NVRSFT'S vFORUM REALM :: General :: General Talk :: How to choose the right trading platform? - View Topic
| George0000010
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| | How to choose the right trading platform? (15th Sep 22 at 8:20am UTC) | | | How to choose the right trading platform? | |
| allcash7777
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| | Re: How to choose the right trading platform? (15th Sep 22 at 8:59am UTC) | | | Hello, actually you can choose absolutely any platform, but I like to choose platforms that have a demo account, like ByBit USA, to sign up and try out this platform! | |
| waltergreene
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| | Re: How to choose the right trading platform? (5th Nov 22 at 3:57pm UTC) | | Popular jurisdictions for online trading companies
In this article, we have emphasised the need to understand the VAT liabilities of online trading companies. If you would like your clients to pay for goods and services through your website with EU-issued Visa and Mastercards, it is essential that the merchant account is located in an EU bank, and your company must also be registered in the EU. The following jurisdictions are popular choices for incorporating online trading companies:
Gibraltar: Gibraltar is located in the EU, but has not signed up to the EU VAT Directive and is therefore outside the scope of VAT. Companies registered in Gibraltar can set up online stores and connect to merchant accounts at EU banks.
The United Kingdom: UK companies (Scottish LP, UK LLP and UK Limited) are commonly used for online trading. These structures are easy to operate and VAT thresholds are quite high.
Malta: A Maltese company with a VAT number is a great solution for a solid online business, allowing you to comply with the strict requirements of the VAT system at a lower cost, as the VAT rate (19%) is lower than in many EU countries and the corporate tax system allows non-resident company owners to claim back 6/7 of the tax paid, making the effective rate only 5%.
Selling online opens up vast business opportunities, but nowadays every business must consider the tough AML requirements imposed by processing companies and banks, taxation matters (especially in terms of VAT), the time-consuming set-up process for online payment solutions and many other complex issues. Contact us to discuss online trading options for your business.
https://www.confiduss.com/en/services/incorporation/purpose/online-trading/ | |
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