Business Registration, Banking, Legal set-up and Hosting

[PornyS]

Hello All,

I am newbie to the Adult Website Industry. I am creating this thread to get and share information about adult business Registration, Banking, Legal works and Hosting. These are essentials to consider while setting-up the business, especially if considering an off-shore country. It would be of great help for the newbies if the Pros can share their experience. Have some questions in the regard

1. Which country is favorable to run an adult web business ? I hear many have registered in off-shore countries as Cyprus, Prague, British Virgin Islands, Gibraltar, Malta, Belize, etc This is for people who cannot run such a business in their country. Pros and Cons of setting up in any of these locations ? Discussion can be about local laws, taxation, meeting requirements, ease of dealing with banking, hosting and bandwidth


2. Assuming you set-up in an off-shore location, which are good banks that support the establishment ? How to get a merchant account ? For which locations is it easy to work with payment gateways, credit card processing companies and conduct smooth international banking transactions ?

3. Which hosting services and in which country are fine with adult hosting ? I hear the servers are better located in a country where you have registered the business. What are some factors we need to consider while selecting hosting companies, especially for the media rich adult business ?

4. Any important legal work, licenses or set-up one needs to care about before running the site ?

5. Any tips on running the business anonymously ?

Looking forward to connect on here.

Regards
PornyS

[RapidFinancialSolutions]

Hi there,

I was going to respond to your other threads, but they got removed.

1. I can't answer this question as I'm not a lawyer, but if you need legal research done I can get that done for you. You shouldn't rely on lay people to answer legal questions because what they know may not be accurate or may be years or even months old. The law changes constantly.

One thing I will tell you, is that if your audience is in the US, it won't matter where the corp is set up, they may go after you if whatever you are doing really irks them.

2. Merchant account I may be able to help you with depending on your business history, personal history, etc. I deal in high risk merchant accounts. Please send me your e-mail address if you are serious.

Getting a bank I can't help you with.

Just be very careful in these small countries. Do a lot of research about banks offshore once you narrow down the countries you are interested in.

In some of these countries in Latin America, I don't trust them.

Also I'm not sure if what is happening in Greece affects Cyprus at all, so investigate that too if you are serious about Cyprus.

3. I use this company, & while they can cause me stress at time with the techies who don't understand what I write, they really bend over backwards for you, their support is 24/7 & it's in the US.

I rarely have downtime with them which is important, & they are adult friendly.

HostDime: Managed Dedicated Servers, Managed Cloud Hosting

4. You never stated what time of adult business. There are many different niches within the industry. I'll assume porn since that's what everyone thinks of.

I can't help you here.

5. You'd have to bury a corp within a corp within a corp essentially. It's always good to have a great attorney on standby to handle these matters. We may be able to find you one that specializes in this. If you want me to look into it, let me know.

I hope that helped in some way.


Michelle