Recent content by Fothermucker

No thanx. eek¤%& They would have to pay me instead :p

According to their website it looks like they do...

Can someone elaborate what's the KYC procedure like with Koalapay?

Same as OP https://www.offshorecorptalk.com/threads/wyoming-delaware-or-new-mexico-please-tell-me-whats-your-choice.30134/

States like WY, NM or DE don't have the best reputation because of anonymous LLCs . Does the same requirement shows when you try open a broker account with NM or DE entity?

FL is a popular choice especially among US residents for reasons of purchasing FL real estate and no sales tax. Formation costs are reasonable, slightly higher than WY. As far as I know, except for no anonymity there are no disadvantages to Florida LLCs.

There is NO requirement that your bank account has to be in the same state where your LLC is registered. You can start an LLC in WY or NM (for anonymity) and open a bank account for it in ANY state of your choice. Las Vegas, Miami or NYC are popular choices because banks there are used to...

Do Puerto Rico banks allow business accounts for foreign owned NM or WY LLCs?

Credit card without KYC in 2021 is the stuff of dreams. Like a unicorn it doesn't exist.

If your local indian bank allows third party payments to your personal bank account you can trade crypto for payments via bank transfers. Alternatively, buyers can send you cash by post for crypto. But I don't know how realiable the postal system is in India.

I never heard of a dealer license. You mean a resale or seller/reseller permit? Each state seems to call it diferently.. This is the best I could find for NM https://www.tax.newmexico.gov/businesses/non-taxable-transaction-certificates-nttc/ Maybe someone else could help you more..

Do you need to pay tax? Well the answer is no (in the US) and ... yes (in Italy). Under certain circumstances (If you have no offices, staff or warehouses anywhere in the US) you won't have to pay taxes in the US. US law states LLCs are pass-thru entities, meaning company profits = your...

Thank you for the link. Good stuff. Mauritius does look good

Hi Payoneer and Transferwise provide accounts with ACH routing numbers. Both are EMIs and not real banks.

Regarding filing Form 5472. If I start an LLC now, would I have file the 5472 by 15th April this year? nai¤%