Recent content by Xshore

They seem to offer not just EMI account, but a whole company administration package, it's not clear if you have to use those services or not. The fees could quickly add up. And they have a percentage fee for incoming/outgoing payments to some/many countries.

What about webhooks, they have to point back to the website?

Just chiming in to say that US will not withhold 5% or 15% in the USA, that's for dividends and the llc income is not considered as dividends in the US, as it's a pass through entity.

Fatca does not report non interest bearing accounts. Also, income is generally not reported under CRS (apart from interest income), only Ye balances. However US might report the llc based on the 5472 form that you're required to file. If You don't live in your home country then the llc will...

By members do you mean owners (as members is a term usually used for LLC's)? Are you sure that the US will charge tax on a foreign company? Any link to this information? How would they even know if the foreign company change owner? And yes, there are US brokers that accepts non residents.

I don't understand all this talk about LLCs and trusts. Why isn't a single foreign company not enough to avoid estate taxes?

Wise does.

What the problem? To find a broker that accepts a foreign company? With a foreign company the US llc is not needed, as it is disregarded for taxes.

People seems to overlook that a llc is disregarded for federal taxes. So if you have etbus, you'll have etbus also if you sell via a foreign company (or without any company)

Easiest is to buy index funds listed in London

Change your foreign bank's mailing address to Thailand and use this statements.

I don't need to move my companies now, but would consider it if the situation was clear and fees not too expensive.

Emis are often registered in Singapore even when the currency held is usd etc. And many processors require to settle to a bank account in the same country as the company.

Directors fee are taxable if the company is tax resident from HK, even if the director is non resident. https://www.ird.gov.hk/eng/pdf/dipn10.pdf

I belive a directors fee of more than 150k hkd is taxable in hk. However a regular salary isn't. At least this was the case a few years ago.