed to provide account owners’ details if Russia requires them. Cyprus and Britain have profit tax, it is 10% in Cyprus and 20%-30% in Britain depending the type of business. Actually it is quite easy to draw up the balance to zero for non-resident. That is why Cyprian and British companies are so desirable in the market.

Other jurisdiction

The choice of jurisdiction depends on many factors. If you just want to keep your money on your account and make payments to your partners you can choose almost every Cyprian or Baltic bank. If you want to accept payments on an account from your merchant account you need more serious working out. For instance, Visa has a rule that European account can be opened only on the name of a resident of European Union who has an account in euro region or in the country of opening an account (depending on bank requires). In this case you have to think up the scheme of work in a country of European Union and take into consideration all restrictions. If you have questions concerning opening an account abroad, please, do not hesitate to contact us and we will help you to find a better for your situation and appropriate variant. A country you choose to register your business will define the following working with your business.
Offshore area is a country or a separated trading zone in the territory of some countries which has a privileged or zero taxation.
Offshore area with zero taxation also called full offshore area. A great example of full offshore zone is British Virgin Islands (BVI), Panama and Seychelles. In BVI it is necessary to pay only small annual payment for company registration or its prolongation. There is not any tax for non-residents or those who run their business outside the country.

Offshore with privileged taxation

Offshore with privileged taxation or partial offshore. Countries: Cyprus, Great Britain and some others. These countries are not typical offshore area. Cyprus was excluded by Russian Federation from the list of offshore zones in the beginning of 2009 because it agreed to provide account owners’ details if Russia requires them. Cyprus and Britain have profit tax, it is 10% in Cyprus and 20%-30% in Britain depending the type of business. Actually it is quite easy to draw up the balance to zero for non-resident. That is why Cyprian and British companies are so desirable in the market.

United States.

USA is very attractive for business and at the same time quite complicated jurisdiction for opening a company. On the one hand it is easy to open a company in US. States Oregon and Delawere have more favourable terms for registration of a company to run a non-resident’s business. The cost is quite small and the registration procedure is easy to do. It is necessary to know that USA is not an offshore area in itself. Taxes in one way or other must be payed. Howebver if you open LLC and type of incorporation is partnership you pay not company income tax, but partners (individual people) income tax. As long as individual people are non-residents they don’t have to pay taxes in USA. All these work only till you decided to start a business in United States, after that you have to make full taxes payment. Speaking about a business in US, in our case Internet business, we mean opening a bank account and a merchant account in USA, as American merchants can receive money only on American accounts. It needs great efforts to open an account in an American bank. Most American banks open accounts only with personal presence.

Other jurisdiction

The choice of jurisdiction depends on many factors. If you just want to keep your money on your account and make payments to your partners you can choose almost every Cyprian or Baltic bank. If you want to accept payments on an account from your merchant account you need more serious working out. For instance, Visa has a rule that European account can be opened only on the name of a resident of European Union who has an account in euro region or in the country of opening an account (depending on bank requires). In this case you have to think up the scheme of work in a country of European Union and take into consideration all restrictions.

If you have any questions concerning opening a company abroad, please, do not hesitate to contact us and will help you to choose the better and more appropriate for you variant.

Merchant accounts: what, why, how much?

Merchant or merchant account is an account of seller.

Exactly, it is a special bank account given to product and service sellers to accept payments via credit cards. In our case we take into consideration only merchant accounts used to accept cards via the Internet.

You must know: all payments via plastic cards are made only through merchant account.

There are two types of merchant accounts. The first is personal merchant account opened by seller (merchant) for his\her needs and used to accept payments only from his\her site(s). Besides, there are also aggregative merchant account which can be used by many sellers with their sites.

You must know: any way a bank providing a merchant account requires full package of necessary documents from a real owner of an internet-shop or service who makes selling from the site.

Aggregative merchant account let its owner organize personal processing centre or as it is also called “billing”. In this case account owner is an agent between final merchants and the bank. A part of risks in this case goes to final seller and the other part to the owner of aggregative merchant account. Naturally the owner of the account takes an extra commission for the using of account. Sometimes even bigger commission than bank takes. The great example of aggregative merchant account is billing www.ccbill.com

It is quite hard often to get a personal merchant account (see more information below), but it is almost impossible to get aggregative merchant account for average Internet seller.

One example for you: it is necessary to have a security deposit amount of $500.000 and more (depending on business type) to open an aggregative merchant account in one of European bank. Besides, as a rule a banks do not open a merchant account for companies and organizations with which they have just started working. Sometimes you have to work with bank months or ever many years to make a bank provide you with such account. The position of the bank in this case is quite clear. Opening an aggregative merchant account the bank gives you a right to transact big some of money, that sometimes used for illegal operation with cards and gives a chance to make third people to be guilt (final merchants). That is why banks are very attentive in opening aggregative merchant account.

In the case of personal merchant account a final seller concludes a treaty with a bank and payment gateway.

Firstly we define what “payment gateway” means. Payment gateway is a company that organizes technical support and agreement of the bank and seller’s site work. As a rule it is a separate company appointed by the bank for merchant accounts’ technical support. This activity requires a special certification (PCI). The bank realizes all in-bank operations itself, these operations are not made via the Internet, so the bank needs payment gateway services for cooperative operaion between bank and Internet networks. This payment gateway company provides merchant account technical support, gives necessary data for connection (sometimes scripts), provides selling statistic in web interface. A great example of such company is www.Authorize.net, a largest payment gateway in USA and world.

To open a personal merchant account you need:

1. Find a bank which agrees to work with you and your project. The most important in this case to choose the right and most appropriate jurisdiction. Banks have to follow their country law working with merchant accounts. For instance, you can not open a merchant account for Adult business if this kind of business is prohibited by the law of the country.

2. You should prepare all needed documents and provide a bank with them. Besides, take in account that the bank can require some extra documents while opening an account for you. However the fact that you have provided the bank with all necessary documents does not guarantee that the bank would open a merchant account for you and let you work with it. In some cases banks take «Review fee» before starting work with you, it is a payment for reviewing your documents. It can be $500-700 and you will not receive this money back in case of refusal.

You must know: A merchant account will be closed with unpleasant financial problems for an account owner if this personal merchant account is used by third party, on unregistered by the bank websites or if it is used for selling products or services which were not listed when account was being opened.

Suppose that all your documents and website was accepted by the bank ant it opened a merchant account on your name. You receive all necessary accesses to gateway interface and can start programming your payment form. Payment form is the main advantage of being a merchant account owner. First of all, you can change it design whenever you want, make it unique and more attractive for clients. Secondly, you can indicate any price combination you want on your site, offer season sales for your clients and activate many other useful options. The most important advantage is that you have higher protection level than using somebody’s aggregative merchant account.

Let us give you some examples of benefits of being a merchant account owner. Using somebody’s account you never can be sure that you can trust its owner. Of course, there are such billings as Ccbill.com which has a good reputation and you can be sure that this billing will not close your account without any reason or take your money. Having good reputation such billings are very serious in choosing clients. For example, one of your competitors organizes a spam mailing from your site, in 99% Ccbill.com will close your account, because it is serious violation of its rules. Thus even if your business would not be closed it would be quite hard to open a new account as all owners of closed accounts are being inscribed in black list.

You must know: A buyer wins in conflict with a merchant in 99% of cases. In other words, the rule “the customer is always right” is the main principle in case of credit card payment via the Internet. If a client does not like your product he can return his money back.

If you are a personal merchant account owner you receive all complains on your hosting; bank is “closed” from somebody else by your personal payment form.

Of course, we can talk a lot about merchant accounts: about different banks and jurisdiction specificities, about different kinds of business and payment systems (Visa, MasterCard, Amex, DinersClub). It is impossible to tell about all merchant account work peculiarities in one short brief. However, we hope we gave you an idea what is a merchant account and how it can be useful for you.

Our company has a 8 year experience in opening merchant accounts. We will help you to select an optimal jurisdiction for you, bank, technical support and will represent your interests for bank during your account operating period. We realize all type of Internet sale scheme organizing work .

We will be glad answer your questions.

Short brief

Every serious business including internet business can not function well without bank account(s). Bank system is a kind of a blood-vascular system of any business project. No company can exist without effective financial structure.

1. Banks for money accumulation and transit.
2. Bank-acquirers which accept credit cards’ payments.

Banks for money accumulation and transit

As a rule, these banks are “classic” banks of Cyprus and Baltics. In spite of Cyprus was excluded by Russian Federation from the list of offshore area in 2009 that means that Cyprus gives all the required by Russia information, his measure randomly used. Cyprus is still now and be in the future the main attractive offshore zone.

Baltics’ banks are also a good choice for business, although American banks have some prejudications to Baltics’ banks. Transactions from Baltics’ banks arouse suspicion American banks

Generally, if you plan to receive payments directly from US banks it would be better to use approved EU banks. As a rule, they are Swiss, English and German banks. Transactions to these bank arouse less suspicion than banks of Cyprus and Baltics.

Bank-acquirers

Banks which provide credit card internet payments service. Range of such banks is quite wide. Although choosing a bank acquirer you have to take into consideration the type of your business. In some countries Adult, Gambling or Pharmacy can be prohibited. In spite of “subject” partition there is also “procedure” aspect. The procedure of a merchant account opening can differ in every bank: from total electronic mailing of copies of documents to personal presence. A bank not always let its clients know what kind of procedure it will require. If studying your registration form a bank has some doubts, it can require additional documents which sometimes can be hard to provide. Thus, the best option is to know beforehand what steps and with which bank is better to make to obtain a merchant account.

Our company has a great experience in merchant account opening for a range of partnership projects on different subjects. We would be glad to use our experience and help our business.

Prices

The corporative structure description and prices are indicative and there can be some new changes in countries law. We offer you to contact us for first free consultation and get a detailed offer.

Guarantees

Three our main principles are: anonymity, punctuality and responsibility. We use these principles in our everyday work:

• Information about all contacts always remains confidential
• We always try to avoid using any personal details
• Maximum legality – we never participate in suspicious affairs
• Only the owner of company has an access to its documents.

You can trust us