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Recurring Billing Merchant Account for MLM

Discussion in 'Business & Tax Advice' started by yapaya, Mar 17, 2014.

  1. yapaya

    yapaya Newbie

    Joined:
    Sep 9, 2010
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    Hi there!

    I am setting up a VOIP product (so no pharma neither adult or gambling or forex), and I need a merchant account (which can include 2checkout, Paypal, etc.) to process a monthly flat recurring billing for a very small amount of money ($20).

    I was thinking an IBC in Belize or Panama (since I have direct access to), problem is that the payment processors that work with them usually do not accept recurring billing.

    Another option (and maybe another question) is the following one: a Wyoming/Delaware LLC - US bank account - Paypal Business Account. In this case (and considering that I am not US citizen neither I live in US) must I have to pay taxes to IRS???

    Thanks for any insight.

    Regards to all blackhatters.