50

hahaha... been to the states much? generally laws here reflect the minority's persuasion. and generally we're not talking the minority that are rich and powerful.



good to know about the mounties. at least, not to fuck with them. that's one thing you do NOT fuck with around here, the nebraska state p. these guys frighten me. 8 out of 10 are ripped enough to break most people in half. very scary, i shit you not. i would not run from one of these guys. they'll shoot at you too, if you fuck around. they used to get in trouble for shooting at vehicles on the highway that wouldn't stop. now they have 5 of the new 170-mph camaros. lol.. i've had so many run-ins with them, those guys are crazy. i also know a state p investigator, man they used to do some crazy shit.. damn. don't fuck with these guys if you're in nebraska. they're not afraid of lunatics either. we get a lot of drug traffic through here and stuff... it's nuts.


now city police and the sherriffs, that's a different story. mostly donut stuffers.

You should come up here again! The mounties no longer ride horses, they have cars. Also, a fair amount of Canadians have running water, fairly reliable power, and some even have flush toilets.
We already have 16 cable channels, and no longer share a phone line with 4 neighbors. When color TV arrives, our country will never be the same.....Imagine Three's Company, Happy Days, Laverne and Shirley, and my personal fav, Starsky and Hutch in living color! Canada Kicks Ass!

interesting...

read the one about "the effects of porn"? yeah, i didn't read it all, but it was interesting.

My US bank is TD Waterhouse. I did that on line, got a check card. I already had ad TD Canada bank account....

I do not bring back the revenue directly to Canada. As said, in a US bank, used to pay major expenses.

Please do take note that you should be paying 15.5% tax as GST to the Canadian Gov anyway of ALL your membership( they got a few of the big ones lately). So, by declaring it US ( It shows on Ibill page that the merchant such and such, USA ) you save that amount....

It is not the ideal situation, but better than cut off . Just the rebills at Ibill covered the whole process many times.

How are you going to process your site when the other processors start charging the $750?

actually, i wouldn't mind visiting canada again. been to the ca side of the falls, and then another year we drove through the western half. went up in washington, came back stateside in north dakota. it was a fun trip. except when we got lost one day and ended up 30km from where we started. it kamloops north? i think that's where we ended up realizing we went the wrong way :)

but yeah, for the most part the people were pleasant, and it was pretty. i enjoyed banff and that crazy cement factory. oddly enough, it does feel like a different country when you're there. i didn't think it would, being so close to the US and all.

but you guys really should learn how to make highways. here, we blast through the side of the mountains, you guys go up the side. that's not easy with a 27' 5th wheel, even if the truck's a diesel :glugglug

Hmmm interesting. I've been using RBC for the biz but they are ass-rape extortion artists.

TD seems to have the cross border thing down.

Any other tax tips? I've been meaning to find an accountant in the know to fix my messes but they are quite rare.

You're saying that your TD Waterhouse account holds your taxes for you? Because I have a Waterhouse account as well, and they don't hold anything...

Do you have a regular checking account or an actual business account with them?

can i get a td waterhouse us$ account from the us?

My personnal accounts are at the Royal, and I used to do business with the head office here. Every time I waved to my account manager, I would see a few days later a " management fee" of 200.00 or 300.00 debited in my account . I started sending my assistant: cheaper....

Tax Tip # 1: pay the taxes

Tax Tip # 2: always follow TIP # 1

Consult a tax specialist with experience in foreign business. I am not qualified for that. I just relate my experience.

Man visit ontario and quebec.. all that other shit is boring.

Well, unless you need weed.. in that case goto BC.

will do. i can get away with being there and not speaking french, right? 'cause i'm not going to learn french.

would kinda like to see vancouver someday too, i hear it's nice as well.

Man that sounds expensive.


RBC no good = use TD ?

Do Toronto and Montreal. Can't recommend any other parts of Canada... unless you are a nature freak.

I have to keep posting probilling,

no visa fees
no visa rules
bank wires on time everytime
great customer service
do you need anything else?

I don't work for them ... lol

But this is what I found, and seems like YES:

---------------------

Q "How do I apply for a Value USA or Premier USA Checking Account"


TD Canada Trust or TD Waterhouse (Canada) customers can apply online. Apply now or call 1-888-327-9962 and press 0 to have an application delivered via mail.

If you do not have a TD Canada Trust account or TD Waterhouse (Canada) account, you are required to visit one of the following bank branches to apply for a Value USA or Premier USA Checking Account:

100 Wall Street
New York, New York 10005

OR

525 Washington Boulevard
Jersey City, New Jersey 07310

Note: Your account will not be set up until you have completed and returned a signature card. The signature card can be mailed to you or you can print it out online and mail it in.

------------------------

https://www.tdcanadatrust.com/usbanking/index.jsp

hrm.. that's in the US, so probably i could. now the only problem is they're about 1300 miles away to visit the branch :)

Yeah... they're a virtual bank. To make deposits, you have to either mail in the checks or get wires. And you withdraw with the Visa check card they give you.

OK... possible scenarios... depending on your resident country.
The following also does not take account of any circumstances which at this time as unknown. (Who knows wot VISA will do next?)

Get a Gibraltar corporation. This gives access to all Euro billing companies, Globill ad nausea and also the EU flavor of CCBill (known as CCBillEU.com) There are no $750 fees and no DNA and sperm counts required.

For folks who have recurring billing tied up in the North American banking region with people like IBill blah.. they are fucked. It does not take much saying that this problem was known last year.

Gibraltar is an offshore and no taxes are due in this jurisdiction.
However, anyone who resides in their country of citizenship will still have taxes due on funds which they pull into their country.
US citizens are further complicated with bullshit about offshores being "illegal" blah, however if you wish to stay OK with the IRS, get an accountant to clear your personal position and be open about the revenue.

There is little doubt that *any* option outside US jurisdiction is preferable.

Having said that, next week can raise another scenario. This biz is "on the run" and only those flexible will survive.


:2 cents: worth

wouldn't be a totally bad idea. i'd just like a good place to hide some cash from other banks and business people. i learned from an old and very rich friend of the family it's good to have assets in other places. a bank owner tried to fuck him years ago, and did pretty well at it, but didn't know he had a sizeable stash 60 miles away in a bank in omaha. so, he continued with business as usual afterwards. but those were the years that all the information wasn't so interconnected and freely available.

No kidding. Someone should start a site called "Rent-a-USACEO" and make a killing!

If you want to be scrubbed to death!


Probilling sucks tried them! Bankrupt in 6 months probably?
they lossed there Merchant account once already? then they got
it back barely?

I want someone from Probilling to post here saying that their customers will not have to pay the Visa fee in the future.

Shitty, Acpay owes me money, and alot of others!
I already looked inot Ccbill, Ibill, sorry they just don't want to play with Canadians only want to fuck our women and drink our beer,

it's there loss in revenue? and I don't understand it.
they process Euro but not Canada! were right next door?
WAKE UP...:mad:

p00p:

Doubt anyone can say that.. these things "pop up" least when ya expect em :glugglug

Again, Probilling scrubs to much, you won't get ahead with them!

your far better off opening a a corp account in the states

there isn't any reliable CC in Canada Verotel isn't paying either!

Jive:

You seriously did not look at IBill???? :Graucho

Sorry to hear of more losses. Do yourself a favor and look at dealing via offshore corp. I know of a good few of your countrymen that deal this way. And.. you don't have the buggage that US citizens have regarding taxes.

Jive:

Gotta agree with you on the scrubbing.. might as well close down and save hosting bills! :Graucho

Mmm. in Canada?... Get an EU corp.. better than opening your soul in the US at this time. See comments on Gibraltar...

"You can do that through our Nevada office" has a nice ring to it.

Any suggestions as to who can lend a helping hand setting up an offshore corp? (we tried this once and got fucked)

p00p:

Sure.. basically deal direct with formation lawyers in Gib - forget any other purported experts on this.

Depending on what you need in the way of services, there is no need to pay anyone more than 1300 for this. Also, at no time need you pass information re banking etc to any of your nominee directors, - that is your business and yours alone.

I notice you said you'd been ripped off before? We have offshore corps in several juridictions and never experienced any problems. In fact, on all occasions the lawyers could not be more helpful (shit.. that's saying something about a lawyer!!!).

Gib is not exactly some South Pacific con center - any shit with lawyers in Gib and they serve a term :-)

Here are some links for general guidelines:

http://www.deloitte.gi/taxation.html

http://www.gibraltaroffshore.com/gib...quirements.htm

http://www.formationshouse.com/compa.../Gibraltar.htm

I am not recommending these sites in particular.. just a guide. When you do choose a formation agent/lawyer, I'd suggest you only use one who is actually physically in Gibraltar. (not some asshole in the UK or somewhere who is giving "advice").
There is a vast difference in our experience with people who actually live in offshore jurisdictions, than "consultants" that just aim to collect a %.

If you need to open any bank accounts for this corp .. get the paperwork first and have a look at, for example, Lativan banks.
They have a proven record and offer online banking, credit/debit cards, and will issue check payments (within an hour sometimes!) to any US hosting company on your instructions. English and all major languages spoken ;-) I'll repeat again *s*, - no other party needs to know either where or what banks accounts exist (if they even do! *g*). You deal direct with banks based on pre coded faxes and online instructions.

I dunno your circumstances so tis hard to say more, but with the current climate in North America/VISA... moving activity out is not a bad idea :winkwink:

Hope this helps!

i am with acpay for about 4 months and i am very happy with them. i would rather to pay the $750 to acpay than any other processor, but as i am a non-us/canada citizen, im going to pay only $350 :D

anyway, people forget acpay is a company backed up with millions of dollars, and as they are "new" as a paysite processor, people think they are not so good. big mistake.

It cost $1300US for a UK incorporation... got the papers in 3 weeks. Told them I won't have any incomes from UK so we only pay the annual fees.

The whole US thing is way too complicated. I pay enough taxes the way it is... so fuck 'em all.

the indigo:

Yep.. agree with ya :thumbsup Tho ya did pay above the average for a UK corp! (but depends on advice blah).

We ... for about 5 seconds... considered a US corp, but there is no way we will disclose information that is no business of anyone apart from us. US citizens may accept this as the "norm", but I sure don't!

Frankly, I can't see a US corp being a cure to this banking region. It may be a five minute solution, but that's it. :glugglug

I know, but they have one of their international office 2 blocks away from my condo... so I prefered to deal directly with a guy that I can meet and talk in my first language... he knows what the fuck he's talking about :glugglug

I considered Gibraltar and Cyprus also... but I don't feel too secure about Gibraltar. There's a lot of shit going on. I bet they will join the European Union before 2005 (IMHO)... UK is solid.

what is that company? is it in Montreal.
I'm interested about a UK corp!

thanks :)

Glo-bill accepts webmasters from Canada and apparently has for years. On their board they also say that they are in compliance with their Visa region and will not be altertinng thir rules unless the rules in that region changes:

-------------------------------------------------
At the current time, Glo-Bill has no plans to charge any registration fees. Glo-Bill remains in full compliance with all the rules and regulations in the region of the world where it processes. Should the rules and regulations change at some future time, Glo-Bill will notify its clients as soon as possible. At the present moment, we do not anticipate any change in the way we conduct our business.

best regards,
Christy Martineau
Client Relations
Glo-Bill.com

Can you post the name of the company that set up your corporation? Also, did you have to set up a UK bank account? Do you have to pay taxes in the UK and try to get them back later?

That's a bold statement. Almost like some of the ones I heard ACPay make. If you guys can get by without charging the $750 to your customers, more power to you. If at this time, next year, your clients are still processing without paying the Visa fees, I will rim you until you beg me to stop.

http://www.insad.com check for Contacts Canada.. sur rue Crescent @ Montreal

insad.com - I did not have to setup any bank account.

p00p:

Here is a company in the UK that will set up what you need:

http://www.waterlow.com/companyservices/ukform.htm

(It will also save you save money! *g*)

You do not need to have a bank account in the UK... in fact, it is preferable that you don't. Just use some bank in your country.
You will need to state that you are not earning income from the UK (net income is fine!). After that, you are not in the UK tax regime.

Thanks peeps!
Awesome information. I don't make enough to go offshore, I think the best bet is to get a UK corp. Wonder if they take Visa? :Graucho

Jact,

When have I not responded? I may not see all posts because I am not on here all of the time. However, I will be happy to tell you what I know. I am not a merchant account expert although I am an expert on processing itself. The trouble is that each bank and region has their own rules and they do change often. I will be happy to speak with you on the phone, via, ICQ, or email.

Contact me however you wish. My middle name is "customer service".
---------
As a summary at this time for Canadian adult who want to use Netbilling....

You must setup a EU corp, have a signer and get a EU merchant account. The bank will only take the account if you are currently processing over 50k per month and can back that up with statements from your current processor.
The US banks will not give you a US merchant account with just a US corp and bank account. Someone must have a US address and Social security # because of cross border regulations.

I will be back on late tonight so please post any questions or contat me direclty off the board.

Thanks, Mitch

it looks like that this thread should be called Canadian webmasters get fucked again.

the disclosure requirements are the main reason I wouldn't want to incorporate in the US...

the UK sounds like a good option..

terrific thread.

p00p:
Yup.. they take credit cards no problem! :winkwink:

Um, yeah. Processing for when Visa says no to all this.

Kinda sucks, I am looking into the US corp. end of things, but if it's gonna be a pseudo borderline prospect at best... then the deck of cards may come falling down to earth at some point in the near future

not to mention the tax scenario... pay tax in the US, and pay tax again when it comes to Canada, two accountants, barfola :throwup

this is becoming too much like an overregulated pile of junk, instead of free enterprise at it's best

It was via ICQ actually, but thanks for answering the question here.

So if I'm the owner of said company and my employee or someone represents my company on the application to the bank/Visa/whomever, is that cool or do all principal owners of the company have to be US?