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Old 11-26-2006, 05:06 PM  
Webby
Too lazy to set a custom title
 
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
Quote:
Originally Posted by RegUser View Post
Yes webby
you are right...we have been here before.
i thought incoprporation in EU will fix it but w/o a principal residing there, it is going to be of little use
Sounds like you need nominee dirs RegUser - they would in fact be the legal prinicpals although you may have a complete POA (Power of Attorney) over the company and be the controller of eg bank accounts and operational activities of the corp.

It's prob worth checking with processors as to their exact requirements to enable them to ensure your corp is fully compliant with any card company rulings - then work towards a corp scenario which will match these rulings.

Sure.. can see an obstacle course if you don't happen to possess an EU passport, but this is prob just a matter of working with two people, - your nominee and your processor/s. There are a fair number of Canadian webmasters already with corps in the EU and working with EU processors.
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