Recent content by gymnopedist

Agreed, but the transfer of assets to and from the LLC that you describe would be reportable transactions, so you would have to file form 5472. If Australian authorities don't like want they see, they can report the transactions to the IRS, but without UBO the IRS would not even know if the...

I guess it all boils down to tax information agreements. You could have as many companies as you like and if the tax authority of the country your companies are resident in do not know you, or you are able to claim to be resident in a tax free country, you will be left the f alone. But this is...

There have been a couple of changes to uk companies that make them less attractive. There is a new filing requirement with corresponding fee: confirmation statement, and there is the PSC. No UK provider is going to offer nominee services unless they just want to rip you off. So the only option...

high cost and afair with public records

Thanks for replies. For the simple activity I need a company for, 600 USD for limited liability and public registry avoidance is too much. It seems UK companies could be a valid cheaper offshore option, for non UK residents. But if you were UK resident you could still use a non-UK resident...

Do you have any source for that? not doubting it, just unable to find a source. Income taxes abroad Add China to the list of suck-most countries/citizenships.

I was about to register a company in Wyoming, when I found out that I would be liable to filing IRS Form 5472, attached to a pro forma Form 1120, which implies getting USA tax identification numbers for both the company and myself (I am not from the USA and I dont think I will ever go there...