eBusiness TAX for non US Citizen?
Tuesday, January 26th, 2010
Hello Experts!
I am a green Card holder but not a US Citizen. Soon I will be launching an internet based eBusiness with clients from all over the world.
Regarding payment of tax on earned income form the web site:
In my country of origin I have a registered LLC . The tax rate there is a flat 10%. I also have a registered LLC in the US – the progressive tax rate here might well reach 35-40%
At present I live in the US but also have a legal address in my old country too.
I am a Green Card and a US SSN holder and also have a Passport and a SSN from my country of origin.
I pay Federal and State taxes in the US.
My question is for the new startup business – how to best decide:
1. Which LLC to use to register the new venture with?
2. Where to register the headquarters of the eBusiness – my old country or the US?
3. Where to open the LLC’s bank account to link to my eBusiness’ web site?
I am looking for legal and legitimate solution with a minimum taxes paid.
I appreciate your advice.
Thanks.
