BUSINESS FORMATION & BANKING SOLUTIONS
Exclusively for non-U.S. residents.
LLCS FOR NON-U.S. RESIDENTS
- Forming an LLC in the U.S. can help you get access to payment & banking services.
- You do not need to be a U.S. citizen or resident to own an LLC in any of the 50 states.
- If the LLC has no U.S. presence or dependent agents, it is tax-free in the US.
LLC BASICS FOR NON-RESIDENTS
An LLC is a hybrid entity that can have the characteristics of a partnership or a corporation. When a U.S. LLC is owned by a single member, it is treated as a “disregarded entity” by the U.S. IRS. For two or more members, it is treated as a “partnership.” An LLC of any number of members, may also file Form 8832 to elect to be taxed as a C-Corporation at the 21% corporate tax rate.
For non-residents, it is often the simplest & most U.S. tax-efficient to structure oneself as a single member LLC treated as a “disregarded entity.” The owner is exempt from U.S. income tax (on active income) if the LLC does not engage in a U.S. trade or business.
All foreign-owned U.S. LLCs (including disregarded entities) with reportable transactions must file Form 5472 attached to Form 1120, a U.S. corporate tax return, annually by Apr 15. A partnership must additionally file Form 1065, a U.S. partnership tax return, annually by Mar 15.
BENEFITS OF A U.S. LLC
DO-IT-YOURSELF LLC FORMATION
Our e-book walks you through all the steps you need to form a U.S. LLC, register for banking, and payment services. It also provides you with practical information how to operate the LLC once it is established.
- Choosing the best state to form an LLC
- Hiring the best registered agent
- Why you shouldn’t get a P.O. box
- Apply for EIN as a non-resident ($200 value)
- Opening a U.S. bank account
- Opening a Stripe or PayPal account
- Selling on Amazon Marketplace
- Filing informational returns to the IRS
Avoid mistakes that may result in bank account freezes, PayPal limitations, or a costly IRS fine of $25,000. Consultants and attorneys typically charge $2,500 or more to form each LLC and open a U.S. bank account.
With the information in our e-book, you will be able to form an LLC for less than $200 to $500 each — depending on state. Once formed, the annual fee to maintain an LLC is as low as $50 to $75.
GUIDED LLC FORMATION IN SELECT STATES
Get concierge service from experts to form an LLC
and open a U.S. business bank account remotely.
Inquire about our pricing, including agent & state fees