Recent content by covid

Anyone get citizenship yet?

Do you still do this? What fee? Any minimum volume requirement?

It's in the grey area. The game creators could argue that I'm infringing on their copyright, but it's been years and they haven't sent a cease and desist or anything. Currently working on a solution. Some more mainstream processors can work if you do $50k+ per month in sales.

It's also possible that they got grandfathered in or made a special deal. They never responded to me when I was trying to get in contact with them... Really annoying.

I never spoke with them lol, I'm not sure if you're able to. But ask Bizee support if you can, or maybe they can assist. For my situation, I sent form 5472, 1120, and another form stating that it's a disregarded entity. There are some guides online that show you how to do everything, but it's...

I use it and it's decent. Just keep in mind you still need to submit a few forms on your own every year or make sure your accountant does it.

I'd be looking to keep the deposit below $3k

I'm looking for a good card to use while traveling that doesn't have foreign transaction fees, yearly fees, etc. Any good offshore bank accounts that come with a card like this? This is the type of thing I'm looking for, but it only works for Canadian residents (which I won't be soon)...

BITCONNECCCC I'm in ecommerce

What kind of business would you do in Russia?

US LLC + Mercury + Stripe. You could also look into getting an account with Chase (someone here was talking about how you can do it with no visit) and a better payment processor like Adyen or others.

How is it going now?

From what I've seen, they either got into Stripe or similar processors years ago and never closed down (so grandfathered in), or they have high volume and use one of the very few solutions that accept this industry. And some of them seem to have cloaking setups. What do you mean?

I'm selling digital products in the video game industry, rejected by all processors because of copyright issues. I found two processors that seem to allow this industry, but only for higher volume, I think it was $40k+/month. I'll be doing ~$2-3k/month in sales to begin with, and maybe scale...

If you select this, and you have US customers and suppliers, your non-resident US LLC still is not liable for US tax. Correct?