Form 1040NR Guide: Income Tax Return For Non-Resident
Form 1040NR Guide: Income Tax Return For Non-Resident
As a non-resident of the United States, you are still required to file a U.S. tax return if you have an income from sources in the U.S. This is generally the case for those who are self-employed, own a company and have worked as an independent contractor in the U.S., as...
How do I get taxed as a non-US resident?
For non-U.S. resident business owners who run a business in the U.S., taxation might pose a major question. Since taxation is one of many indicators whether the investment in the U.S. is worthwhile, it is essential to understand how the U.S. taxation system approaches non-resident aliens.
In the U.S., citizens are not the only ones that have been paying taxes. In addition to the citizens,...
VPS US Located for Non-US Residents
Virtual Private Server which is abbreviated as VPS, which offers the ability to do everything you do on a physical server, is a highly preferred hosting service in the recent period.
Many virtual servers on the physical server are used as separate systems.
Each virtual server has its own dedicated operating system processor, disk, ram, and IP.
One virtual server is unaffected by the other,...
Delaware LLCs/Inc Nominee Service For Non-Residents
Nominee Services
Do you as a business owner, want to keep your privacy in relation to the public, but also want to keep full control over your company?
Then, you should definitely consider nominee services. Using nominee services does not only mean absolute privacy, but also a legal comfort. Keeping your name off the public records aside, you can also avoid or slow costly legal situations...
How to file 5472 Form as Foreign US Company Owner
In the past 2 years, most US business owners receive a civil penalty because they miss filing the 5472 Form. This fee is $10,000 and it’s a big deal to US business owners as non-US residents. If you received a civil penalty before, the IRS will waive your penalty for one time.
Basic understanding of 5472 Form and who must file?
– Reporting Corporation
A 25% foreign-owned U.S....
How To Obtain a PayPal Business Account as a Nonresident?
How To Obtain a PayPal Business Account as a Nonresident?
You can open a PayPal business account for your business as a non-resident, and you can keep on selling your items on eBay & Etsy, and your e-commerce platform. One of the most significant benefits of having a Paypal business account is that it is more common and its policies are more stable in the US when compared to other...
How to Open US Bank Account as a Non-Resident
As a non-resident, you are capable of opening Bank Account(s) in the US for your businesses without having an SSN or traveling to the US.
One of the first things that we recommend after starting a business in the US is to open a bank account for your corporations and LLCs.
What should I provide to open a bank account for my business?
Generally, most banks ask for the following to start...
How to Get a Tax ID for a Non-US Person?
How to Get a Tax ID for a Non-US Person?
The first thing after starting an LLC in Delaware and getting a ‘Certificate of Formation’ is to apply for a Federal Tax ID Number. It is also known as Employer Identification Number (or EIN) and obtained from the Internal Revenue Service (IRS). A form called ‘SS-4 Form’ should be filled and submitted to the IRS to get this number. There will be some...
Steps to Start a Business for Non-US Citizens
Starting a Business in the US
Being a US-citizen or having a stay permit is not an obligation to start your business in the US. You can start your business no matter where you live. You can also start your business in any state you want. Most of our clients who have started a business in the US are not US-citizens or not even living there.
Additionally, we do not even charge our non-US...
Common Mistakes Made Before Starting Business
It is entirely reasonable to make mistakes when starting a business. However, some errors may waste your time and money. Here we discuss four common mistakes made by start-ups so that you can see they are quite easy to avoid.
The State Where Business Will Be Started
Probably the most common mistake made by start-ups is choosing the best state to start a business. Delaware is traditionally...