We are US-based attorneys and can really only give advice about US-based law and taxes. If you are located outside the US, a lot depends on the country you are...
US Federal Law requires that banks “know their customer,” which are called “KYC laws” in the business. To learn more, google “bank KYC laws”. These laws have been around a...
The quick answer is “yes,” but US federal law requires that banks “know who they are banking with.” Banks have varying policies on what that means, but in general, most...
Question: I am considering forming a LLC in New Mexico or Wyoming with three partners, including myself. None of the partners are a resident of the US. No work will...
The short answer is “no, not really.” The longer answer is that you should consult with your CPA, to understand how certain types of income may need to be reported...
This is a very complicated topic with many nuances we will not be able to cover in a knowledge base article. However, the short answer is that everyone is required...
Question: For non-residents in the US who have a NM LLC, I know it’s a pass-through entity which means my profits, losses and expenses simply flow through to me as...
The short answer is “yes.” Anyone can own a US-based limited liability company (or LLC), with limited exceptions (i.e. restricted parties and persons). The bigger issue relates to banks. Banks...
The short answer is “no,” you do not need to use your actual address in whatever country you live in. When we register a LLC in the USA, we need...
