It looks like nice. How about taxation and do you have any company formation company recommendation?
It looks like nice. How about taxation and do you have any company formation company recommendation?Yes you don’t need to fill an annual report there in New Mexico but you still need to file IRS forms when the tax year ends just like with others states. Also the state annual report is not an issue since most of the registered agents do that for you by free.
About TransferWise, you can open one for all LLCs in US easily as long as the owner does not live in a country blocked by US’s gov.
About the accounting, you need to keep records but you are not required to show the data every year, is just to have a backup in case of an audit.
It looks like nice. How about taxation and do you have any company formation company recommendation?
Thank you very much, that part is clear.
So it's basically like in any other country, but do you know how often they check such records or know about one who had to provide such record to the tax office?About the accounting, you need to keep records but you are not required to show the data every year, is just to have a backup in case of an audit.
So it's basically like in any other country, but do you know how often they check such records or know about one who had to provide such record to the tax office?
Because I have heard a lot that most financial entities doesn't like New Mexico LLCs, I know there you only need to pay $50 once and then you don't even need to file an annual report/fee but is just because of the banking thing (and I know that Wyoming aren't easy too but at least I haven't had issues with fintechs). Also I made a mistake in my last comment, in Wyoming the annual fee is only $50, the $100 is just when you fill the LLC
Is that true you don't have to file anything with a New Mexico company? Someone here mentioned already it is possible to open a Transfer Wise account for such an entity. It looks like it is worth to take a close look at if privacy is granted and no accounting required.
| Wyoming LLC | $100 | $50 minimum | Annual, anniversary month | WY Secretary of State, Annual Report |
I use onlinetaxman.com, they normally charge $500 to fill those formsFinally eadeveloper do you use any account company for fill in form 5472+1120 or do it myself?
What’s the business type ? I applied with TW using my travel agency business ltd that i incorporated in the uk in 2020, account deactivated straight away and appeal refused.I incorporated UK LLP and used my UAE company as a second partner. It is working very well with TransferWise and Fire. Completely legal and zero tax solution
Now that the UK is out of the EU, I understand you don't need to charge VAT for transactions outside UK, right ?I incorporated UK LLP and used my UAE company as a second partner. It is working very well with TransferWise and Fire. Completely legal and zero tax solution
This company will receive payments from Google.What’s the business type ? I applied with TW using my travel agency business ltd that i incorporated in the uk in 2020, account deactivated straight away and appeal refused.
Yes it should be like that. Google based at Ireland.Now that the UK is out of the EU, I understand you don't need to charge VAT for transactions outside UK, right ?
Which documents did you have to provide for your UAE company?I incorporated UK LLP and used my UAE company as a second partner. It is working very well with TransferWise and Fire. Completely legal and zero tax solution
It depends on the company type in the UAE. All of them different documents: Mainland companies, FZ companies, offshore companies, etc...Which documents did you have to provide for your UAE company?
What documents do you feel would be needed if the UAE partner of the UK LLP was a RAK ICC (offshore). Due to TW changes need to re-structure.It depends on the company type in the UAE. All of them different documents: Mainland companies, FZ companies, offshore companies, etc...
I tried to call them and wrote to their e-mail but nobody answered. May be they have been closed forever ?I use onlinetaxman.com, they normally charge $500 to fill those form
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