2 ms·

I set up the company where I live, not in the US. I can't imagine the trouble to setup an American company and bank account without living there. It was total

I set up the company where I live, not in the US. I can't imagine the trouble to setup an American company and bank account without living there. It was total liability too, otherwise I would have needed a board and accountant. But since the company had no assets (other than the invoice money for some days) or debt it was low risk.

iExploder 3y ago
this makes sense, however I'm thinking having setup a local US llc might be better for optics
- khuey 3y ago
  Setting up a US company is going to make your life far far harder than it needs to be from a tax perspective.
- nolok 3y ago
  Optics of your customer ? Maybe but not really, unless you're planning to lie or be vague about where you are located. Optics of your local tax office ? Definitely not, they're going to view you as trying to skip around local taxes.
- pavlov 3y ago
  Since you’re not resident in the US anyway, it probably won’t make any difference to the company hiring you. Most companies routinely pay foreign invoices. Basically, if you’re not in the US, they know they’ll have a hard time suing you. The LLC won’t help obscure that. If you go the US LLC route, make sure you understand the tax implications. Preparing your American tax return may be very expensive. (When I lived in NYC as a European expat, the paperwork for my private tax return cost several thousand dollars each year. American tax advisers who have experience handling foreign professionals know their price.)
- nivertech 3y ago
  ... or it mighty be worse