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Old 04-25-2003, 12:40 AM  
WendyB
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Join Date: Oct 2002
Location: Woodinville
Posts: 538
Quote:
Originally posted by directfiesta


It could come to a point that you need "an officer" in the US. But at this point, all you need is:

- The corporation ( Delaware or Nevada is best)

- A EIN number from the IRS ( US taxpayer Identification Number)

- Preferably a US bank account ( I use TD Waterhouse ) to pay the state annual fees and get your payments deposited in.

- A US incorporation registrar to fill for you the annual declaration. Also, they can help if you have a problem ( they are lawyers and accountants, so you paty but get things resolved).


The money to pay this:

Start up: about 450.00 for the corp and paperwork, then about 200.00 a year to keep corp active.
Visa registration fee as you know:$ 750.00

I have a female friend ( pornstar ) that could at one point be the US officer and respondant if needed.

Why in the hell can't we get a fucking bank ihere to process fucking credit cards. I really dont get it ( as you see, I even complained to the Fed Gov...)

This is a situation/discussion, as I recall, that was predicted this past fall.

The formation of a U.S. Corporation is simply not enough to pass the test, that Visa and other credit card issuers use to determine a company's business location.

Additionally, the card company will and does want to know about the business principals, including their location.

In my opinion, back in November, many of those web site owners who disclosed to VISA their location outside of the USA, in reality may have shot themselves in the foot.

Maybe they were naive, or simply not farsighted enough to see the writing on the wall.

Now back to the current corporation formation issue. If you are a foreign national, and choose to incorporate... there are additional elements you must put in place, to make this a successful workaround for the Visa issue. Corporate Presence is the KEY!
This means your company will need a business address, telephone number listed in company name, which is answered during normal business hours. Yes, there is the EIN/tax ID, business license, and local banking account.

The state of Nevada is a corporate haven...PERIOD.

You as a foreign website owner would greatly benefit from being able to use "contract corporate officers" who are U.S. Citizens.
These are the people who, for a fee, will appear as the visible officers of your corporation. Just having the contract officers will open doors for you, accomplishing almost overnight, what you would never be able to do.

This is a serious and professional arrangement. It is imperative that you choose the contract officers carefully. The use of a "friend" or "porn star" in this capacity, might not be the brightest idea at the table.

I took the liberty of looking up a couple of past threads on this matter:

http://www.gofuckyourself.com/showth...ghlight=wendyb

http://www.gofuckyourself.com/showth...ghlight=wendyb

In reality, the dollar amount to properly achieve a viable US business presence, is in the neighborhood of US$3000 to start. The monthly fees for telephone & "office presence" would be in the neighborhood of US$200.00 monthly.

There are a couple of VoIP solutons that would give you a local Las Vegas telephone service. If you need help with this, contact me and I will point you to the same people who set my corporation presence up.
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