incorporating in canada

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  • BlackCrayon
    Too lazy to set a custom title
    • Jun 2003
    • 19634

    #1

    incorporating in canada

    me and my buddy are beginning to plan to open up some exclusive content paysites but before we start i want to know if its even possible. i remember hearing that you had to have a presense in the US or EU to be incorporated with the CC billing companies. what do the canadian folks do to get around this? me and my buddy are both canadian citizens.
    you don't know you're wearing a leash if you sit by the peg all day..
  • Raven
    Confirmed User
    • Jul 2001
    • 6874

    #2
    Canada is kind of fucked when it comes to third party billing and merchant accounts.

    Many are using ProBilling...who does accept Canadian sites for processing.

    To use Epoch or CCBill, you have to have a US presence, which means incorporating here in the US and having a valid tax id number and banking.
    Raven

    ~RETIRED~

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    • ZoiNk
      Confirmed User
      • Feb 2002
      • 2370

      #3
      US, you need one of the ppl in charge of the company to be a US citizen, so that wouldn't work for you.

      Rumors I have heard, you just need an EU corperation to use the european ones.

      Gibraltar is aparently the country you want to incorperate in, b/c if you are a foreign presence, you can apply not to pay taxes there, and you don't have to collect the VAT, but Visa considers it part of EU visa.
      ZoiNk
      "People can have the Model T in any color - so long as it's black." - Henry Ford

      Comment

      • BlackCrayon
        Too lazy to set a custom title
        • Jun 2003
        • 19634

        #4
        Originally posted by Raven
        Canada is kind of fucked when it comes to third party billing and merchant accounts.

        Many are using ProBilling...who does accept Canadian sites for processing.

        To use Epoch or CCBill, you have to have a US presence, which means incorporating here in the US and having a valid tax id number and banking.
        yeah probilling, hmm. i wanted to go with epoch. with all the closings of these other billing companies i can't help but worry probilling isn't that safe. i guess that would mean needing a partner from the US.


        Originally posted by ZoiNk
        US, you need one of the ppl in charge of the company to be a US citizen, so that wouldn't work for you.

        Rumors I have heard, you just need an EU corperation to use the european ones.

        Gibraltar is aparently the country you want to incorperate in, b/c if you are a foreign presence, you can apply not to pay taxes there, and you don't have to collect the VAT, but Visa considers it part of EU visa.
        ZoiNk
        interesting, thanks for that bit of info zoink. tho would i still have to have residence over there or something? or be a citizen? does the EU work differently?
        you don't know you're wearing a leash if you sit by the peg all day..

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        • BlackCrayon
          Too lazy to set a custom title
          • Jun 2003
          • 19634

          #5
          bump
          you don't know you're wearing a leash if you sit by the peg all day..

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          • BRISK
            Too lazy to set a custom title
            • Feb 2003
            • 12240

            #6
            Incorporate in Gibraltar
            I post on GFY so that when people ask me what I do,
            I can tell them that I work with the mentally retarded.

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            • StuartD
              Sofa King Band
              • Jul 2002
              • 29903

              #7
              remember when globill tried to get around it? or ac pay? or wsb?

              hmmm.... yeah, trying to get around it is a good idea
              This is me on facebook
              This is me on twitter

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              • frankthetank
                Confirmed User
                • Mar 2003
                • 616

                #8
                How do you go abouts incorporating in Gibraltar? I am Canadian and it seems like an alright idea.

                Comment

                • BRISK
                  Too lazy to set a custom title
                  • Feb 2003
                  • 12240

                  #9
                  Originally posted by frankthetank
                  How do you go abouts incorporating in Gibraltar? I am Canadian and it seems like an alright idea.
                  Research: http://www.gibraltaroffshore.com
                  I post on GFY so that when people ask me what I do,
                  I can tell them that I work with the mentally retarded.

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