Recent content by bdt

Interesting, looks like they still honor the old USSR tax treaty. Interesting source below: https://taxsummaries.pwc.com/united-states/corporate/withholding-taxes?utm_source=chatgpt.com

They'll pay out, but from what I understand, withhold 30% taxes. If the op doesn't mind about that then yes, he's fine!

No sadly, I've been researching this more and it looks like they get your W-8BEN and then treat that as a look through and look for ownership, and then withhold tax based on if that jurisdiction's tax treaties. Seems like Singapore (10% withholding), Ireland, Hungary or Malta might all be...

This wouldn't matter as I'm tax resident in CBI (eg 0% tax on worldwide income)

There wouldn't be a huge need - especially with the consultancy. With the online apps etc I might be the owner calling the shots but I'd be employing devs and staff (not in US). I guess it depends what the classify as ECI in this circumstances - can you take a few calls/ emails every now and...

Haha - SORRY! I did use AI to summarise everything as it felt a little unwieldy! Most of the perspective comes from the thread I tagged, although what I'm trying to understand is if there's any need for a company incorporated in another jurisdiction for the Wyoming entity to act as a passthrough?

Shout out to @JustAnotherNomad who gave me this idea initially! He discusses it more here: https://www.offshorecorptalk.com/threads/wyoming-llc-vs-uk-llp.47260/post-345068

Hey Everyone! A few months back, someone on this forum suggested a novel structure using a Delaware LLC with no US presence, and I’ve been digging deeper into making it work for both some consulting work I do back in in the UK, as well as app / SaaS income as I've recently wanted to get into...

Thanks so much for this! Shouldn't be an issue only taking a salary when I'm in a favourable residency location! Great advice about the consultancy too! I imagine this will be even harder given that I'm not a US citizen / resident? They normally ask for social security or ITN but I did manage to...

Thanks again for the recommendations. I suppose my wife will want me to ask, what happens when we move back to the UK? Is there a way to pass this through to another company perhaps in a favourable jurisdiction and leave it to accrue for the next time I'm based somewhere more favourably?

Not even yearly dividends? How else does one extract money from a company? Just as pay?

Yup, didn't know that and I can easily do quarterly if that makes it look less concerning, even halfly / yearly if you think it is needed?

thanks - I've had a look at your very detailed post and it's very intriguing (actually, I fell down the non-resident UK company rabbit hole, but I don't trust HMRC one bit haha). Will pick through it properly this week but just wanted to say I appreciate it - makes the US very interesting.

just want to say, I'm new here (haven't been living on an island), but that was the best post thread title and wildest read I've stumbled on in a while

Wow very good point - when you start to look into moving abroad and optimising strategies, you often do an all or nothing approach, whereas both the US suggestion and Cyprus show that you can potentially pick what works. I guess i need to do a lot more research as I was only starting to get...