Key Takeaways 1 You can own a US LLC even if you live outside the US. 2 Living in the US is not required to own an LLC. 3 Foreign-owned LLCs can have additional IRS filing requirements. 4 A nonresident alien cannot be an S corporation shareholder. 5 Owning an LLC does not give you […]
Key Takeaways 1 A US LLC is not necessary for every freelancer. 2 US clients do not mean you need a US LLC. 3 Tax and filing rules depend on your situation. 4 State fees and compliance add to the cost. 5 Check your local tax rules before forming an LLC. A freelancer living outside […]
Key Takeaways 1 You generally do not need a personal US address to form an LLC. 2 Your LLC needs a registered agent in its formation state. 3 Foreign addresses may be accepted for certain state and IRS filings. 4 A registered-agent address is not the same as a business address. 5 Virtual addresses may […]
Key Takeaways 1 You can open a US LLC while living in Pakistan. 2 Each state has its own fees and filing rules. 3 An SSN is not always needed for an EIN. 4 Your LLC may need to file Form 5472 and Form 1120. 5 You may still owe taxes or file returns in […]
Key Takeaways 1 An EIN may be available without an SSN. 2 Eligible foreign applicants can apply from outside the U.S. 3 “Foreign” or “N/A” may be entered on Form SS-4, line 7b when applicable. 4 Phone, fax, and mail options are available for international applicants. 5 An EIN does not give you U.S. work […]
Key Takeaways 1 You can own a US LLC while living in India. 2 Pick the state based on your business needs and costs. 3 A registered agent is required in the state you choose. 4 You may need an EIN and other tax filings. 5 Indian tax and foreign-exchange rules may also apply. 6 […]
Key Takeaways 1 Non-residents can apply to form a U.S. LLC. 2 State rules, fees, and filing requirements vary. 3 An EIN is free through the IRS. 4 Foreign-owned LLCs may have extra tax filings. 5 Forming an LLC does not give you U.S. work permission. 6 Check current state and federal rules after formation. […]