This is a good idea for a thread.
From what I understand none of the 3rd party billers involved knows what is meant by "US presence". I was told by CCBill that they are seeking clarification from Visa. In the meantime they have told me that I should be thinking of a US LLC or corporation. They also "preferrably" would like to see a US bank account corresponding to this entity.
The LLC itself is pretty simple to set up I think. Nevada is the place of choice for many adult internet businesses for an LLC except those that sell drugs online. So too, I have been told, it is fairly easy to open a business bank account corresponding to the LLC.
But it seems it gets muddy trying to move the money to Canada. That's when holding fees and taxes kick in, perhaps; no one has been able to tell me for sure yet.
Very ugly.
To make matters worse I have been having trouble trying to find a law firm with the expertise in this area which is also willing to represent an adult site. The bigger firms in my city (which shall remain nameless) don't want to represent an adult site it seems, and the smaller firms I have contacted so far don't think they have the expertise and contacts (US lawyers) to advise me.
What I need is a US lawyer with corporate and adult law experience, a Canadian lawyer with tax and corporate law experience, a US accountant with Nevada LLC and international tax experience, and a Canadian accountant with experience in international tax law. The yellow pages just aren't doing it for me. :o(
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