Comments on: Delaware LLC for nonresident. What the tax? http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm Mon, 13 Feb 2012 23:00:23 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Been there, done that http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm/comment-page-1#comment-1353 Been there, done that Sat, 17 Oct 2009 08:55:50 +0000 http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm#comment-1353 Delaware does not have sales tax, true, but they do impose a yearly franchise fee (tax) on LLC's. You can find out more about it on the Delaware Division of Corporation's website: www.corp.delaware.gov You will also need to have a registered agent in the State of Delaware, since you do not live there. There is a yearly fee for this service, as they are your domestic contact person should you be served with a lawsuit, or receive official correspondence from the state. Not sure about the specifics of a Kuwaiti citizen having a US LLC, but this will give you a start Delaware does not have sales tax, true, but they do impose a yearly franchise fee (tax) on LLC’s. You can find out more about it on the Delaware Division of Corporation’s website:
http://www.corp.delaware.gov
You will also need to have a registered agent in the State of Delaware, since you do not live there. There is a yearly fee for this service, as they are your domestic contact person should you be served with a lawsuit, or receive official correspondence from the state. Not sure about the specifics of a Kuwaiti citizen having a US LLC, but this will give you a start

]]> By: 123456789 http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm/comment-page-1#comment-1351 123456789 Sat, 17 Oct 2009 08:55:50 +0000 http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm#comment-1351 Before going into any details, you would need a tax id to register for pretty much anything, including forming a LLC. This number is something you cannot obtain based on the background you have presented. Before going into any details, you would need a tax id to register for pretty much anything, including forming a LLC. This number is something you cannot obtain based on the background you have presented.

]]> By: Chuckie O http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm/comment-page-1#comment-1352 Chuckie O Sat, 17 Oct 2009 08:55:50 +0000 http://smallbusinessmerchantaccounts.org/delaware-llc-for-nonresident-what-the-tax.htm#comment-1352 If you do manage to "organize" an LLC in Delaware (or any other state, for that matter), you will be liable for filing a 1040NR return, at a minimum. Unless you don't make any money, of course. It is not as much of a tax haven as you may think. You will need an EIN to start the LLC (anywhere), as well as a registered agent in Delaware (or whatever state you organize in). There will be tax filing requirements, both federal and state. Getting a paypal account is easy compared to that. If you do manage to "organize" an LLC in Delaware (or any other state, for that matter), you will be liable for filing a 1040NR return, at a minimum. Unless you don’t make any money, of course.

It is not as much of a tax haven as you may think.

You will need an EIN to start the LLC (anywhere), as well as a registered agent in Delaware (or whatever state you organize in). There will be tax filing requirements, both federal and state.

Getting a paypal account is easy compared to that.

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