# Best setup for e-commerce business

**URL:** <https://community.nomadgate.com/t/best-setup-for-e-commerce-business/11346>\
**Category:** Tax and legal\
**Created:** [May 31, 2019, 10:55am UTC](https://community.nomadgate.com/t/best-setup-for-e-commerce-business/11346 "2019-05-31T10:55:37Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Snakebrain](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/s/49beb7/32.png) [@Snakebrain](https://community.nomadgate.com/u/Snakebrain)\
**Post date:** [May 31, 2019, 10:55am UTC](https://community.nomadgate.com/t/best-setup-for-e-commerce-business/11346/1 "2019-05-31T10:55:37Z")

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I’m currently developing an web shop to dropship products from China worldwide. To accept credit card payments for my online business I need a registered company.  
As everybody here I try to avoid high cost.

- low or no taxes
- low expenses to maintain the company like yearly renewal cost, hire someone to fill yearly tax forms, ect…
- low fees to found the company

I’m Swiss and live in Switzerland.  
It would be nice to be able to use an online bank like [revolut](https://nomadgate.com/go/revolut) or [N26](https://nomadgate.com/go/n26/community/auto/) or a bank that accept crypto as well.  
In which country would you think is it best for me to open an offshore company and what cost do I have to expect to pay for:

- founding company
- yearly renewal cost
- taxes
- accounting
- bank account

Are [revolut](https://nomadgate.com/go/revolut) and other EMI’s obligated to OECD?

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**Author:** ![Adversaria\_Sofia](https://community.nomadgate.com/user_avatar/community.nomadgate.com/adversaria_sofia/32/1470_2.png) [@Adversaria\_Sofia](https://community.nomadgate.com/u/Adversaria_Sofia)\
**Post date:** [June 1, 2019, 10:53am UTC](https://community.nomadgate.com/t/best-setup-for-e-commerce-business/11346/2 "2019-06-01T10:53:38Z")

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Hello,

I work for an accounting firm in Sofia (Bulgaria) and we mainly deal with [Amazon](https://nomadgate.com/out/amazongeo) customers.  
Here the taxation is 10% on profits + 5% on dividends,  
To mantain a company, the yearly cost are around 1200€.

It is possible to just have a Digital bank as [Revolut](https://nomadgate.com/go/revolut).

If you need any more infos just drop me a PM.

Have a nice weekend!
