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  #1  
Old 07-14-2008, 11:41 AM
seo4china
 
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Default LLC for non-US resident

We plan to set up a LLC in the US in order to be able to get involved in new business lines that require to be incorporated in the US, as well as getting an US merchant account. I have got a couple of questions:
1-Which states are best in our situation? Delaware & Nevada came up often due to the absence of state taxes, but I am not sure on that.
2-Can anyone recommend companies offering virtual office services for international clients in those states?
3-What are the US federal tax rates and are we subject to taxes on income generated from overseas if payment have been paid to the bank account of this LLC? We plan to open a HSBC US bank account through the branch in Hong Kong.
Your help is much apprciated
Patrick
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  #2  
Old 07-14-2008, 04:45 PM
pete
 
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Two sites you can check -

www.internetmarketingworx.com/valis

www.internetmarketingworx.com/myUScompany
.
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  #3  
Old 07-14-2008, 06:06 PM
David Staub
 
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When you have foreign ownership, the questions get a little complicated and you should talk to an attorney or tax accountant with international experience before you take any steps.

1. If you are not going to have a physical location in any state, both Nevada and Delaware are good choices, but there are also others. Also, Delaware does not impose a state or local sales tax, but does impose a gross receipts tax on the seller of goods (tangible or otherwise) or provider of services in the state. So it is not a simple task to pick a state.

2. Do you mean ACTUAL office services or simply acting as a registered agent?

3. Members of an LLC are taxed on the earnings of the earnings. The treatment of the recipient varies depending on the tax treaty between the US and the country of the LLC member's domicile. It turns on technical questions such as whether there is a "permanent establishment" in the US. In many cases we find that it is better for the non-US company to establish a wholly owned US corporation to act as a member of the LLC.

There are no cut-and-dried answers.
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  #4  
Old 07-18-2008, 08:53 AM
Kirk Ward
 
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Quote:
Originally Posted by seo4china View Post
We plan to set up a LLC in the US in order to be able to get involved in new business lines that require to be incorporated in the US,

... snip...

3-What are the US federal tax rates and are we subject to taxes on income generated from overseas if payment have been paid to the bank account of this LLC? We plan to open a HSBC US bank account through the branch in Hong Kong.
Your help is much apprciated
Patrick
Patrick,

You can get the US tax rates by exploring the IRS.GOV website.

Kirk
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  #5  
Old 12-24-2008, 09:13 AM
dcampbell918 dcampbell918 is offline
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Hi Patrick,

Delaware is definitely a good option to investigate if you are thinking about incorporating in the U.S. Check out this resource which outlines some of the benefits of incorporating in Delaware.

I hope this helps!
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  #6  
Old 03-15-2012, 10:18 AM
David Staub David Staub is offline
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Default Registered agent

Since you are not a US resident, you will need to have an LLC registered agent in whichever state you choose to form your LLC.
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Forum posts are not legal advice, are for informational and educational purposes only, and are not a substitute for proper consultation with legal counsel.
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  #7  
Old 03-15-2012, 10:19 AM
David Staub David Staub is offline
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Default Registered agent

Since you are not a US resident, you will need to have an LLC registered agent in whichever state you choose to form your LLC.
__________________
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Forum posts are not legal advice, are for informational and educational purposes only, and are not a substitute for proper consultation with legal counsel.
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