What jurisdiction and bank are you using?

Question

Apple Developer Program

I heard that different companies use legal entities in foreign jurisdictions to reduce the tax burden when selling programs in the AppStore, Google Market, etc. and getting money for it. And more importantly, they do it legally.
For example, the creators of Word of Tanks chose Cyprus.
Which jurisdiction is better to choose and why? What jurisdiction are you using?

Answer 1

Please help me with advice. Registered in the iOS Development Program as an individual, paid for the account, almost finished the game. The game is excellent, everyone says who I show it to. But I'm afraid that I will lose a lot of money (relatively) and I will get the same bunch of problems with the bank's currency control, tax, etc. What should I do? I don’t really want to go to the publisher, I’m ready to pay all taxes, I’m even ready to register as an individual entrepreneur, but I read everywhere that direct agency relations with Apple / iTunes cannot be legalized in the Russian Federation.
I'm asking for advice. Thank you.

Answer 2

an American offshore in the USA, Nevada, a bank, it seems, is also somewhere out there
in general, companies that arrange offshore companies will tell you everything in detail before buying their services

Answer 3

1. First, choose where to register an offshore:
- cheap, cheerful and reliable all sorts of islands like BVI, Belize and others
- Scotland is more expensive, some states in the USA
- Switzerland is very cool
. only certain types of activities are not taxed, only in some calculation options.
2. Then choose the bank and the country of this bank. I do not know how to do it correctly, I chose the one that has a representative in my city to resolve all issues and register on the spot.
What's important:
First, make an application, make sure that it brings in enough money so that the hemorrhoids associated with offshore pay off and give some kind of benefit.
Transferring applications between accounts is now done in 5 clicks (ios)

Answer 4

Agree with IvanFF Make an app first, make sure it makes enough money...</blockquote>

To do this, I can advise you to register as an individual, make yourself a payoneer card, connect the US payment service to it, as soon as you see that it is stable more than $5000 per month, then you can safely do offshore, if less, then it makes no sense, you can safely withdraw money in any ATM and no one will know that you receive it.