Quote:
Originally Posted by chinainvest
It is very risky in my opinion.
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No doubt there is risk there to be considered carefully! But in .com.br you don't have a lot of choices unless you have a trusted partner who is a brazillian citizen. Westerners take a lot for granted regarding starting companies, but laws in many places are really less conducive to entrepreneurship. I started down this path once and decided not to invest in .com.br because of the judicial environment and the nature of corporations as legal entities in Brazil.
In Brazil setting up a corporation for the purpose of owning domain names is not that hard to do or expensive. But a corporation there is not the same type of ephemeral legal entity it is in the US, for example. You cannot simply close up shop and discontinue any ongoing obligations; liabilities and responsibilities continue long after the company has ceased functioning. Therefore it makes sense to use a proxy to register the domains for you, as long as you get to know the folks running the show, gain confidence in them and of course make sure to never bet it all on one horse! Just my opinion tho...