I live in a country where Paypal is not available. Now, I'm running an online business and I'd like to use Paypal for payment processing, so I need a Paypal merchant/business account.
My idea is to start an offshore company in the UK - the company would have an address and a bank account in the UK - so I'm wondering if Paypal will allow me to open a company account using that address and that bank account, even though I myself am not a UK resident.
Any thoughts? The incorporation would cost me a few hundred pounds, and I'd like to avoid that expense if it's not gonna get me anywhere.