Thread: Business Doing business in the UK
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Old 01-09-2023, 04:34 AM  
loveparade
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Quote:
Originally Posted by redwhiteandblue View Post
10,000 GBP per month will probably get noticed but there's not much anyone could do. If you had a UK bank account and move that amount of money into it, money laundering rules mean the bank will have to notify the inland revenue.
I already have an account in NatWest, and I would send money from Paxum directly to NatWest card. But I'm afraid it's not a good idea, because the bank will ask me what it is. I withdraw some cash from an ATM for living. But the problem that I didn't use the Paxum card since the beginning of the war, and there is 30k there at this moment. And on one hand on I'm afraid to keep this amount on Paxum (I have had many bad experience with Epassporte and the others) and on the other hand I'm afraid to withdraw cash in local ATM.

Quote:
Originally Posted by redwhiteandblue View Post
It's not illegal to run a business selling porn in the UK although some banks may decide not to deal with you if you tell them exactly what it is.
I found that there should be an age verification system. Now I'm trying to understand what it is and how it works. However I open Brazzers and Pornhub from UK IP and don't see any age verification. From my home Internet provider all porn sites are banned but using VPN with UK IPs I still can visit everything.

Quote:
Originally Posted by redwhiteandblue View Post
I've been paying cheques and wires into my account at Barclays for the last 15 years and they've never asked me where it comes from. Best to just tell them it's online marketing but not the exact thing that is being marketed. If you decide to do it as a business talk to an accountant.
Sounds great. I worked the same way in Ukraine, just received wires, paid taxes and nobody asked me anything. So, do you receive the wire transfers like an LTD Company? Not like a private person? Not to a private bank account?

Quote:
Originally Posted by redwhiteandblue View Post
What part of Ukraine by the way?
Kharkiv
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