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Full transcript below: Goutham: Hello, everyone. We’re just going to be getting started shortly, we’re just waiting for everyone to join. Hi, and good morning everyone, and thank you for joining. I hope you’re all well wherever you’re listening from around the world. I’m your host Goutham Bhadri, a current client of USA Corporate Services. […]

Important Change in How US Treats Foreign-Owned US LLCs Effective 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, will become subject to new IRS […]

For a foreign national looking to set up a business in the US, the choices of business entity to use look very confusing. Most of the free information about US companies is designed for US residents, and does not take into account the needs of non-residents. In general, however …

Every US person, including corporation, LLC, trust, partnership or anything or anyone that calls the US home under tax law has an obligation to report bank or financial accounts if the total of these accounts exceeds USD 10,000. The actual terminology used by the IRS is rather convoluted, but if you or your company is […]