Will Corporate Credit Work For Someone Outside USA, UK and Canada

Will Corporate Credit Work For Someone Outside USA, UK and Canada

Yes, no matter where one is in the world - anyone can build corporate credit! Of course a student outside North America may need to be more selective with the vendors used when building corporate credit, such as verifying they ship internationally to one's location. Additionally, be aware that it is best to obtain a virtual office address in one's own country or extremely cheap space for rent. While using a home "office" address is ok, it will limit the amount of credit obtained by ~30%. Despite this, even students using a home address should be able to qualify for $50,000 in corporate credit within 6 months.

SHIPPING FOWARDER: There are also numerous shipping forwarders that will ship a package from the origin destination (e.g. USA) and send it to any other country for a small fee. This is a great way to work around vendors that may not ship to a specific country.

UK, CA, AU & NZ DIFFERENCES: During bankruptcy one cannot be a company director for any company until the bankruptcy is discharged. If one is the sole director, then the company will be liquidated (shares, assets, etc.) and the Official Receiver takes over or the courts may appoint an insolvency practitioner. After the bankruptcy is discharged one may create or be a director of another company immediately thereafter.

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