How to Attain an LLC as a Foreigner in the USA and Start Living the American Dream, TODAY!
Many of my clients had NO IDEA how much they could save in taxes by starting a United States LLC or corporation for their business. It’s one of the best decisions you can make as a non-U.S. resident who has a successful business in your Country. If you live in Europe, the amount of taxes you end up paying back is nearly as much income as you’re already bringing home. Taxes in European Countries on private businesses can be as much as 50 to 60% of the income you’re making! For this reason, the American market offers incredible opportunities to make and save money on your business. But you don’t want to jump in without fully understanding essential information to set up an LLC in the United States. If you don’t educate yourself on U.S. tax laws and all of the steps it takes to start a U.S. corporation or LLC for your business, the transition will be much more challenging and may even be futile. This is why I’ve created a step-by-step guide on how to attain your LLC in the U.S. as a non-resident. Once you’ve completed these steps, you can begin living the American Dream (even without having an actual residence in America). Here are 6 Essential Steps You NEED to Know to Get an LLC in the USA as a Non-U.S. Resident: Choose the Right State for Your LLC The first and one of the most important steps is selecting the state in which you will register your LLC. Different states have different business regulations, taxes, and benefits. Some key factors to consider when choosing a state include: Some of the best states for foreign entrepreneurs looking to start an LLC include: It’s important to consult an expert to select the state that aligns best with your financial goals and business type. Hire a Registered Agent As a non-U.S. resident, you are required to have a registered agent in the state where you form your LLC. A registered agent is responsible for receiving official correspondence, such as legal documents, tax forms, and business-related mail. Your registered agent will ensure that these documents are promptly forwarded to you, keeping your business operations smooth even if you’re located outside the U.S. This is crucial for maintaining compliance with state laws. Create Your LLC Name Naming your business is one of the most exciting steps in the process. However, you must ensure that the name you choose is unique and complies with state regulations. Most states require you to include “LLC” in your business name, and your name cannot be identical to other registered businesses in your state. Be sure to check your desired name’s availability before proceeding. Apply for an EIN (Employer Identification Number) Your EIN is essentially your U.S. business’s “social security number.” It identifies your business for tax purposes, allows you to hire employees, open a business bank account, and file taxes. It’s vital to apply for an EIN online through the IRS website. While the process is straightforward, it’s advisable to work with a business professional to ensure everything is handled correctly. Without an EIN, you cannot legally operate your LLC or fulfill tax obligations in the U.S. Open a U.S. Business Bank Account Opening a U.S. business bank account is crucial for any foreign entrepreneur. Here’s why: To open a business bank account, you’ll need your EIN, proof of business formation (e.g., LLC operating agreement), a U.S. business address, and a valid form of identification such as your passport. File Your Taxes Correctly Once your LLC is up and running, the next step is ensuring that your tax filings are done correctly. As a foreign business owner, you’ll need to submit several forms to the IRS to remain compliant with U.S. tax laws. Most of these forms are due by April 15th of the following year. It’s highly recommended that you work with a CPA or tax professional to ensure accurate filings and avoid potential penalties or fines. The IRS forms you may need to file include: Hiring a tax expert will give you peace of mind, allowing you to focus on growing your business while ensuring compliance with U.S. tax laws. Ready to Start Your U.S. Business? Starting a business in the U.S. as a foreigner is a rewarding and fulfilling journey, but it’s important to follow these key steps to ensure you’re set up for success. Whether you need assistance with forming your LLC, obtaining an EIN, or navigating the complex tax system, TonyDuranteLLC and team can do the entire process for you as seamless as possible. If you’re ready to take the first step toward living the American Dream, click the link below to book a free 15-minute consultation call and discuss your business goals with us. [Insert Call to Action: Schedule Your Free Call Here] RESOURCES: Starting an LLC as a Foreigner: What Non-US Citizens Should KnowStarting an LLC as a Foreigner: What Non-US Residents Should Know | Bright!Tax Expat Tax Services
I 5 Moduli Fiscali Essenziali da Presentare per i Proprietari di Attività Non Residenti negli Stati UnitiScadenze e Come Compilarli Correttamente
Come proprietario di un’attività non residente negli Stati Uniti, è essenziale rimanere in conformità con le leggi fiscali degli Stati Uniti. Che tu abbia appena avviato la tua attività, ottenuto i tuoi numeri EIN e ITIN, o iniziato a generare entrate, comprendere i tuoi obblighi fiscali è fondamentale per evitare multe o penalità. Forse hai già presentato dichiarazioni fiscali in passato e hai affrontato delle penalità, o forse questa è la tua prima volta.In ogni caso, se hai lavorato o guadagnato reddito negli Stati Uniti nell’ultimo anno e vivi al di fuori degli Stati Uniti, dovrai presentare i seguenti moduli fiscali per quest’anno. In questo articolo, ti fornirò tutte le informazioni necessarie su questi 5 moduli fiscali chiave richiesti per i non residenti negli Stati Uniti con attività negli Stati Uniti, inclusi i termini di scadenza e come compilarli correttamente. Modulo 1 – 1040NR (Dichiarazione dei Redditi per Stranieri Non Residenti) Se sei un non residente negli Stati Uniti che ha guadagnato denaro negli Stati Uniti da un’attività, immobili o qualsiasi altra fonte, devi compilare il Modulo 1040NR.Questo modulo serve a dichiarare il tuo reddito statunitense ed è richiesto SOLO se hai guadagnato reddito negli Stati Uniti.Termine di Scadenza: 15 GiugnoScopo: Dichiarare il reddito guadagnato negli Stati Uniti Modulo 2 – Pro-Forma 1120 con 5472 (LLC di Proprietà Straniera) Per i non residenti negli Stati Uniti che possiedono una LLC con un solo membro, dovrai compilare il Modulo 1120 insieme al Modulo 5472. Il 1120 serve per la dichiarazione del reddito societario, mentre il 5472 fornisce dettagli sulla proprietà straniera della LLC.Termine di Scadenza: 15 Aprile (con Modulo 5472 allegato)Informazioni Richieste: Modulo 3 – 1065 (Dichiarazione di Partnership) Se la tua LLC ha due o più proprietari, dovrai presentare il Modulo 1065. Questo vale anche se un partner è un residente negli Stati Uniti e l’altro è un non residente.Termine di Scadenza: 15 Marzo (presentato elettronicamente)Informazioni Richieste: Modulo 4 – 8832 (Scelta di Classificazione dell’Entità) Per le società, il Modulo 8832 ti consente di scegliere come verranno tassati.Termine di Scadenza: 15 AprileInformazioni Richieste: Pagherai una tassa sul reddito federale del 21% sui profitti. Modulo 5 – 1099 (Reddito Misto) Il Modulo 1099 è per i proprietari di attività negli Stati Uniti che pagano dipendenti o appaltatori. Se paghi qualcuno per servizi o lavoro svolto, devi emettere questo modulo. Pagamento delle Tasse: Dopo aver completato i tuoi moduli, dovrai pagare le tasse dovute tramite il sistema EFTPS.gov (Sistema Elettronico di Pagamento delle Tasse Federali). Sebbene il sistema possa essere complicato da navigare, l’assunzione di un CPA può semplificare il processo e garantire che tutto venga presentato correttamente. Estensioni e Termini di Scadenza: Se non riesci a presentare le tue dichiarazioni fiscali entro il termine del 15 aprile, puoi richiedere un’estensione automatica di 6 mesi. Questo ti dà tempo fino al 15 ottobre per presentare e pagare le tasse dovute. Se hai bisogno di assistenza con uno dei seguenti servizi, prenota una consulenza gratuita di 15 minuti: [Prenota una chiamata gratuita ora] Homepage – tonydurante.us
The 5 Tax Forms You Need to File if You’re a Foreigner Who Owns a Business in the USA
Including Deadlines and How to Properly Fill Them Out As a non-U.S. resident business owner, staying compliant with U.S. tax laws is essential. Whether you’ve just set up your business, obtained your EIN and ITIN numbers, or started generating revenue, understanding your tax filing obligations is crucial to avoiding fines or penalties. Maybe you’ve filed taxes before and faced penalties, or perhaps this is your first time. Regardless, if you’ve worked or earned income in the U.S. over the past year and live outside the USA, you’ll need to file the following tax forms for this year. In this article, I’ll cover everything you need to know about these 5 key tax forms required for non-U.S. residents with businesses in the United States–including deadlines and how to fill them out correctly. Form 1 – 1040NR (Non-Resident Alien Income Tax Return) If you’re a non-U.S. resident who earned money in the U.S. from a business, real estate, or any other source, you must file Form 1040NR. This form reports your U.S. income and is required ONLY if you’ve earned income in the U.S. Form 2 – Pro-Forma 1120 with 5472 (Foreign-Owned LLC) For non-U.S. residents who own a foreign single-member LLC, you’ll need to file Form 1120 along with Form 5472. The 1120 is for corporate income reporting, while the 5472 provides details on your foreign ownership of the LLC. Form 3 – 1065 (Partnership Return) If your LLC has two or more owners, you’ll need to file Form 1065. This applies even if one partner is a U.S. resident, and the other is a non-U.S. resident. Important Things to Note: Form 4 – 8832 (Entity Classification Election) For corporations, Form 8832 allows you to elect how your corporation is taxed. Form 5 – 1099 (Miscellaneous Income) The 1099 form is for U.S. business owners paying employees or contractors. If you pay someone for services or work performed, you must issue this form. Paying Your Taxes: After completing your forms, you’ll need to pay any taxes owed through the EFTPS.gov system (Electronic Federal Tax Payment System). While the system can be tricky to navigate, hiring a CPA can simplify the process and ensure everything is filed correctly. Extensions and Deadlines: If you can’t file your taxes by the April 15th deadline, you can request an automatic 6-month extension. This gives you until October 15th to file and pay any taxes owed. If you need assistance with any of the following, feel free to book a free 15-minute consultation: [Book a Free Call Now] Homepage – tonydurante.us
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