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-3
votes
0answers
23 views

US Company, tax offshore holdings to shareholders [closed]

in this scenario I have a US C-corp registered in California. I do business worldwide through a variety of subsidiaries and have amassed a large amount of holdings outside of the united states. ...
0
votes
2answers
68 views

Forming a US LLC and paying taxes while outside the US

I am currently a resident alien in Virginia. I have been in the US since November 2011 (never left) and I have a J-1 visa, which expires on February 2014. I am going to leave US and go back to my home ...
1
vote
1answer
46 views

LLC C-corp in US, how to report my own investment

I'm a single member LLC with C-corp taxes in the US, and I just started my entity in January. I'm trying to figure out how/if I report my own capital injections for expenses as regards my taxes. I ...
0
votes
1answer
50 views

How do payroll taxes work? [closed]

This may sound like a very naive question for a site on Startups, but...how do payroll taxes work? From what I can tell from doing database work at a company they seem to consist of percentages of ...
0
votes
1answer
49 views

Distributing profits when a Joint Venture starts to make money?

My question concerns the tax implications of distributing profits, if and when the hard work pays off. In my case all of the expenses and income have flowed through my business account (S ...
0
votes
1answer
21 views

1099 requirements for customers in middleman-type business

Note: I WILL be seeking information from a lawyer or accountant if I proceed but I want preliminary info here first. I am considering a business that, for sake of example, is much like Guru.com or ...
-2
votes
1answer
52 views

Create Offshore or local? [closed]

Being in the Internet age and all, and only buying and delivering services through the Internet: Should I create a company local to where I live or in some offshore business friendly location? And ...
0
votes
0answers
37 views

Oversea Ownership - Immediate Concerns [closed]

I live in the United States and have a potential business partner in the United Kingdom. If we were to incorporate a business in the U.K., what are some of the immediate legal/tax concerns I should ...
0
votes
1answer
32 views

How difficult (or how does one) apply for R&D Tax Credits (USA) for software development (new product)?

We are developing a new web-based product. Looking for feedback from people who have applied for such tax credits. What are the steps to applying for an R&D Tax Credit? How difficult was it is ...
1
vote
1answer
60 views

DBA, LLC, or what? For a virtual asset marketplace

My friend and I are currently developing a marketplace for virtual assets. However we are not quite sure how we should set the company up. Do we need only a DBA, or should we go with the LLC route in ...
0
votes
1answer
38 views

LLC Require EIN?

I have an LLC that will be a passthru entity (sole owner). Is such an entity required to have an EIN to do business? If not, how would you get banking accounts, LoC, etc without an EIN to legally ...
0
votes
0answers
25 views

Starting a Money Services business in the US. What AML laws, etc, do I need to know? [closed]

I am interested in starting a "Money Services Business" in the US, and I know I need to comply with various AML laws, etc, but I'm not sure how to properly do my due diligence in identifying and ...
0
votes
1answer
44 views

LLC partnership on student visa and then transfer to H1B

I am on F1 visa. I'm done with my masters and am on my OPT. Can I be a partner in an LLC? What about when I go on H1B. I'm looking to startup in Texas & California both. I tried to look for some ...
7
votes
1answer
154 views

Which country to incorporate web startup in?

If we have a web startup originally targetting users from country A, but the majority of users end up to be from America, is it sufficient to have the company incorporated in country A? Additionally ...
0
votes
2answers
69 views

Most suitable US state to start Internet/online business [closed]

I have read somewhere on interent that Texas is most business friendly US state. Can some one guide me is it true that Texas is most friendly for totally internet/online based business and they have ...
1
vote
1answer
59 views

TIN to use on W9 when Single Member LLC/Disregarded entity

I own a state-classified LLC company and also have an EIN for the business, which was filed on an SS-4 form (Rev. December 2001) as a Type "Other" and noted "disregarded entity". On the SS-4 form the ...
1
vote
2answers
43 views

EIN after conversion from LLC to c-corp

We converted (created new entity then merged) from an LLC to a c-corp. The new c-corp has a different EIN than the LLC. Do we need to notify/update our employees, clients and vendors about the new ...
3
votes
2answers
78 views

Legal Status of USA/UK Start up forming

I and a partner wish to set up a company. One of us lives in the UK and the other in the USA. We both want to make sure we are one legal entity so we can sell shares, or if the start-up was bought ...
1
vote
1answer
55 views

Single-member LLC and filling out tax forms for advertisers who pay me

I have accounts with various advertisers and affiliate companies - let's just say Amazon Affiliates for the purposes of this discussion - and I've now registered a single-member LLC. During the ...
2
votes
1answer
85 views

Do I control any “equipment” or “assets” in the US?

On the iTunes Connect iAd agreement it states "I declare that the beneficial owner does not have any employees in the United States and does not own, lease or control any equipment or other assets in ...
1
vote
2answers
75 views

Finder's Fees and SEC regulations

I've been advised on multiple occasions that agreeing to a finder's fee as a percentage of capital raised is illegal in the United States, unless the "finder" is a licensed broker-dealer. Despite ...
2
votes
2answers
60 views

Get foreign investment (US VCs and Angels) for startup in Europe

We are a startup in Europe. (A Saas music web app + mobile app and we are now exiting from stealth mode.) I wonder how to reach US Venture Capitalists and Angels from Europe. We are incorporating ...
1
vote
3answers
227 views

How to get a real US street address virtual mailbox without #box number?

CMRA stands for a Commercial Mail Receiving Agency. See example: http://freshdesk.com/about Freshdesk, Inc. 340 S Lemon Ave #7585 Los Angeles, CA, 91789, USA The #7585 in the address is the dead ...
1
vote
3answers
88 views

How do I pick a bank for my LLC (USA)?

I want to open a business bank account for my LLC to keep my finances separate. How, in general, should I go about shopping for a bank account? Relatedly, are there any particular banks that excel ...
3
votes
2answers
90 views

Acquiring Tax ID Number

We just got filed as an official LLC in CT and were wondering how we get our Tax ID number(EIN). We would like to open a bank account for the company and assume we need that to open one.
3
votes
2answers
142 views

Accounting method for software business

I'm nearly complete and preparing to launch my business. However, I've noticed that taxes aren't as simple as everyone makes them out to be. I'm mostly confused about cash vs accrual accounting for my ...
0
votes
2answers
167 views

Company in US wants to hire a UK worker

We are a extremely small start up, just starting out and we need to hire our first marketer. The wages are low, but the work is fun. We put out an ad and many people have come back to us, but we are ...
1
vote
1answer
122 views

Incorporated in US but expenses in another country?

I'm forming a US C corporation in Delaware. Paid the service fees to a lawyer and everything's ready to be filed. My goals are very simple as: Having a US presence for user credibility, Opening a ...
1
vote
2answers
58 views

An LLC working in multiple states

I recently filed my company as an LLC expecting to get some small jobs in my local area. Through my professional connections I might land a contract that would span in multiple states across the U.S. ...
1
vote
1answer
78 views

UK tax on US software company

This was partially addressed in another question, International tax on digital products for a US company , however, I'm still unclear as to what I need to do if the UK removes this threshold next ...
1
vote
1answer
41 views

Licenses required for a business

A friend of ours recently was looking at opening a liquor store, which obviously required liquor license and to be able fit into a county quotas, etc. But this brought a different question, if I am ...
0
votes
1answer
106 views

Collecting payments on behalf of someone else in the US

I'm developing a service that would collect subscriber's money for the webmaster, and we'd pay the website owner at the end of the month. So for example, 10 subscribers pay "us" (the service) ...
2
votes
2answers
91 views

Guideline for self-filing a provisional patent application

I'm looking to file a provisional patent application in Canada and the US. From what I've been told, the process is not easily out-sourceable, and I'm on a shoestring startup budget. I would like to ...
0
votes
0answers
28 views

What steps should be taken when opening office of the company in US? [closed]

My company is based outside USA, but for sure we need to have a (representative) office on the territory Of US to have sales team.
1
vote
1answer
128 views

Tax consequences of server location

We are about to set up our production environment in AWS and are wondering about the tax consequences of where the servers are located. We are a Swedish start-up and since AWS is cheapest in the US ...
1
vote
2answers
132 views

Does US subsidiary makes foreign company liable for US sales taxation?

1 - Company A is an European company that sells digital products and services all over the world, including the US. The company does not pay US income tax because it does not have an US presence. 2 - ...
0
votes
1answer
132 views

What kind of liability insurance should a contract engineer have?

I have been working in a company for a month. They buy my service instead of hiring me, so they ask me to set up my company. I do some drawing and design work for them. I want to know what kind of ...
1
vote
4answers
305 views

How should a small US Corp hire and pay workers in the Philippines?

We are a small US Corp that hired a couple of workers in the Philippines to help us with some of our online work. We are paying them directly, but that means they do not have Social Security or ...
1
vote
2answers
55 views

Taxes for Europeans working for USA llc- short term

I have an American based llc production company. I want to hire European artists for a short period (1 month for a show) . whats the best route for their taxes and mine? Would it be more beneficial ...
1
vote
3answers
113 views

US trademark law

I came across Microsoft Surface today, and one tiny detail get me thinking. There is a small "TM" next to the word "Surface", can they do that? Can a common word like surface be trademarked like ...
0
votes
1answer
44 views

Do I need to register with the tax department of every state in which I have employees?

In my startup, we have employees (paid hourly) from New Jersey and California. The startup itself is based in New York. We're doing our payroll through Intuit, and the application is telling me I ...
9
votes
5answers
277 views

Can someone under 18 start a business in the US?

I'm 15, and I want to repair computers, which I've recently found out is considered a business even if I just do it from home? Can someone start a business when they're under 18?
5
votes
1answer
252 views

Do I have any U.S. Business Activities?

In Apple's iTunes Connect, under Manage Your Tax Information, there is this question: Do you have any U.S. Business Activities? In general, you have U.S. Business Activities if you have ...
0
votes
1answer
222 views

How to set up an LLC company in USA and a bank account for operating the LLC [duplicate]

Possible Duplicate: How to register LLC in USA or LTD in UK and bank account, for foreigner? Please help me out to form an LLC company in USA along with a bank account to operate it. I am ...
1
vote
2answers
217 views

How to register an IT company in USA?

My brother-in-law in India wants to open(register) an IT company in US. Is that possible? How? And if now, then I'm here in US with a student visa. Can I register an IT company in USA and help him ...
0
votes
1answer
102 views

US Citizen Being a Member of a UK LLP?

Suppose a US citizen becomes a member of a UK LLP, along with 2 other foreigners (non-US citizens). Assume each one of the three has a 33.3% share in the UK LLP. The LLP starts working, and has a ...
0
votes
1answer
198 views

What is the legal and tax implication of a US company (Texas C Corp) hiring employees directly in India

I am the co-founder/shareholder of a US based software startup (Texas C Corp). Due to some personal reasons I have had to move to India and to make the most of it, I am planning on hiring a few ...
1
vote
2answers
101 views

Contract jurisdiction venue

I'm in the process of closing a somewhat sizable deal with a new client, and the only sticking point with the contract is the choice of jurisdiction. I am located in state A, the client in state B. ...
0
votes
1answer
140 views

Starting up a company in the U.S. and Canada?

I am a U.S. citizen working in Canada on a work visa. A small team and I have been working on a startup in our free time up here in the great north, so we're primarily based out of Canada. However, ...
1
vote
1answer
334 views

Setting up a small business in United States with Canadian citizenship?

Where can I find more information on setting up a small business in USA as a Canadian citizen? I need to incorporate in the USA, would this automatically allow me to work in USA? Or does there need to ...

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