Running a U.S. LLC as a non-resident is straightforward, but staying compliant with U.S. laws requires meeting certain annual obligations. This guide outlines everything you need to keep your LLC in good standing and ensure your focus remains on growing your business. 1. Federal Filing Requirements A. For Single-Member Foreign-Owned LLCs You must file two […]
General
Which US state is better for me?
Which U.S. State is Better for Me? The best U.S. state for your LLC depends on your business goals, where you operate, and your preferences for taxes, privacy, and compliance. Here’s a breakdown to help you decide: 1. Wyoming Best for: Non-residents looking for low costs and simplicity. Why? No state income tax. Low annual […]
How to file the Beneficial Ownership Information Report (BOIR)
Starting from January 1, 2024, a vast number of entities in the US will be obligated to disclose their beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). This legislation mandates these entities to submit their BOI to the Financial Crimes Enforcement Network (FinCEN) and to keep the agency updated on any changes to […]
Tax Considerations for Non-US Residents with a US LLC
As a non-U.S. resident with a U.S. LLC, there are several taxes you may need to consider, regardless of which state your LLC is registered in: Sales Tax / Gross Receipts Tax: Depending on the state where your LLC operates, you may be required to collect and remit sales tax if your sales exceed a […]
How to apply for Shopify payments
Login to your Shopify online store In the left menu click Settings and then General In the Store address section make sure to have your company address their and your company name used as legal name of business and the country is set to United kingdom. Once your store address is updated browse down and […]
How to withdraw money from your Stripe to your country
Withdrawing money is luckily the easiest thing to do in the world, but if you don’t know how we’ll show you how today. Well, Stripe can send you money to a EUR, GBP or a USD bank account, and to get one you have to sign up with services such as Payoneer or TransferWise, both […]
Taxes in the UK
Corporate tax in the United kingdom is 19% from the profit you make each year, click here to learn more about that topic. Profit is the revenue remaining after all costs are paid. These costs include materials, product costs, fees you pay, subscription fees, monthly salaries…
What’s The Payment Methods We Accept?
We accept TransferWise, Payoneer, Bank transfer or card payment (a 3% fee applies if you want to pay using your card) P.S. We don’t accept PayPal payments since they don’t accept our business model.
Can I Use The Same Stripe Account On Different Store?
We reached out to Stripe regarding this matter, and they responded with the following: You can use the same Stripe account for different stores/websites if they all fall under the same legal entity and share the same tax ID and business information. However, using one Stripe account for multiple distinct businesses may lead to confusion […]
Do I Need To Use A VPN To Access Stripe?
Short answer: No Long answer: You don’t need to use a VPN since we going to verify your Stripe account with your real home address, even if stripe doesn’t support your country, your real address will be used as home address, and the UK address we going to give your company gonna be used as […]