Hi I have a client who have an online gambling website (currently in italy) , he want to move everything offshore so he don't pay taxes , i told him that i can help but truly i don't know anything about that I have googled this and i have find some : http://www.instabill.com , http://www.cclogic.com ... But i need someone who know the right steps to do that so i don't loose this client . Another question : Do those payment processing give you a bank account or he have to open an offshore bank account by himself ?if yes what country should i advise him so he don't pay any taxes. Any help would be appreciated Thanks
What country is your client located in? The company is located in Italy but is that where is based? Where are the majority of his clients located? If a majority of the users are in the US, you should have him register an anonymous corporation in either Panama or Costa Rica. Once that is done, you will be able to sign up with a Panamanian Payment Processing Company. Panama is the safest place for him to do banking in that industry because they will not share financial records with the US. Although Costa Rica is the " safe haven" for online gambling companies, they are not so much for taxes. They have IRS offices located within the country! You do not want to sign him up with a company that you can find on Google. Anything that is that accessible is either a scam, or will charge you way too much. You need to get in contact with a lawyer in Costa Rica or Panama and they will guide you through the steps. Hope this helps. Let me know if you have any other questions, i'd be glad to help. Bretton
What a kind of Bull, where do you take the liberty to make such a statement ? It is misleading and not very useful for anyone. I agree with the Panama jurisdiction, however you may consider Malta and Curacao as well, I do not know anything about Panama nor Costa Rica, but I don't say that it is a SCAM there may be well some reliable options available in these jurisdictions!!!!! What I do know is that we have so many clients with Costa Rica companies coming to us while they have huge problems to find a payment processor for their gambling activities, we obviously tell them to take a look at other options available which has nothing to do with out services since we don't want to fool anyone into our business. In regards to Panama, YOU DO WANT TO GOOGLE THIS, you will find lots of interesting information and as well also some reliable sources to help you achieve your goals.
Well, I took the liberty to make such a statement because I went through all the non-sense myself when looking to establish an online gambling company. Yeah, there was lots of information online about companies willing to help establish the corporation, payment processing, etc. Luckily, I went a different route and decided to travel to Costa Rica myself and was amazed how over priced these companies were compared to just having a lawyer assist you. Take a look at what what I said, SCAM or WILL CHARGE TOO MUCH. Want to prove me wrong? Find me the best price possible that you have used and will GUARANTEE my lawyer or another lawyer in CR will do it for much cheaper.
Jus because your lawyer will do it cheaper does not mean it is a scam, also I have found many CR lawyers available online who incorporate CR companies for almost nothing, not sure where you want to go with this, have you honestly try to check the Internet ? Also did you found a bank or payment processor in CR or Panama who is willing to process for your Gambling company, if so please provide a link or name so we may check this ?