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Be very careful with taxes. Both your home country and the USA will want to tax you, and I am fairly sure (not 100% though) you'll have to file taxes in BOTH co
by petervandijck 16y ago
Be very careful with taxes. Both your home country and the USA will want to tax you, and I am fairly sure (not 100% though) you'll have to file taxes in BOTH countries, using tax treaties to avoid paying double. This will mean you'll need to spend some money hiring a US accountant.
Question: what's the reasoning behind wanting to create the company based in the US? Is it for raising money? I assume you want to raise VC (since you're opening a C-corp, not an LLC)?
- middayc 16y agoThere is a tax treaty between us and our country. I plan on having an accountant in US too yes. I talked to one guy which has one in NY and pays aprox $400 yearly for a more or less pasive company. Q: It's not because of raising money primarily. Primarily it's so I get access to better payment options (google checkout, merchant's account, ..) and because product is focused on US market. I would want to open separate company for this project anyway, so I don't hold all projects inside my main company.
- petervandijck 16y agoThanks. Why do you not want to hold projects within your main company? Doesn't that increase your costs?