offshore for adult business

[raluk]

Hi,
I'd like to know if is possible to open an offshore company in Cyprus for an adult business,how much will be the cost and what do I need to do that(paper ,etc.).
And also is it possible to have the bank account with a debit card and to withdraw the money when I want from each country in Europe?

THANK YOU!

[Admin]

To incorporate a company in Cyprus for Adult business is not a problem, however, you will face problems to open a bank account for your business. The banks policy instantly change and now a day they won't accept any Adult related business any longer, even if we both think it is insane then it is a fact

[raluk]

I have to mention that is about online adult business(e-commerce).
Does anyone can help me with this?

[Karbo]

Any solution to bank account problem?

1) To open an account in some loyal to this business bank (is it possible to make it with cclogic service?)... I heard about several banks in Germany, Switzerland...

2) To incorporate a company which run some "internet marketing and consulting" business?

[paymentpros]

yes, opening a bank account for an adult business can be very challenging.

That being said, it is not impossible and we are able to assist.

[forza]

I also looking to create cyprus corp for internet adult enterprise. Am I correct that as long as listed as ecommerce and using a payment gateway that accepts CC's online, the merchant transfers funds. An account can be opened with relative ease? any help supporting or opposing this is helpful.

[Admin]

Company in Cyprus + Payment processing for Adult business isn't that difficult to get established. The problem is that no ban kin Cyprus will take on Adult business. So it will be challenging to get a bank account for this business activity.

[jpay]

What kind of Adult business are you into forza? If it's mainstream Adult you will proparly want to look into payment processors like CCBILL, EPOCH Systems, Verotel and similar who all will accept a Cyprus company to be the merchant. For Banking you may look into a bank in Latvia or Holland / The Netherlands if everything else fail.

[baian]

We recently open a business account in Cyprus, for an adult related business Cyprus company. There is only one that was agree to accept it. I don't know if the moderator allows me to publish the name?

[bonox]

It's quite easy to get a adult merchant account for your company if you incorporated in EU.

[Admin]

We recently open a business account in Cyprus, for an adult related business Cyprus company. There is only one that was agree to accept it. I don't know if the moderator allows me to publish the name?

Sure as long as it isn't self promotion it is ok. I assume you mean Laiki Marfin who was the lucky bank to take on such business, I can tell you it is over now, unfortunately

[Admin]

It's quite easy to get a adult merchant account for your company if you incorporated in EU.

Second that..

[baian]

Sure as long as it isn't self promotion it is ok. I assume you mean Laiki Marfin who was the lucky bank to take on such business, I can tell you it is over now, unfortunately

yes cclogic, it was Laiki bank, strange we just got an account opened last May for a client. when did this happen ?

[forza]

What kind of Adult business are you into forza? If it's mainstream Adult you will proparly want to look into payment processors like CCBILL, EPOCH Systems, Verotel and similar who all will accept a Cyprus company to be the merchant. For Banking you may look into a bank in Latvia or Holland / The Netherlands if everything else fail.

It is Internet, mainstream website. Was going to have CClogic create the corp and attempt a Cyprus bank or otherwise Swiss or Dutch bank if all else failed.

[Admin]

Did you actually approached CCBILL for payment processing? They accept Cyprus companies as far as we have been informed.