Before you do anything, go talk to the bank you want to do business with. I formed 2 companies in Delaware for gentlemen living in the Caribbean and getting acc

Before you do anything, go talk to the bank you want to do business with. I formed 2 companies in Delaware for gentlemen living in the Caribbean and getting accounts opened was a nontrivial task. Can be done, but line it up first. Same thing is true for your merchant account. Once you jump those practical hurdles the next question is tax. Are you "doing business" in the US or not? This is going to drive your US tax exposure. This is at a Federal level as well as state level. Once you understand the tax implications -- then you probably form the company and start making money. Consider also the overhead of having the Delaware (or other location if preferable) corporation. I figure you should budget $3,000 per year in overhead to keep it afloat. Filing fees, accounting fees, legal fees, etc. That's with minor business operations.