I have been using stripe without problems since 0 hour ago 45 days with payment and withdrawal income, I have spoken with the support and they confirm that I have everything in order, because you say that they will close the account if I do not use Atlas ?. Atlas is only an option but if the LLC is well established with the supporting documents I don't see the problem. can you clarify?
Wyoming, Delaware or New Mexico, please tell me what's your choice?
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Wrong, a foreign owned LLC can not get a EIN by phone. It's only possible by mail and fax (fax is way faster).
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I have done the whole process of creating my LLC myself, and it took 1 week after watching thousands of videos and reading a lot. I tell you that it is possible to do it by phone here is the number and the attention is in English and Spanish
I have done the whole process of creating my LLC myself, and it took 1 week after watching thousands of videos and reading a lot. I tell you that it is possible to do it by phone here is the number and the attention is in English and Spanish
That's a really good new, when I created my LLC a couple of years ago I had to apply by fax because when I called the IRS they told me that I needed to sign my SS-4 and send it to them by fax or mail (took me less than︀ a week to get my EIN by fax if I remember well)
This was always the case, but they would normally close the account after a while when they review it. Even when support says it ok, those are not the same people that work in compliance.︀
Good for you if it work, but I wouldn't get too dependent on the account.︁
Please report back after a couple of months more, and after you've done some volume.︂
Good for you if it work, but I wouldn't get too dependent on the account.︁
Please report back after a couple of months more, and after you've done some volume.︂
Wyoming LLC to start out and then switch to a Delaware Inc when you're ready.
Though if I knew then what I know now I never would've opened in the US to begin with. The taxes are INSANE. Thank God I found out about the BVI otherwise I don't know where I'd be. See if you can achieve your goals by opening up overseas.
Though if I knew then what I know now I never would've opened in the US to begin with. The taxes are INSANE. Thank God I found out about the BVI otherwise I don't know where I'd be. See if you can achieve your goals by opening up overseas.
Its a question with no answer. The official answer is that it is funds sourced from the US as the service provider is in the US (tax applicable). But of course the products or service is not US based nor US customers ( non taxable).
Unfortunately its an argument that may arise if someone has had a bad day and wants to take it out on you.
A good CPA will guide you through what you need to have ready when they ask.
Unfortunately its an argument that may arise if someone has had a bad day and wants to take it out on you.
A good CPA will guide you through what you need to have ready when they ask.
I think there is one exception from this, which is when the LLC is owned by a corporate entity. Then there may be branch office tax. But I have to admit I didn’t understand all the details.
So with no ECI, no branch office tax?
But still a bit more reporting requirements than if the LLC member was an individual?
But still a bit more reporting requirements than if the LLC member was an individual?
Doesn't the compliance costs (accounting, forms) dwarf the registration and franchise fees discussed in this thread?
No, US LLC’s (treated as disregarded entities) are some of the cheapest entities to run if you’re not a US person. It’s probably $500-1,000 a year all in if you don’t lift a finger yourself.
I see the attraction, but just those two forms is a lot more than what a UK ltd (treaty non-resident) requires. With a $25.000 minimum penalty for late filing I feel like the expected cost of such a setup is higher than what you say.
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