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WY and NM don't have STATE tax reporting for LLC that own assets out of WY and NM. If your US disregarderd entity has non US income, you may still have to report them. You may not have to pay taxes on them if none of your income is connected to a US trade or business, but there is reporting at...

You could, but if you need multiple LLC, then go directly with a WY series LLC. You pay one price but have as many child LLC as you want under the parent LLC. In my case I have some NM LLC that are independent and not attached to the WY LLC. They are just anonymity shell for some registrations...

do you have any suggestion for a broker offering the same kind of features than IB that would accept an offshore company?

11 days :-((( There is no way that I can open an account anywhere in that time frame

my account was with Interactive Broker US.

I have a Belize LLC that was trading with IB for a few years and I receive the same email that they are closing my account. Looking for another broker... :-(

HSBC was letting you open foreign account through a personal visit to their local branch for a fee. For business account, you just need your POA to be willing to be listed on the account as a representative of the business.

I believe Transferswise will let you open the account (at least they were), but depending on your use, you may have some issue down the road...

The default max is $100 initially, but you just need to send them an email to unlock it. I have used Privacy.com for above $1k online purchases many times. However, I had many refusal when the store was not in North America. Even for less than $50 online purchase on a EU based store that was...

As a US person, it does not change anything for me. Except that I can use some strategies like the gifting exclusion to transfer each year a part of my membership interest estate tax free while keeping full control of it.

NM does not have good asset protection statutes. WY on the opposite has excellent charging order. I have however a few NM LLC for some operating entities that don't have asset. The main purpose of my WY LLC is asset protection and estate planning. Most of my US assets are under WY LLCs. My...

I do have a WY LLC with its own brokerage account at IB.

either google it or click on the link in the message :cool:

I have been using NEW MEXICO REGISTERED AGENT | $35 A YEAR but most of them are part of the same nationwide network of registered agent. Some will provide limited mail forwarding included in the price, some will not. The job of a registered agent in the US is minimum, and I don't know if there...

Also it is not because you don't have to file state tax in NM that you don't have to file federal taxes :-(

New Mexico does not requires annual state or tax filing if you don't do business in the state. When you open your LLC, your registered agent has to record your information in their book but they do not record it with the state. When I opened mine, I was never asked to provide any ID, I just...

I don't believe that anyone could subpoena your tax record during the discovery phase. Once you lost your trial, then yes you will have to disclose your assets. But even then, good luck to have a judgment enforced in an offshore jurisdiction.

No the setup is a little bit more expensive; But the original question was which one was better. Also, $100 a year difference is not negligible. I own over 12 companies and corporations in multiple jurisdictions. I spend over $5000 a year in maintenance fee. A few of them are in WY and in NM for...

New Mexico is cheaper (registered agent $35/year and $50 to open an LLC with no yearly filing fee). Wyoming has much better asset protection (charging order as sole remedy) but will cost $50 a year to maintain + around $50/y for a registered agent. Both of them have great anonymity.

Opening a WY LLC and getting an EIN online will probably take a few weeks but can be as short as one week if everything goes well. I have opened multiple WY LLC and once in a while there is a glitch that slow the process down. Opening a bank account can be done in an hour, but some banks may be...