incorporating in canada - GoFuckYourself.com

BlackCrayon · 12-01-2003, 02:03 PM

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.

Raven · 12-01-2003, 02:06 PM

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.

ZoiNk · 12-01-2003, 02:06 PM

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

BlackCrayon · 12-01-2003, 02:17 PM

Quote:

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.

Quote:

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?

BlackCrayon · 12-02-2003, 07:04 PM

BRISK · 12-02-2003, 07:06 PM

Incorporate in Gibraltar

StuartD · 12-02-2003, 07:10 PM

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

hmmm.... yeah, trying to get around it is a good idea

frankthetank · 12-02-2003, 07:10 PM

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

BRISK · 12-02-2003, 07:12 PM

Quote:

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

12-01-2003, 02:03 PM	#1
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	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..

12-01-2003, 02:06 PM	#2
Raven Confirmed User Industry Role: Join Date: Jul 2001 Posts: 6,874	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~

12-01-2003, 02:06 PM	#3
ZoiNk Confirmed User Join Date: Feb 2002 Location: Canada Posts: 2,370	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

12-02-2003, 07:04 PM	#5
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	bump __________________ you don't know you're wearing a leash if you sit by the peg all day..

12-02-2003, 07:06 PM	#6
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	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.

12-02-2003, 07:10 PM	#7
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	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

12-02-2003, 07:10 PM	#8
frankthetank Confirmed User Join Date: Mar 2003 Location: Ontario, Canada Posts: 616	How do you go abouts incorporating in Gibraltar? I am Canadian and it seems like an alright idea.