[ari_]

Ahmed, The issue is not setting up the company - what Maro describes below is a long and unnecessary way for most small companies to start up an american company. It can be done for 2 - 400 just to form the company. If you are seriously contemplating VC, then you need lawyer. I would also agree with Maro about accountants :)

Anyway, the issue is that no merchant account will accept your US company, even if it has an EIN and a bank account, without a personal guarantee. And they won't accept a personal guarantee unless they can either: 1. Pull your US credit report (which you don't have) 2. Be assured you have some assets that are within reach of the US judicial system or 3. take a huge rolling reserve off of your payments.

I would strongly suggest using 2CO, Paypal to get started. Too often we get involved in the paperwork and other stuff without proving the MVP.

Good luck from due east.