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Webby · 10-13-2002, 08:45 PM

Unless for reasons of retaining current rebilling, there is no reason on earth why any international webmaster should want to incorporate in the United States or deal with any US domestic processor.

Incorporating in the US is just jumping from the frying pan into the fire and is no solid basis of building a business. There are
complications to incorporating, apart from providing never-ending information and accepting the laws/rules of the US, such as 30% withholding tax blah.

There is a big world out there, the net is not the US, and far more beneficial jurisdictions to incorporate a business and utilize credit card processors. Sadly the processors/VISA/whoever in the US have failed and once is enough.

10-13-2002, 08:45 PM
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	Unless for reasons of retaining current rebilling, there is no reason on earth why any international webmaster should want to incorporate in the United States or deal with any US domestic processor. Incorporating in the US is just jumping from the frying pan into the fire and is no solid basis of building a business. There are complications to incorporating, apart from providing never-ending information and accepting the laws/rules of the US, such as 30% withholding tax blah. There is a big world out there, the net is not the US, and far more beneficial jurisdictions to incorporate a business and utilize credit card processors. Sadly the processors/VISA/whoever in the US have failed and once is enough.