Comments on: Accepting Credit Cards Online

By: Pelle

Pelle — Thu, 13 Jul 2006 09:14:41 +0000

What about international? Did you have a US bank account? Most of the places I have seen make it a bit difficult for non US businesses, where PayPal actually makes it pretty easy for those of us in Denmark.

By: Lars Pind

Lars Pind — Thu, 13 Jul 2006 09:14:41 +0000

True. All the things I’m working on are based in the US.

Do you know if it’s hard to setup a business in the US even if you live in Denmark? I have people on the other side to talk to the banks and such for me, so I don’t really know.

By: Pelle

Pelle — Thu, 13 Jul 2006 09:14:41 +0000

It’s pretty easy to setup a Inc or LLC and get a federal tax id, but opening a bank account may be a bit more tricky without actually visiting the US. You can probably do all of it online if you set up a US maildrop.

By: Lars Pind

Lars Pind — Thu, 13 Jul 2006 09:14:41 +0000

They’re usually not averse to making money, and at least when I lived in NYC, Chase would gladly charge $10/month just for the privilege of having an account.

Alternatively, I was thinking one could perhaps set up shop in the UK, where, if I’m not mistaken, you can also get limited liability for less than the 125K DKK that is required in Denmark, no?

Don’t know about payment gateways and merchant accounts there, but I’d imagine it’s better than here.

By: Lars Pind

Lars Pind — Thu, 13 Jul 2006 09:14:41 +0000

Btw, Chase also sent my statements to Copenhagen after I moved back, and until I finally closed the account after I got sick of just seeing my balance dwindle with each monthly statement. Oh, do they make Danske Bank look like philanthropists.