sergiux1983
Registered Member
- Apr 17, 2010
- 95
- 37
So you need to travel there to open?
How to Set Up a LLC in USA for Non-Residents + US Bank Account (all sources shared)
- Thread starter aristocratic
- Start date
FutureHunter
Junior Member
- Nov 19, 2022
- 153
- 39
I have Instagram account with more than 400k USA followers. I need company for stripe to set up shopify.
I don't think that my revenue will be a big.
Is It bad idea to register LTD in UK?
I don't think that my revenue will be a big.
Is It bad idea to register LTD in UK?
FutureHunter
Junior Member
- Nov 19, 2022
- 153
- 39
This thread is so hard to understand what is right, so I will ask again.
I’m non US resident and I’m living outside of US.
I decide to register LLC for dropshipping on incfile.com in Delaware state
Package costs $339
It includes IRS form 2553
Delaware is free from taxes
After all of these do I need accountant who will help me to fill 5472 and 1120 forms?
I’m non US resident and I’m living outside of US.
I decide to register LLC for dropshipping on incfile.com in Delaware state
Package costs $339
It includes IRS form 2553
Delaware is free from taxes
After all of these do I need accountant who will help me to fill 5472 and 1120 forms?
web3venture
Power Member
- Oct 16, 2021
- 506
- 149
if the needs are something like Wise ,not hard to get the setup ready
Vlad2012
Elite Member
- Dec 28, 2012
- 1,824
- 725
So, to be really safe, the bank account must be in the name of the LLC and not an account in your name?
I did not understand well ?
Amaz0n
Senior Member
- Apr 9, 2020
- 845
- 720
You will have to pay state fees of $400 per year.
Incfile will probably offer you some? Otherwise there are services which do that for $200-300.
- Oct 9, 2013
- 3,471
- 14,452
You would never have an account in your name.. That wouldn't be a business account. It would be a personal account. There's no point having an LLC if your bank account is in your name.
But even with an account in the name of the LLC, banks will still notify the country of the account holder. They don't for C corporation bank accounts, because it's not a pass through entity. It's an actual taxable US entity.
Are you sure, Wyoming is anonymous , or am i wrong?
On seperate note does anyone know, what constitutes a write off in US?
Many who work with SEO uses paypal invoices which often has '' Order'' and name of bussines .
Others send Payoneer payment links,.
Does these kind of '' invoices'' are enough for to be write offs and can be paid from US company acc?
moonshine7000
Elite Member
- Mar 4, 2013
- 4,356
- 4,006
Only he US government,the state of Wyoming and the bank knows the owner behind the company.Having a company does not give you the right the break the law.
How did you got '' breaking the law'' from what i asked? I asked about anonymity in respect to other countries.
hi, wanted to ask where does notary fee pop up? Want to use the same service but i do not see such fee. Am i missing something ?
UniqueProposition
Newbie
- Apr 5, 2022
- 12
- 1
Is your PayPal account still active or did it cause issues? And did you use proxy to open PayPal account?
Tried Stripe?
Tried Stripe?
- Dec 31, 2017
- 3,515
- 2,685
Paypal asked for personal SSN to verify the account. I dont think will last long as im not a US citizen.
Stripe works fine.
John Jason
Newbie
- May 20, 2018
- 2
- 1
Great thread. Got all my questions answered.
But one,
Do I need to use any VPN to log in to my Paypal business account?
But one,
Do I need to use any VPN to log in to my Paypal business account?
APinkPanther
Newbie
- Apr 19, 2022
- 28
- 5
I thought we can open account with only EIN by contacting PayPal customer support.
APinkPanther
Newbie
- Apr 19, 2022
- 28
- 5
PayPal is asking for form W9 from me. How do I get one? Or I just download and fill the form myself with physical signature?
cybergold2
Newbie
- Jan 10, 2022
- 7
- 1
Please clarify with amazon: are you supposed to issue a W9 to one of your customers to whom you paid more than 600 USD in a tax year ? That does not make a lot of sense for dropshipping since your suppliers are outside the US and do not pay US taxes. Of course you can issue a W9 but it does not make any sense.
cybergold2
Newbie
- Jan 10, 2022
- 7
- 1
I am not sure what you want to say exactly.
1) disregarded entity
An LLC is disregarded as an entity for tax purposes if you select to treat it as a partnership.
If it is treated as a partnership, then the partners have to pay taxes on the LLC's profit.
That the partners pay the taxes is always the case in a partnership and independent of any warehouses they might have.
2) warehouses
Warehouses typically do not establish a place of business (subject you to tax liability in a foreign country).
To find out whether your entity has a US place of business you can look at the double taxation treaties
which in the case of the US you can find here:
https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z
Just picking a random country like France, the double taxation treaty provides:
Notwithstanding the preceding provisions of this Article, the term "permanent establishment" shall be deemed not to include:
(a) the use of facilities solely for the purpose of storage, display, or delivery ofgoods or merchandise belonging to the enterprise;
It is some time ago, that I did taxes, so I am very interested in feedback, i.e. whether something has changed.