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Old 06-10-2003, 02:53 PM   #1
p00p
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Canadians who have incorporated in the EU

I am incorporating in the EU. I talked to a biller, they gave some good info. A couple of things didn't make sense, though.

They said they could not send checks to Canada, and earnings would have to be wired/deposited into a bank I would have to open in the EU. Is this true?

I was also told it would cost up to $3000(!!!) to incorporate in the EU. Anyone know of anyone who will do it cheaper? That is fucking nuts!

Thanks!
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Old 06-10-2003, 02:56 PM   #2
DaveKnell
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Both of these look like arrant nonsense to me. Be careful about where you incorporate - we've been doing some research on exactly this. Gibraltar looks like the best trade-off between cost of incorporation (<$400) and requirements to file accounts (none) and general bureaucracy (low.) If you, for example, incorporate in the UK, it's cheaper BUT you have to file annual accounts, audited if you hit a turnover threshold.

And we (as a UK-based biller) don't have any problem sending money to Canada. We do it every week.

--Dave
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Old 06-10-2003, 02:58 PM   #3
Pipecrew
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Form a delcorp, 550 USD and its deluxe... ohhhh awww

I think i have a plan figured out now, will let you know what materializes, I have a feeling its going to cost me atleast 2k USD + 750 for the visa thing
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Old 06-10-2003, 03:04 PM   #4
p00p
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Quote:
Originally posted by Pipecrew
Form a delcorp, 550 USD and its deluxe... ohhhh awww

I think i have a plan figured out now, will let you know what materializes, I have a feeling its going to cost me atleast 2k USD + 750 for the visa thing
In EU there are no Visa fees, and no annual fees either. Keep me posted, though. Either way, I have to incorporate somewhere. Gibralter is looking to be best, so far.
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Old 06-10-2003, 03:05 PM   #5
p00p
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Quote:
Originally posted by DaveKnell
Both of these look like arrant nonsense to me. Be careful about where you incorporate - we've been doing some research on exactly this. Gibraltar looks like the best trade-off between cost of incorporation (<$400) and requirements to file accounts (none) and general bureaucracy (low.) If you, for example, incorporate in the UK, it's cheaper BUT you have to file annual accounts, audited if you hit a turnover threshold.

And we (as a UK-based biller) don't have any problem sending money to Canada. We do it every week.

--Dave
Do you know of any companies that can assist someone setting up a Gibralter corporation? $3k seems a little steep, I could do it in the USA for cheaper.
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Old 06-10-2003, 03:05 PM   #6
Luc Duboi
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you dont live in Ca . brother.
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Old 06-10-2003, 03:15 PM   #7
p00p
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Originally posted by Luc Duboi
you dont live in Ca . brother.
Who?
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Old 06-10-2003, 03:20 PM   #8
Luc Duboi
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Originally posted by p00p

me?
yes. you
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Old 06-10-2003, 03:22 PM   #9
Luc Duboi
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How do you know where I live??
I have 6th sense!
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Old 06-10-2003, 03:23 PM   #10
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I have 6th sense!
Edmonton, Canada baybee. Home of the Edmonton Oilers, West Edmonton Mall, and the ugliest hookers this side of Chicago.
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