Depends where your business is registered. Different jurisdictions place different reporting requirements on business. Some jurisdictions require business resid

Depends where your business is registered. Different jurisdictions place different reporting requirements on business. Some jurisdictions require business residency and address. This guy needs to talk to an accountant who does this sort of thing rather than a lawyer. My recommendation is that if you will need to bill people online using credit cards, set something up in the United States if at all possible. Doing the paperwork yourself will save you a bit of cash as will opening your own corporate bank account. You will NEED a US-based bank account (not necessarily corporate) in order to set up a merchant account somewhere as anything but a high-risk company (which basically means you pay more for processing and find it more difficult to get a merchant account and access to a processing gateway). The major advantage of being incorporated here is that you can bill people in the name of your company, rather than as an individual. We are registered in the BVI. The setup is a dream as far as accounting and tax liabilities go for the organization itself, but it has been a major pain in the ass trying to get our banking affairs in order. It isn't as if you really save money with offshore companies until you are profitable anyway, and even after that you're still liable to treat corporate income as personal income until ownership is significantly diluted. If you're looking for an environment in which company books are essentially closed, it's not a bad call. If I were American, I would probably have registered in Delaware.