Hi
Let's say I'm a German citizen and resident and I open USA LLC company (the customers are from USA and they demand me to operate as a LLC)
(Germany or any other European Union country, just an example)
As I understand I would need to pay CIT and income tax in german rates
How about accounting, as I understand I would not be able to use a program like quick books and I would need to act in accordance with german regulations?
So basically it would be a german company with extra hassle of dealing with USA, paying the franchise tax, etc?
Thanks
Let's say I'm a German citizen and resident and I open USA LLC company (the customers are from USA and they demand me to operate as a LLC)
(Germany or any other European Union country, just an example)
As I understand I would need to pay CIT and income tax in german rates
How about accounting, as I understand I would not be able to use a program like quick books and I would need to act in accordance with german regulations?
So basically it would be a german company with extra hassle of dealing with USA, paying the franchise tax, etc?
Thanks