I've read multiple posts and discussions on this topic, but still have not reached the best option for me. As in previous cases, my structure is:
- Wyoming Single Member LLC
- US Bank account
- Personally, I do not have either SSN or ITIN
I'm aware Shopify under these conditions rarely approves Shopify Payments, as SSN is needed. Also getting an ITIN number is not in any way a guarantee. My issue is I created this legal structure thinking it was the best option for a foreigner to operate, but I'm now realizing this may not be the case. My goal is to have multiple online stores/brands and sell not only in the US, but worldwide. Inventory is something very possible, so I'm not going to follow the "dropship" model.
Shopify when disabling referred me to authroize.net (which doesn't accept me without a SSN) and EMB, which could accept me, but using an international bank who allows not having a SSN. This is not ideal because the deposits would be international to my US bank account, which costs and takes time. Not ideal. There are a list of other payment providers Shopify recommends for "the country you're in". My country is actually US, my bank is in US and don't have a banking solution elsewhere (I have a Payoneer account, and I don't want to use Paypal). I haven't found a good solution yet.
I'm looking for advice on payment gateways I could use that would work with my US bank account and current legal structure, alternatively, recommendations as to where to setup the company to be able to seamlessly work with Shopify. I've been recommended launcheese.com, which opens a UK LP. I've also heard of Estonia, Hong Kong as alternatives.