well i was holing to find a canadian institute for merchant acount ....not there has not been response i expected here at gfy

the state of nevada doesnot require residency to incorp ... it does not require citizenship to incorp.. it doesnt require declaration of officers..; shares announcement nor minutes of meetings. You just need a resident agent they will provide the address and telephone number ... for a fee.


filing off shore as a canadian.. usually sents up a flag with rev canada.. unless your making upper six figures.. its not worth it. why?

if your audited.. and they will say your income is world income, it would be converted from the currency of the current ie euros into cad and you will be required to pay tax on that new sum plus on the interest made on the account and the on conversion profit.

I would you consider speaking to accountants that specialize in this sort of stuff like enerst and young. People here on gfy are smart but you need to hear it from a licensed accountant.. that way.. if your audited.. you will have some weight say .. cpa mr black informed me of.... vs.. yeah the guys on a porn webmaster site said this.


I gave up my offshore stuff years ago ( isle of man) nice tax haven.
but you paid a high premium for their services.. ie.. low interest rates for certain currencies or small sum dep.. ie less than 50k

the nevada corp is a good way to go.. according to us can tax. treaty

as long as you file a tax return on one side of the border.. the other country is fine with it.. ie.. file canada.. its okay with the us.. file usa and canada is good with it.

advantages for filing in the usa.. less tax.. more deductions for a biz.. and far more advantages to take.. and easy access to you account.

most offshore accounts dont sent a month statement .. for multiple reasons..

so be wise.


as for the ozzie.. try vanatu island.. i understand that they are a tax haven.. and offshore friendly. otherwise.. i would say.. the same thing.. nevada.

how it helps

loxapinedreams
Thanks a for the very nice post.
I paid over 30k in income tax last year alone ro rev canada so i am not going offshore for that reason. I will pay taxes regardless even if my base is on moon.
i won't incarporate in US. Dont like the current state of things there and would rather set up in EU and pay much more.
Again I dont mind paying 20% commision either.......but need rock solid relaible parties. I am tired of small time processors folding up and dissapearing

bumpin....

hit me up on icq. 300171360

any other way of "hitting you" other than icq :1orglaugh

Do you have to pay tax in USA if you are canadian and get an USA LLC incorp in Delaware? Or you just pay the Yearly Delaware fee?

I just heard that GMBill is not taking on anyone new at this time.

motrinboy on yahoo

pay a lawyer

okie

anyone lese from Canada who knows anything about merchant accounts for adult webmasters???????????????????????????????????????? ????????????????

Have you not been reading the threads?

The only Canadian processor that might give you an account is Moneris. Call them up. I'm sure you have to be doing serious volume for them to even consider it, though.

chris
i doubt that the only canadian adult webmasters with adult accounts are the onles that are either doing more than 50k or are with moneris
i am sure there are many more options its just that somehow they have not shared their info

Honestly, the options are cut and dry. There are no Canadian banks that openly process high risk transactions. If anyone does, then it's done very quietly and likely only if there's high volume involved. People have murmured about Moneris but I've set to see a single site, big or small, processing with them.

If you're a Canadian who wants to accept Visa, you need to do it with an IPSP or a merchant account from another Visa region. To do so, you need to incorporate in said region.

Alternately, you can go with some of the fly-by-night companies that aren't Visa compliant. But then you run the risk of losing your cash like with Paymonde, Globill and a handful of other similar IPSPs.

In terms of merchant accounts, very few companies have their own merchant account for processing. Those that do are often the big guys who have the volume to justify it, and even most of them don't (take a look at the join pages for Gamma, Platinum Bucks and Braincash for example). In terms of cost-effectiveness, it's really not worth it to have a merchant account if you don't have volume. Canadians who have their own merchant account got one by incorporating elsewhere.

Judging by the response i got on this thread, you may be very well right.
it looks like options are severely limited

The other option that has not yet been mentioned is incorporating in the US or EU, with a partner (whom you trust!) who has citizenship in that region to be your "principle" representative with the IPSP. This then opens the door for CCBill and other solid IPSPs which have that requirement.

If you have a relative or a friend you can trust then I think this can be the best way depending on the circumstances.

actually Yes
this currently is the best and sort of permamnent option
but partnership is a slippery slope generally when free money for one partner is involved

This idea has been mentioned several times in the thread. Whether you do it through a friend or do it through a company that specializes in this type of setup, it's still the same.

Like RegUser said, partnership is dangerous. I'd rather pay my money to an established ccompany who specializes in this process.

yepp me too...I'd rather pay my money to an established ccompany who specializes in this process

I started another thread on this matter, and hoe CCBill needed to take the lead on this.
The responce from CCbill at that time was there was little interest from Canadian webmsters for the service.
I still refuse to believe they could not make it work somehow and that it would be finacialy viable for them.
They did mention they may re-look at it and I would urge anyone intereted in this to email them and voice your opinion.

I remember 2-3 years ago, CCBill was looking at the possibility of establishing a relationship with a Canadian bank for processing. I think there simply weren't enough webmasters with significant volume who were interested to get CCBill to pursue the idea.

that is true, thats what ccbill said at that time.
what apity that we are lefty with no choice
i wonder what choice adult webmasters from Asia have????
does any one know

That depends on a few things. First and foremost, these Visa regulations only apply to processing for customers in the Visa USA region. So if an Asian webmaster wants to open a site to Americans, he'd either have to find a processor based in the Visa Asia region, or incorporate elsewhere like we have to.

I don't think there's a significant amount of webmasters looking to market to the US are based in Asia. I know Deescash and Join Right Now are, but they're incorporate elsewhere.

ok. makes sense

ccbill wont be able to do it
canadian banks wont accpet adult
looks like we are left out !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !

I just spent weeks jumping through MANY hoops for Moneris and today was declined for having a teen section in my content store. They had already told me I wasn't doing anything on the prohibited list.

that is why i am not too keen on moneris.
merchant account for canadian adult web masters seems to be a dream too far

I was just rejected by Eurobill. They will only do subscription sites without your own merchant account.

thats not a bad thing bro...eurobill is not the best out there

now that they too are dead, did you find another one?

Hey Webby
I need to discuss offshore company formation with you as you seem to know a lot and most importantly are straight to the point.
Is there any icq or email address i can contact you at...for no more than 5 minutes I promise. I know what I want, what i need, just need some final clarifications before taking the plunge.

never heard from webby
but
how about the following processors...anyone using them?

2000 Charge - secure transaction services enabling web merchants.
4 Merchant - merchant accounts in multiple currencies.
Adult Card Processing - high risk merchant accounts.
Billing France - micro payments for online services.
Charge Me Later - increase sales while optimizing your conversion ratio.
EZ-Pay - credit card subscription processor.
Global Exchange Billing - additional billing options including 900 pin, international voice call, dialer and SMS.
GSPAY - merchant services account processing.
Merchant World - 3rd party solutions for your billing.
Money Bookers - international and no charge backs.
MS USA - merchant accounts.
Orion Pay - electronic money orders, no chargebacks, and adult sites welcome.
Paysite Cash - european credit card processing and acquiring.
Planet Processors - credit card processing worldwide
Pro Secure Payment - offers to high risk merchants the state of the art processing gateway.
Standard Pay International - payment processing for adult websites
World Wide Billing, Inc. - high risk credit card processing.

if any of above are dead or dont pay, pls let me know as well

Oh man oh man oh man I know a secret.

You Canadian guys just wait a little while...

w00t.

lawyers = good

GSPAY - merchant services account processing.
I have used these guys for mainstream ecommerce for the last year.
They payout on time and have support on msn which is good.
I am not sure if they accept adult or not.
Also if you still need help getting setup in the eu then icq me:
icq: 413-381-805

CCbill will now process for Canadian webmasters

listen to Chris..I've already exhausted every contact I have..and i have hit up every major bank and had my investment banking b/f even try to pull some strings.

You need to incorp outside of Canada and go from there. :thumbsup

since when??

few weeks now