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Anti-money-laundering regulations in the United States have resulted in most payment processors refusing to service foreign-incorporated companies. If you expec
by trevelyan 15y ago
Anti-money-laundering regulations in the United States have resulted in most payment processors refusing to service foreign-incorporated companies. If you expect to collect credit card payments, your first consideration should be incorporating in a country where you will be able to process payments. If you are just looking for legal protection otherwise, the advantage of offshore companies are they're usually black book (no annual audits or requirements to maintain physical offices in-country) etc., so they can provide a convenient form of legal protection from lawsuits while being fairly cheap to operate.