Help Needed: SVG LLC & DR Bank Setup – Discreet GBP Payments & Tax-Efficient Flow (UK Resident)

[russianwine]

I’m looking for advice on tightening up my offshore structure and payment flow. I will try and keep it brief. I have currently set up the below with the idea of charging consulting fees via payment gateway that accepts GBP payment.



Entity

• LLC incorporated in St Vincent & the Grenadines
• Personal USD account opened in the Dominican Republic (non-CRS jurisdiction)
• No corporate DR account yet,direct payments to my personal DR account are ideal as it is Non-CRS for UK residents.

My Objectives:


Discreet GBP Payments: Want a merchant-gateway (hosted link/button) that accepts GBP cards and settles in USD → my DR account. Must be non-FCA, private, low-profile.
Minimal Withholding/Reporting: Avoid DR WHT and CRS reporting.
Clean KYC: Satisfy gateway & bank due-diligence without oversharing personal data.
Questions:

• Which offshore-friendly payment gateways (besides Payoneer) offer truly private GBP→USD payouts into a DR personal account?
• Does my current doc setup (SVG LLC + DR personal account) present any red flags to banks or gateways?
• Any structural tweaks (DR SRL, trust, nominee arrangements) you’d recommend to boost privacy or efficiency?

Appreciate any guidance, real-world experiences, or provider recommendations. Go easy on me, this is my first post. Thanks in advance!

 

[daniels27]

In short, you are a UK resident and are getting paid offshore and are illegally not paying taxes in the UK? Do you think that this is a smart idea?



I honestly really do not think so. Why? Because if there is ever some data sharing agreement, they will be announced in year x, data sharing starts in year x+2 going back 5 years. Hence, they will get data for a whole 2 years that you have no prior knowledge about. And once, they are at it, they will go digging further.



If you want this to work, I would recommend using nominee directors and maybe even shareholders.

 

[russianwine]

daniels27 said:






In short, you are a UK resident and are getting paid offshore and are illegally not paying taxes in the UK? Do you think that this is a smart idea?



I honestly really do not think so. Why? Because if there is ever some data sharing agreement, they will be announced in year x, data sharing starts in year x+2 going back 5 years. Hence, they will get data for a whole 2 years that you have no prior knowledge about. And once, they are at it, they will go digging further.



If you want this to work, I would recommend using nominee directors and maybe even shareholders.

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I didn't say I would not be paying taxes? the main purpose of the structure is privacy not to avoid taxes. (obviously I will ensure taxes are reduced as much as possible, legitimately)

 

[daniels27]

quantora said:






I didn't say I would not be paying taxes? the main purpose of the structure is privacy not to avoid taxes. (obviously I will ensure taxes are reduced as much as possible, legitimately)

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Ok, thanks. But you would have to report the company and its income to the HMRC. Hence, I am a bit worried how this works, but you could in theory claim the money to be self-employment income etc.

 

[russianwine]

daniels27 said:






Ok, thanks. But you would have to report the company and its income to the HMRC. Hence, I am a bit worried how this works, but you could in theory claim the money to be self-employment income etc.

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That is a fair point, but I meant from a public register point of view. If I report the company to HMRC then it will should still remain private from being public information.



The only issue with self-employed is the tax will be significantly higher, especially as I already have an income. Therefore has to be done as a company (corporate tax)



Would using a fiat to crypto payment gateway like Cryptomus be of any benefit?

 

[alley]

quantora said:






Would using a fiat to crypto payment gateway like Cryptomus be of any benefit?

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Do they accept FIAT payments? as far as I know they are crypto only.

 

[russianwine]

alley said:






Do they accept FIAT payments? as far as I know they are crypto only.

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Your correct, it says in the FAQ’s they do but requeires the customer to onboard on the on-ramp provider and to do a KYC verification.



Is there any payment gateway provider you would recommend, for use with a SVG LLC?

 

[russianwine]

daniels27 said:






In short, you are a UK resident and are getting paid offshore and are illegally not paying taxes in the UK? Do you think that this is a smart idea?



I honestly really do not think so. Why? Because if there is ever some data sharing agreement, they will be announced in year x, data sharing starts in year x+2 going back 5 years. Hence, they will get data for a whole 2 years that you have no prior knowledge about. And once, they are at it, they will go digging further.



If you want this to work, I would recommend using nominee directors and maybe even shareholders.

Click to expand...

Thanks for your reply. In terms of nominee directors, would you recommend setting up a new LLC or nominee directors on the existing?



If you don't mind, would you accept a direct message?