Hellow guys, Welcome to my website, and you are watching Can a Foreign Owner of a US LLC pay ZERO US Tax?. and this vIdeo is uploaded by Offshore Citizen at 2021-02-01T04:30:05-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Can a Foreign Owner of a US LLC pay ZERO US Tax? |
| Video Uploader | Video From Offshore Citizen |
| Upload Date | This Video Uploaded At 01-02-2021 12:30:05 |
| Video Discription | Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://calendly.com/michael-rosmer?month=2021-03 You can visit our website for more information about us: https://offshorecitizen.net What Are The Taxes For A Non-Resident Owner Of A US LLC? If a Foreigner owns an American Company do they need to Pay ANY Taxes in the US? These are actually very common questions I get asked a lot. Even lawyers and accountants ask me whether Non-Americans need to pay US taxes when they open an American company. Is this something you should be worried about? How complicated this topic is? Today I'm going to answer all the possible questions you can have regarding this matter. Also, I'm going to point out some principles that can be used in other structures as well, so even if you're an American you could benefit from them. If you want to save on TAXES you're in the right place! In the US there is a variety of different companies, the most important two are the US LLC & C Corp C Corp will always be taxable in the US, so if you're a foreigner you're better off forming an LLC company. If you own a single-member LLC in the US it is considered a disregarded entity, meaning that it doesn't exist for tax purposes. This is similar to being a sole trader or a sole proprietor. Let's give an example. Let's say that I'm a dropshipper who is selling products all over the world. I'm based in Cyprus, and business is done completely online. If I set up a C Corp in the US it is very clear that the company will be taxable. But what if I have a US LLC? Will that company be taxable in my case? In order to be taxed in this case, I'd need to have a permanent establishment in the US. MY US LLC wouldn't be considered a permanent establishment. In my case, there is also a tax treaty between US and Cyprus. All this means that I am not liable to US taxes for my LLC. But what if there's no tax treaty between the US and your country of residence? Are you liable to pay taxes in the US? Short answer - you don't have to be! We'll need to dive into some definitions here, what we call ''effectively connected income'' and ''US trade or business''. If you don't have people in the US - employees or full-time contractors, sometimes referred to as a dependent agent, you SHOULD NOT be taxable in the US. Who are we and what do we do? We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc. We have lots of interesting articles on different topics, we have relevant information up to date. Author: Michael Rosmer Feel free to join our community! Don’t forget to subscribe to our channel https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1 |
| Category | People & Blogs |
| Tags | US LLC | American company taxes | US C Corp | Do foreigners pay tax in America | do I need to pay taxes if I own an American company | Do I need to pay tax if I have US LLC | digital nomad | us llc | amazon fba | dropshipping | tax freedom | us tax | offshore tips | offshore US | Delaware US | register a company in the US | Owning a Delaware company | Zero tax in the US | Zero tax America | non American | Non resident owner of an US LLC | What Are The Taxes For A Non-Resident Owner Of A US LLC? |
