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Add app with real or company name? Any one formed offshore company?

by liovvoil
2 replies
I am building a Startup (iOS + Android + Web), and I believe you guys might help in this issue.

I can only enroll in iOS individual developer program, since company developers need a DUNS number, and in order to get a DUNS number I need to form a Company, S-Corp or partnership business.

To enroll as iOS Developer (Company), I need to form a company. And forming a company in my country is expensive around $4K and needs around a month. (I am not US Citizen and I don't live in US)

My application is a marketplace (Buy & Sell then meet offline). No money/payments will be used in the app. It is almost done, and the region is not US, so no I am not trying to build or compete with craigslist or eBay.

Here is why I would like to enroll as company instead of individual:
  • Hide my real name as seller name.
  • Users might take the application more seriously if it was copyrighted by company instead of real name. It might be a drawback for downloads.
  • Sometimes, strangers might contact me on Facebook, or anywhere. They might also be rude in reviews.
  • The platform has reports, suspension and ban of users who are using the marketplace illegally. I don't want some one to be harsh if he got suspended/banned.
Here are my questions:
  • The project will have huge marketing and will be viewed by a lot of users including a lot of friends. Do you think it is a drawback to have my real name like AppName by Real Name?
  • Do you think it might decrease downloads number?
  • I am thinking of forming an offshore company in Seychelles. Any one formed an offshore company before? Like Seychelles, Gambia, Belize?
  • If I had to form an offshore company, and app never had any revenue or purchases as a startup, should I also open a bank account?
#add #app #company #formed #gambia #offshore #offshore company #real #seychelles
  • Profile picture of the author Enfusia
    Hi,
    Yes, it's fairly easy to set up a corp in Belize or Panama I've done both. A company in Panama is about $2,500 and in Belmopan Belize I paid about $1,700 plus a fee of about $100 to get a stamp.

    But, one thing you may wish to do is look up offshore shared DUNS or offshore shared companies. I've not used any but I know they exist.

    If you have no revenue then no, a bank account should not be needed. If you do, HSBC of Panama is quite good.

    I would not use my name on an app, but that's just me.

    Patrick
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