If you don't depend on Stripe nor PayPal a US entity will do very well for the most of us, it works together with Transferwise in most cases and depending on the owner of the US entity.
Wyoming, Delaware or New Mexico, please tell me what's your choice?
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I'm using Mercury with the debit card most of the time to pay for services and TW if I need to do an international transfer. I didn't try to open an account with a street bank since I knew it will be almost imposible to open one without going to the US
There was recently a thread about using a c-Corp for banking and a disregarded entity LLC to suck out the profits from the c-Corp.
But I’m not sure if transfer pricing restrictions could be an issue.
But I’m not sure if transfer pricing restrictions could be an issue.
The only reason is to save money, most of my clients have businesses accounts in the USA and they prefer to send money to a "bank" in the USA because that way they don't need to pay an extra. But to be honest I'm using it mostly because it was the only option I found with a debit card which is important to me since I need to pay cloud and computing services every month.
I created an LLC at the end of July to use in stripe, I am a foreigner, non-resident, I obtained the EIN and I am receiving payments in stripe without problems, I make the transfers to payonner and use my mastercard wherever I want. It is not to confront, I just want to clarify that what you are saying is wrong from my︀ position. regards
I have not deepened with PayPal due to lack of interest, the commissions are higher and the limitation to charge only in dollars, (in my country Argentina my clients cannot pay me with PayPal, I have already tried and no card worked) but I think I have I spoke to the support via chat and it is feasible to use the business paypal account with the LLC, but ... personally, for a lower commission and direct use of the credit card,︀ I see stripe as the best option.
I do not live in the United States, I do not have a US account, I am using the payonner bank account
NEW MEXICO REGISTERED AGENT | $35 A YEAR
NEW MEXICO REGISTERED AGENT | $35 A YEAR
there are three methods
1: fax, takes about 2 months
2: Post mail takes about 1 month
3: calling the IRS at the number provided for foreigners, this is immediate.
For the process of the LLC in addition to the registered agent there are sites that do the management for free
1: fax, takes about 2 months
2: Post mail takes about 1 month
3: calling the IRS at the number provided for foreigners, this is immediate.
For the process of the LLC in addition to the registered agent there are sites that do the management for free
payonner charges me a 1% commission to receive the money to my account, the advantage is that I have my mastercard card to be able to use it in an emergency, if I have the money in a US bank, it may not be so fast have the money, that is the reason .. for now I am like this, but as soon as I have time I will see to open a bank account pro and cons of this for me
3. PayPal will close your account when you reach a certain turnover; Stripe will too unless you use Stripe Atlas.
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