Got a few questions about forming a single member LLC in Delaware or LTD in London. I’m looking into forming a company abroad for an easier way to do business and billing (+ its cheaper) and am looking into ways a non-resident can open them in US and UK, along with pros and cons for each. Don’t need anything fancy since I’m the only founder and won’t be taking on any external funding – at least not for this particular one.
How hard is it to obtain a EIN number? Can you open a US bank account with that?
Experiences with online incorporation services – LegalZoom, Incorporate.com, etc. – some grill them that they provide low quality corporate documents. Any experiences?
Accountant & lawyer – how/when do you need to hire them? Rather learn to do it yourself? How much is a normal cost for a US based bookkeeper for a startup company?
If you sell digitally delivered goods, do you still need to pay any state fees other than the state you incorporate in?
How do you pay yourself from that company when you are not a US resident, where do you pay your personal income taxes?
Can you open a UK bank account when you register a LTD there?
How is the business taxed if all of its revenues come from outside the UK?
How do you pay yourself from that company when you are not a UK resident, but are based in EU & where do you pay your personal income taxes?
Same as before with online incorporation services, any experiences with them? Or is it more “you get what you pay for…”?
Thanks in advance for all your answers :)