Incblog for Entrepreneurs

Covering entrepreneurship and business start up questions for non-residents and US citizens.

 

Jul 10 2023

IRS Regulations on Foreign-Owned Single-Member LLCs

by John Gordon | 20:07 GMT

Important Requirements US Foreign-Owned US LLCs Effective since January 1, 2017, Limited Liability Companies (LLCs) formed in any state of the United States or the District of Columbia, which are wholly owned by foreign persons and do not elect to be treated as corporations for tax purposes, are subject to certain IRS reporting requirements.  New […]

 

Mar 07 2023

How to Apply for an EIN as a Non-Resident

by John Gordon | 20:03 GMT

If you’re a non-US resident looking to start a business in the United States, you’ll need an Employer Identification Number (EIN). An EIN is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to businesses for tax purposes. As a non-US resident, it’s important to know how to apply for an EIN correctly […]

 

Jan 15 2020

Favorite State of the Union 2020: Part 2

by John Gordon | 18:01 GMT

#FavoriteStateOfTheUnion2020 Posting 2: How a “favorite” fits in with our setting-up process If you’re about to launch a venture in a foreign country, you had better have a plan, and do your homework in advance to have a chance at success. Over the past few decades of helping non-US residents set up US companies, we […]

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Dec 16 2019

Favorite State of the Union 2020: Part 1

by John Gordon | 20:12 GMT

#FavoriteStateOfTheUnion2020 – The Criteria For Choosing A State In Which To Set Up A Successful US Business As A Non-US Resident   “In the Middle East, the business capital of the world is the US, and the business capital of the US is New York. This is why I chose New York to set up […]

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