Want To Open and Operate a Tax Free Company in USA? Join my monthly "Ask Me Anything Sessions" For Free - bit.ly/4fhKPfk OR If you have any questions about the BOI Report you can schedule a FREE discovery call with our team. - bit.ly/3DdFo3C
James, I always appreciate how you try so hard to pull awesome answers out of your guests. This is an incredibly valuable skill. Keep up the great work brother!
Thank you for your videos , they are very resourceful! As a non-US resident, thinking for a long time to start an e-commerce business, creating an LLC and a bank account in the US ... exactly this made me hesitate. Not being able to get my money out. Now hearing how difficult it is and how restrictive for new entrepreneurs, is even more scary. So I suppose it takes a lot of funds to start a new business, with no income yet!? So how are the chances for a complete newbie to start? - And even if the company does not pay state taxes, does it have to pay federal taxes?
I have been also researching a lot about market and products, now that I have decided to take action. I am still going forward despite knowing all the complications I might have to face. Could I connect with you , as it is good to have similar interest people to touch with. Good luck.
Hey there Natasha from the Compaytence team. Quick answer is no - as long as you are not holding stock within the US or you are not hitting Nexus for a certain state. Each state has a different Nexus you must hit in the US to pay taxes. If you are doing less then $500k annually you’re probably not hitting the tax Nexus
Can I get my EIN number quicker than normal duration which is within 12 days through Fax. I am a non USA citizen having a USA LLC. Is it not possible to call the IRS and get the number being a non USA citizen? Am I supposed to wait longer for EIN and Confirmation letter? I need your response.
@@gofeelgreat I faxed them on 22nd November which is Friday. I called them after 4 business days counting that Friday but they asked to call after few days. I called and they still couldn't find my data. They told me to wait 1 more week since my processing time might be pushed back as I faxed on the weekend. Now I have to wait until this Friday. Should I fax another time before the first EIN is generated or should I wait?
Want To Open and Operate a Tax Free Company in USA? Join my monthly "Ask Me Anything Sessions" For Free - bit.ly/4fhKPfk
OR
If you have any questions about the BOI Report you can schedule a FREE discovery call with our team. - bit.ly/3DdFo3C
James, I always appreciate how you try so hard to pull awesome answers out of your guests. This is an incredibly valuable skill. Keep up the great work brother!
Very thankful for your time guys, 😀
This is what I've been looking for as a non resident sellers, awesome, subscribed.
Loved that you enjoyed the content! Feel free to ping our team for any payment needs
great info, very helpful.
Shopify payements ask for SSN how we can as a foreigner open one?
Thank you for your videos , they are very resourceful! As a non-US resident, thinking for a long time to start an e-commerce business, creating an LLC and a bank account in the US ... exactly this made me hesitate. Not being able to get my money out. Now hearing how difficult it is and how restrictive for new entrepreneurs, is even more scary. So I suppose it takes a lot of funds to start a new business, with no income yet!? So how are the chances for a complete newbie to start? - And even if the company does not pay state taxes, does it have to pay federal taxes?
I have been also researching a lot about market and products, now that I have decided to take action. I am still going forward despite knowing all the complications I might have to face. Could I connect with you , as it is good to have similar interest people to touch with. Good luck.
Hi james, does get EIN number for LLC as non resident mean u r liable to file tax for that year even if you dont do any activity???
Hey there Natasha from the Compaytence team. Quick answer is no - as long as you are not holding stock within the US or you are not hitting Nexus for a certain state. Each state has a different Nexus you must hit in the US to pay taxes. If you are doing less then $500k annually you’re probably not hitting the tax Nexus
Can I get my EIN number quicker than normal duration which is within 12 days through Fax. I am a non USA citizen having a USA LLC. Is it not possible to call the IRS and get the number being a non USA citizen? Am I supposed to wait longer for EIN and Confirmation letter? I need your response.
Call IRS you’ll get it in 5 days
James, you made all kinds of videos but not how to get EIN for non-USA residents through form SS4. How to fax to the IRS and get the EIN number quick.
I called them and was able to get my EIN quickly over the phone. But the fax return took a 2 weeks to receive
@@gofeelgreat I faxed them on 22nd November which is Friday. I called them after 4 business days counting that Friday but they asked to call after few days. I called and they still couldn't find my data. They told me to wait 1 more week since my processing time might be pushed back as I faxed on the weekend. Now I have to wait until this Friday. Should I fax another time before the first EIN is generated or should I wait?
Reach was asking for 100k a month