Does Your Scotland Business Have A US Based Web Site?
Many businesses use dot com’s rather than local domains. There are many good reasons for this, particularly for businesses that are trading on the international scene. One of the awkward issues that needs to be addressed if you are trading with a US based dot com, is which laws do you need to trade under, your local UK and Scotland laws or the US laws where your site is hosted.
Generally speaking, if your business is registered here in Scotland then you should follow all local laws relating to business dealings. There are however situations where you need to be aware of laws as they relate to any business dealings through your web sites if they are hosted off-shore, in this case, in the US.
In the US, credit card laws are now changing. If you process any credit card transactions through an e-commerce site that is hosted in the US then you may be obligated to follow these new laws. Small Business Newz has the full story on what changes have been made. One line in the article is particularly true. Whilst changing how you process transactions may seem like a pain:
….losing the ability to process credit card payments or getting hit with fines seems worse, so try not to ignore it.
If you are using a third party to process payment on your behalf, it will be their responsibility to make the changes to comply with the new laws. You should still check to ensure that they are complying. You never know when something like this comes back to bite you.
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