Y T Nuke  
Results 1 to 12 of 12
I am not in US nor a US citizen I found out most of companies ...
  1. #1
    NX_NULL's Avatar
    NX_NULL is offline nx_null
    Join Date
    Dec 2008
    Posts
    208
    Reputation
    18
    Thanks
    35
    Thanked 227 Times in 48 Posts

    Default Opening a Company in US ? Do I need to pay tax?

    I am not in US nor a US citizen

    I found out most of companies out there prefer to do business with a US company rather than some companies in Asia, such as Thailand or Philippine


    There are too many law firms that will open a company in US and provide a virtual office.

    My question is will I encounter with any kind of issue by using that company in my Internet business. Do I need to pay tax to US as I have opened a company there, Will I encounter with problems if I dont pay tax ?

    I am planning to visit US in future so I dont want to have problems in that country.
    -

  2. #2
    Roparadise's Avatar
    Roparadise is online now Power Member
    Join Date
    May 2011
    Location
    Depends on IP
    Posts
    588
    Reputation
    204
    Thanks
    798
    Thanked 545 Times in 378 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    The U.S. company is going to have to pay taxes on its profits,but you can reduce its taxes by setting up part of the company in the country you live in,or a lower taxed one such as switzerland,bulgaria,ireland etc. if the taxes are to high in the country you reside.

    http://www.cbsnews.com/video/watch/?id=7376848n

  3. #3
    NX_NULL's Avatar
    NX_NULL is offline nx_null
    Join Date
    Dec 2008
    Posts
    208
    Reputation
    18
    Thanks
    35
    Thanked 227 Times in 48 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Quote Originally Posted by Roparadise View Post
    The U.S. company is going to have to pay taxes on its profits,but you can reduce its taxes by setting up part of the company in the country you live in,or a lower taxed one such as switzerland,bulgaria,ireland etc. if the taxes are to high in the country you reside.

    http://www.cbsnews.com/video/watch/?id=7376848n
    What if my earning goes to a bank account in Malaysia

    Do usually US companies send money to other countries rather than US..

    For example I register and deal with them with my US company but when they want to pay me, I send my personal bank account in Malaysia,

    Do they pay or they obviously reject to send any payment
    I mean is it some thing strange , a US company with a Malaysian bank account
    -

  4. #4
    Join Date
    Jun 2011
    Location
    the bottom
    Posts
    813
    Reputation
    201
    Thanks
    1,071
    Thanked 374 Times in 180 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    I'm following
    Join IMCHIMP.com Exclusive Limited invitation Your New Business


  5. #5
    soyafan is offline Junior Member
    Join Date
    Nov 2010
    Posts
    154
    Reputation
    21
    Thanks
    799
    Thanked 108 Times in 85 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Am not sure you have seen this WSO its called American Business Launch

    This might help you

    Code:
    http://www.multiupload.com/70RMSVL45Y

  6. The Following 2 Users Say Thank You to soyafan For This Useful Post:

    healzer (10-09-2011), thinkinghat (10-09-2011)

  7. #6
    dizz's Avatar
    dizz is offline Elite Member
    Join Date
    May 2009
    Location
    Texas
    Posts
    1,927
    Reputation
    439
    Thanks
    1,874
    Thanked 1,456 Times in 526 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    read this and you will see whats coming for all of us.
    http://www.blackhatworld.com/blackha...tax-alert.html

    Dizz

  8. #7
    richelld is offline Junior Member
    Join Date
    Feb 2011
    Posts
    101
    Reputation
    14
    Thanks
    1
    Thanked 26 Times in 18 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    You could open a US company but your company is actually owned by the US government. Sending all the money to a personal account in Malaysia will be scrutinized and they may seize your US bank account.

  9. #8
    Roparadise's Avatar
    Roparadise is online now Power Member
    Join Date
    May 2011
    Location
    Depends on IP
    Posts
    588
    Reputation
    204
    Thanks
    798
    Thanked 545 Times in 378 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Quote Originally Posted by richelld View Post
    You could open a US company but your company is actually owned by the US government. Sending all the money to a personal account in Malaysia will be scrutinized and they may seize your US bank account.
    Are you high,or just being a smart ass when he is refering to a company regustered in the u.s.,not a government company like the usps.

  10. #9
    drax's Avatar
    drax is offline Junior Member
    Join Date
    Aug 2008
    Posts
    109
    Reputation
    10
    Thanks
    16
    Thanked 16 Times in 10 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Normally any profits are taxable in the country that its incorporated in.

  11. #10
    TNphoneman's Avatar
    TNphoneman is offline Jr. VIP
    Join Date
    Dec 2010
    Posts
    1,173
    Reputation
    341
    Thanks
    499
    Thanked 651 Times in 424 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Open a company here in the US and pay yourself out of that income as a freelancer. If there are any profits or the state requires sales tax then yes you will have to pay the taxes. It is not as hard as people make it out to be but you have to follow the rules. The company needs to be set up as a separate entity from yourself. There are many books on the subject and I recommend that you search there rather than this forum to get better information.

  12. #11
    neu009 is online now Jr. VIP
    Join Date
    Jul 2009
    Posts
    348
    Reputation
    16
    Thanks
    2
    Thanked 29 Times in 26 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    well you could have al customers pay your US copany. Then as expenses you send invoices from your home country - where you should have an official company. of course only makes sense if you pay less taxes there. The rest you will have to pay taxes on in the us (the company that is )

  13. #12
    NX_NULL's Avatar
    NX_NULL is offline nx_null
    Join Date
    Dec 2008
    Posts
    208
    Reputation
    18
    Thanks
    35
    Thanked 227 Times in 48 Posts

    Default Re: Opening a Company in US ? Do I need to pay tax?

    Quote Originally Posted by neu009 View Post
    well you could have al customers pay your US copany. Then as expenses you send invoices from your home country - where you should have an official company. of course only makes sense if you pay less taxes there. The rest you will have to pay taxes on in the us (the company that is )
    Will this trick work?

    If the company makes 100K revenue, am I able to invoice 99K of it outside USA and send the money out? it means I just pay tax on 1K ?


    Has any one done some thing like this ?
    -

AdStract


Advertise on Black Hat World

Similar Threads

  1. Need a Name for Gaming company...will pay $50!
    By BigBuddy in forum BlackHat Lounge
    Replies: 96
    Last Post: 06-05-2011, 08:37 PM
  2. Replies: 3
    Last Post: 04-24-2011, 04:47 AM
  3. need tax advice about 1099s willing to pay
    By joker3000 in forum Business & Tax Advice
    Replies: 3
    Last Post: 03-18-2011, 09:58 PM
  4. REQUEST - Non disclosure agreement template
    By headofideas in forum BlackHat Lounge
    Replies: 2
    Last Post: 09-07-2008, 08:26 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  SEnukeX SEO Software
Proudly Powered by Hostwinds.com Web Hosting Click Here For Exclusive BHW Discounts!

Cheap Web Hosting


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76