Recent content by FilipinoLawyer

You can apply for it yourself. Or you can ask get the same website forming your company to get the EIN letter for you.

I was able to open corporate accounts with Trynovel.com, Brex, Wise with no issue using the US LLC. I am also a non US resident. You should not have any issue as long as you have the formation documents and the EIN letter.

Alright. Hopefully mine too. I just decided to apply yesterday Are you using a payment processor/payment gateway with your Mercury account?

H How was your application to Mercury ? Was it approved?

Thank you. I invoice probably about 800 orders a month about $25 to $40 each order. Can you recommend somebody?

Hi thank you to this forum. I am almost decided to form a Cyprus company with a Cyprus lawyer. I just would like to know from you guys whether there is a way for me to do away with the expensive monthly accounting and bookkeeping services Would the use of software like quickbooks help me...

Yes, a non resident alien, who does not have any employee, and manages his business from his home country. But his clients are all from the United States. US clients order from the website and complete their payment using a payment gateway. All services are delivered from a remote place.

Is accurate that foreign owners of disregarded entities do not have to pay for the federal taxes on their LLCs ? But they have to pay those taxes in their home countries?

Hi I read about 5472+1120 for foreign owned disregarded entities. Would it be a good set up to establish wyoming LLC but keep an office in California

Most of my clients are from California. Initially, I thought it was a good idea. Then I started researching about the tax implications. I can tolerate the tax. its just the uncertainty of which documents to file and how much to pay for the federal income tax that is tough for me

Yes. However, I have not yet made my final decision

Yes, i was planning to set up California LLC before. Did my research. Found out that on top of the California franchise tax of $800. I had to pay extra fee if income goes up to $250,000. This does not include the federal taxes. I was not sure about the federal taxes though. Did you the...

I saw this post from our moderator https://www.offshorecorptalk.com/threads/list-of-banks-emis-payment-processors-and-btc-to-fiat-institutions.25398/ I would like to know if I incorporate a Cyprus company and include bank account opening as a service, which are they referring to EMI or...

These forms are for foreign owned disregarded entities, correct? Can I confirm if you also pay self employment tax for your LLC?

Yes please