Wyoming VS Delaware VS Hong Kong VS Others for eCommerce?

[Lucas32]

Do you think US LLC is a good option for︄ my situation with Tax residency in Algeria (a country with anarchical Tax agency, Basically they︅ dont care about foreign tax because no communication with other countries, and has no CRS︆ but DTA with USA)

Same business selling products on Amazon marketplaces (US-EU) and own online︇ store.

2nd question, What kind of forms as a non US resident with LLC should︈ i fill ?

Better UK Ltd ?

 

[dany]

As you can read in hundred of other threads here on the forum a US‌ LLC is taxed where the owner lives. In your case it doesn't matter so it‍ is a good option for you to setup a Wyoming, New Mexico or Delaware company.⁠

 

[JonnyStekkino]

Anyone had experience with EMI's and Payment Processing (Stripe, etc..), no Issue for non US‌ residents?

 

[ATNTESTING]

Hello, just quick update. I am moving forward with Bizee. It's been recommended by a‌ friend and so far it looks good and much cheaper and professional that what I‍ saw before. I estimate around 1000 usd of annual compliance costs.

 

[covid]

I use it and it's decent. Just keep in mind you still need to⁤ submit a few forms on your own every year or make sure your accountant does⁣ it.

 

[Clank]

For Belize I suggest apintertrust, they charge around 500$ for formation including all first⁤ year costs.

 

[ATNTESTING]

I assume the registered agent will guide me with this.⁠

 

[covid]

I never spoke with them lol, I'm not sure if you're able to. But ask‍ Bizee support if you can, or maybe they can assist.

For my situation, I sent⁠ form 5472, 1120, and another form stating that it's a disregarded entity. There are some⁤ guides online that show you how to do everything, but it's best to have a⁣ professional do it just in case.

 

[ATNTESTING]

Thanks for this info!⁣ I'll ask them!

 

[MarkusCostigan]

Exactly. Thanks for clarifying.