New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.

Answers

Payment processing question for Canadian business

Asked by: Jay  — 29 May, 2012

I’m a Canadian considering forming a startup that will collect funds on behalf of both US and international software developers – something similar to Kickstarter.com. I would like to be able to offer payment processing options that are currently only available in the US such as Amazon Payments and Google Checkout. Will a Delaware C corp allow me to do this or will I need a US citizen silent partner?

Answered by: admin  — 29 May, 2012

Dear Jay,

I don’t think you should have a problem using Google Checkout or Amazon Payments with your Canadian company. Check with those services which documents they require. Chances are they would want you to present them with an EIN, which you can obtain for your Canadian company without registering it in the USA.

In case you would decide you need a company in the US you might simply register it as a non??“US person. Finally, if they require Social Security Number of one of the owners (for credit history verification or any other reason) then you would need a US partner, but I doubt they require it.

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0