What is the absolute list of requirements for low corporate-tax US jurisdictions?

[ordoseclorum]

I'm talking about Delaware, New Mexico, Wyoming, Nevada.

Everyone seems to flock away and run-off when these jurisdictions are mentioned because they are based in the US and the IRS is 'scary' in some way or another. Just like UK LTDs are actually a not a bad vehicle for those in non-EU countries with territorial taxation, shouldn't these US jurisdictions be good vehicles for those that don't have a US residence and don't sell in the US?

What are all the filing forms and fees that have to be paid when you own a company from these jurisdictions? What are the caveats for a UK tax resident?

 

[Martin Everson]

ordoseclorum said:
What are all the filing forms and fees that have to be paid when you own a company from these jurisdictions?
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For a simple UK company setup guide you can see the link below.

https://www.offshorecorptalk.com/threads/countries-with-cheap-maintenance-fees.25940/

ordoseclorum said:
What are the caveats for a UK tax resident?
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Are you saying you are UK tax resident? If so not sure what caveats you are looking for?

P.S I can't help you with US. However I am sure someone else here can help.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[ordoseclorum]

Martin Everson said:
For a simple UK company setup guide you can see the link below.

https://www.offshorecorptalk.com/threads/countries-with-cheap-maintenance-fees.25940/


Are you saying you are UK tax resident? If so not sure what caveats you are looking for?

P.S I can't help you with US. However I am sure someone else here can help.
Click to expand...

Yes I'm a UK tax resident.

Thanks for the link! However, it is about US companies and I'm looking to find more info on US companies in Delaware, Wyoming, Nevada, or New Mexico. Many service providers decide to conveniently leave out the IRS filing requirements that these jurisdictions entail, so its all a little bit murky out there.

Also: I will be a Panamanian tax resident by the time I decide to take profits out of the corporation, so no CFC laws will apply

Last edited: May 7, 2020

 

[onemansomewhere]

ordoseclorum said:
Yes I'm a UK tax resident.

Thanks for the link! However, it is about US companies and I'm looking to find more info on US companies in Delaware, Wyoming, Nevada, or New Mexico. Many service providers decide to conveniently leave out the IRS filing requirements that these jurisdictions entail, so its all a little bit murky out there.

Also: I will be a Panamanian tax resident by the time I decide to take profits out of the corporation, so no CFC laws will apply
Click to expand...

IRS is a federal authority. Filling in a federal level is absolutely the same for each of US states. Small differences are just between info sharing in a state level to the IRS. The difference was little but important in timew, when there was absolutely no filling with the IRS when not having any income from USA. In this times, every one US LLC is required to file a returs with IRS. All LLCs has the same rules. Does not matter in which state you incorporate.