Quote:
Originally posted by Mutt
there was a thread on GFY about three week ago, some Canadian webmasters who went through all kinds of hoops to get a U.S. presence so they could keep processing with American third party processors - they said it looked like they went through all that for nothing because it turned out the processors found out they could process for Canadians. Maybe it didn't work out?
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I recall simular posts in the past several weeks, and have talked with many who spoke of making SOME attempt at a US presence.
Based on my conversations, it appears some have opted for a quick cheap fix. I think it is a big mistake to confuse a verifiable "US Business Presence" with a company's getting INCORPORATED here in the U.S.
A. Forming a corporation in the US is a fairly easy task. Simply select your State for the Corporation, and if you fill out the forms yourself...the costs can be between one and two hundred.
B. A Verifiable Business presence, which I understand Credit Card companies demand, should include the following elements.
1. Business Address in US. (a real location, where your company name is displayed)
2. Telephone service with the number listed at the business address. Plus tey expect to have someone answering the phones during business hours. THEY WILL CALL to Verify!!!
3. Business Checking Account
4. Principals of business should (in most cases be US Citizens). Immigrants with a business Investor Visa qualify, however B1/B2 visa holders do not qualify.
5. A current business license (not always required, but helpful)
6. If your business is Incorporated, is a plus. Additionally, if you incorporate in Nevada, the law allows your corporation to have "contract corporate officers", which if you are a non citizen who is located outside the US, would be the option well worth considering.
7. Federal / State Tax ID number. you don't get (legit) shit done without one. If you have contract corporate officers, they will apply for one on behalf of the corporation.
8. Having a Dunns number for your business.
whew...I hope this all works out for those caught up in this mess.
Yours,
Wendy Blair-Goldberg