What about if I set up a German holding company that owns the Wyoming llc ?
I just want to be able to legally earn money in the us easily. I’m ok with paying taxes.
But if the company makes no profit, what’s to tax? Because I’ll be paying out all money to myself, and will pay income tax on it.
that’s what I expect is how it works
I should mention I am not a US citizen, so would not be liable for US taxes right? just the LLC tax, which would be 0, and my own personal income tax here in Germany.
at least that's how it all works in my head.
Im planning to use the company to passthrough US sourced income - as thats where most of my business is located. So the company will essentially have no income, as I'll pay myself as a contractor - and pay taxes here in Germany.
Another bonus is that its easier to setup than setting up a...
I am thinking of forming a Wyoming llc. But are unsure of how federal taxes work. I am living in Europe, and will be doing business with us based companies.
i will pay myself as an independent contractor, and obviously pay personal income taxes here in Europe.
But is the llc taxed on each US...
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