Recent content by canomad

yes the US LLC is disregarded/ transparent and not taxable in the US. is that all they will care about in the forms? they say Essential Management and Core income generating activities, is this me working on clients solutions or can this be stretched lol. thanks for the response a bit...

Dubai Entity is Invoicing the US entity for the entire amounts.

wondering what you think about my scenario. I am billing clients from a US LLC and then moving all profits to UAE LLC. Most of the work CIGA is outside of UAE. I have a a bit of contractors that work in Canada because my field is very specialized i cant find any workers outside of North...

Hi All, I am really hoping someone has some experience around this. My current accounting/corp partner in the UAE is saying I have to file ESR. I have a US LLC that invoices my customers, I then bill the US LLC from my Dubai LLC for all profits. Because of this, they are saying I have to...

I am wondering this as well. I have this set up with US LLC and my accountant is saying i have to file ESR as its a connected company. I really dont want to do this as my Core income generating activities are oustide the UAE. I may have ot make monthly trips and actualy batch my work

Hey just an update. My lawyer in New York said "again, a 1099 or a LLC owned by an individual or a foreign corporation would not be liable for tax if no operations physically in the US considering your situation. Your bank interest income is also taxed in your corporations residency country and...

So, what is the deal here, do I change ownership of My US LLC to my FZE instead of my personal name ? I am registered in Wyoming so I think I can just send a form and change ownership. This then puts me at a low risk of branch tax as per previous conversations . What is the UAE risk , does the...

Are you in services B2B by chance :)? Have you followed the past few posts? Any IRS issues that you encountered?

What do you think of this.. my client needs me to have professional and workers comp insurance. Any issues with having Insurance being considered ECI?

Hey, so with this form filled properly they won't withhold 30% tax when selecting the disregarded LLC on the form? Any references for how to fill?

Thanks, yes I am services only

I have already registered my freezone company and traveling in the next few weeks for visa. I hope I can update the freezone to be a branch of the US LLC and not have to set this up from scratch. That would be crazy. The other thing is , will the US be sending reports or my 5472 to the UAE...

Thanks and I appreciate that. Although I will have a UAE LLC I will not register that as the owner of the US LLC to be safe and keep in my personal name. I do have a few meetings a year in the US which I will rethink now, and my lawyers response to that was make sure to not sign and formalize...

I have also asked 3 lawyers so far they all say it's not us source income no ECI, no branch tax. This is really throwing me off what these guys are saying. I have another scheduled call with a diff lawyer now wasting money to rest my anxiety I have another call with a lawyer this week to...

Thanks for the explanation and detail. So firstly, a restaurant is a physical presence and clearly operating in the US. I would be doing remote work from abroad so this applies the same way ? If they submit a 1099 as a US supplier, because yes, I am invoicing them from my US LLC, the profit...