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  1. S

    Missed Filing Form 5472 and Form 1120

    Why do you want to register in California, read our best US States for Non-US residents here https://startfleet.io/guide/best-us-states-for-foreigners-to-form-an-llc
  2. S

    Missed Filing Form 5472 and Form 1120

    Read the articles in 26 CFR § 1.482-1(i)(7) you will see it includes formation and dissolution of the company Read the articles in 26 CFR § 1.482-1(i)(7) you will see it includes formation and dissolution of the company
  3. S

    Payment processor and cryptocurrencies

    Very risky business. Good luck!
  4. S

    How would you go about this?

    if you are doing above 100K yearly, it make sense to open an LLC and be taxed as a S-Corp.
  5. S

    Wyoming LLC owned by Seychelles LTD

    1) You need to check with your Cypriot accountant how would Cyprus treat profits from US LLCs. HMRC (UK) and the Canada Revenue Agency treats profits from LLCs as dividends. 2) But if you already have bank account at the offshore seychelles LTD, then this is a viable method. But you would need...
  6. S

    Missed Filing Form 5472 and Form 1120

    Paying for registered agent and company formation provider is reportable transaction
  7. S

    Wyoming LLC owned by Seychelles LTD

    Good luck finding reputable banks for your 0% offshore company, it's very hard, unless you are ready to put in a minimum deposit of $100K and above. Even if you are willing to put in the money, it still depends on your nature of business, jurisdiction of this offshore company, your nationality...
  8. S

    Set Up LLC in California and Apply for US MID

    1) Don't go for California. You will regret your decision. For a non-us resident, you have no reasons to register in California. You just need a Wyoming LLC 2) You do not need a nominee to have US bank accounts. Having a nominee will likely change your tax position. Unless this nominee is a US...
  9. S

    Living in a territorial country like Thailand + LLC. Good idea?

    Canadian LLP would need two partners, and the only "bank" you can get remotely is Wise.
  10. S

    How do you rate my structure?

    The fact that you are managing the company from Thailand makes Thailand the place of effective management of your offshore company. Of course you would have to pay for thai taxes. That said, if you are merely a shareholder/partner/member of the company, and the day-to-day management are done...
  11. S

    NRA creating a SM LLC in the US: any point in getting ITIN?

    This is very interesting. Technically, Wise should have to asked for the SSN and ITIN if no EIN are provided for a SMLLC. Anyways, there's a way to get a EIN quick. Our fastest record is 5 business days.
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    NRA creating a SM LLC in the US: any point in getting ITIN?

    Entering all 1s is not exactly good practice...
  13. S

    NRA creating a SM LLC in the US: any point in getting ITIN?

    No, you don't need to send the passport to the USA. Many providers (including us) can do this without you having to send the passport to IRS.
  14. S

    Does someone know this US based EMI ?

    PMed you
  15. S

    US LLC and form 5472

    CPA1 is correct, you need to file. The payment to the company formation provider is reportable. And of course, when you dissolve it too
  16. S

    New Mexico LLC with Mercury Bank Account, question about 5472 form and funding crypro exchanges

    When did you form your LLC? if you form in 2021, then you need to file Form 5472 before April 15th
  17. S

    What issues can arise if non-US non-resident alien opens US bank account with US address?

    I second this
  18. S

    Does someone know this US based EMI ?

    pm me we can help with novel
  19. S

    Blook - US Business Banking & Company

    should i submit ourselves? :D
  20. S

    Wyoming LLC vs Delaware LLC for a NRAlien app developer (Apple, Google)

    disregard that 8% sales tax thing in NM. Am fairly certain that the lawyer gave wrong info or did not have the complete understanding on the question. As for SaaS, try googling for "Treasury Cloud Transactions tax"

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