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Recent content by Chontango

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    Question Tax aspects for a US LLC owned by a holding company abroad

    Hi everyone, The question is about a US LLC that does not perform any work in the US (and correspondingly does not have any "effectively connected income" from a US perspective). When it is owned by a private person, that person is liable for tax in his/her jurisdiction, so far everything is...
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    Opening a bank account in the USA for a foreign company

    Remote opening for non-resident seems so far really not feasible for a high-street us bank (there might be options I haven't found out but this is my current experience). However, once your LLC is opened and you have your EIN, it looks like (I haven't been so far yet in the process) there is...
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    Opening a bank account in the USA for a foreign company

    It looks like really the easier thing is to open an LLC in the US rather than trying to obtain a EIN for my foreign company. I'm exploring that avenue right now. Thanks for everyone's contributions,
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    Opening a bank account in the USA for a foreign company

    Thanks for the suggestions. I'll give a try to Mercury Bank today. Transferwise does not fly for me, I need a real bank, not an EMI and Zenus does not seem to operate yet. For high-street banks, I tried Chase and they were requiring a US proof of address for myself & US registration for my...
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    Opening a bank account in the USA for a foreign company

    Hello, Does anyone have any experience opening a bank account in the USA for a foreign company, not registered in the USA, hold by a non-US person, who does not have any ties to the USA (no SSN, no physical address in the US). Any banks that you can recommend?