PayPal for foreign online service, do you need a real company? What are the pitfalls?

Question

PayPal

There is one site where some users, by design, come and replenish their balance, while others can earn money and then withdraw. Since the site is fully focused on the English-speaking audience, you need to use paypal as a payment system.
The problem is that:
1) I do not have a registered company, I do not know if all this will work and I need to try it. Does paypal check the entered data at the stage of registering a business account? Will I be able to send and receive payments without a company for a while?
2) Are there any difficulties in accepting payments from all over the world to an account registered in Russia? Won't users have constant payment rejections? Will there be a forced conversion of currency into rubles on each input-output?
3) What is the right thing to do: try to work without a company, register an individual entrepreneur in Russia, think about registering a company abroad?
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Well, a counter question, in case of registering a company abroad. Do I understand correctly that I need to google something like "online usa llc registration" for $50, buy a company, register paypal with this data and there will be no problems at all?
Thank you.

Answer 1

1. When registering a business account, you enter into an agreement with PayPal, so, of course, all data is verified.
2. There are no problems with the reception. To ensure that incoming payments are not converted into rubles, you need to complete the account verification with the provision of a passport scan. You can withdraw only rubles from a Russian account and only to an account in a Russian bank.
3. For work from Russia, IP is the most reasonable option, in my opinion. At first, you can do it without registration, but when your income crosses a certain mark, there is a risk that your bank will notify the tax office about you. Therefore, it is better to register an IP, the sooner the better.
About $ 50 is you, of course, famously. There price tags start from 1000 euros. This is not counting the hemorrhoids that can arise when something goes wrong, because you are in Russia, and the company knows where and who knows where to turn in case of problems. So it's not as simple as it might seem at first glance.

Answer 2

answer to p3.
Of course, registration abroad, with our bureaucracy and currency control, is more of a hassle.