Anyone have info on what's involved in establishing a virtual presence in Bermuda ?

http://verisign.com/products/payflow/international/index.html

Using Offshore Acquirers
Another means for a merchant to process through VeriSign is to establish a business presence in Bermuda. This is typically a more cost-effective process than establishing a presence in the U.S., and provides a tax-neutral environment. A business can establish a presence in Bermuda either through incorporation in Bermuda or through the establishment of a virtual presence. Whether your company is a small start-up or an established business with substantial revenues and processing requirements, the business friendly international environment of Bermuda offers a cost-effective and efficient platform to process your e-business.

If you are interested in incorporating in Bermuda, or in establishing a virtual presence known as an "eSuite", please contact the Bank of Bermuda and oeBusiness by filling out their web form located via the link below. They will explain to you how you can qualify to process offshore. Please let them know you are interested in working with VeriSign as your payment gateway provider


Anyone done this ?

never mind it looks great but US$2000 min per annum fee for establishment in Bermuda using eSuite is a bit too much for me :(

http://www.oebusiness.com/htm/esuite.htm

http://www.oebusiness.com/htm/esuitefaq.htm