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Written by : Faustino Rosser
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five benefits of incorporating an LLC in the United States of America over the last two years there have been a lot of changes in your offshore world compliance regulations have become higher economic substance regulations have reintroduced and many restrictions it's really difficult now to get bank accounts even for legit business operations so many people have started to move from their offshore business into their own - like other jurisdictions and the United States over the last year has really emerged as a prime location for online entrepreneurs all over the world here are the benefits for you of incorporating a LLC in United States America if you're not a US citizen a limited liability company is a so-called pass-through entity or tax transparent vehicle that means the LLC itself is not being taxed in the United States but the tax obligations are being passed through shooty respective owners if you as a non-us citizen and a non-resident a so-called non-resident alien incorporate a LLC United States and then have a personal residency either in a country it charges very little tax or a country that has a territorial basic sation system that doesn't change any tax on foreign earned income or your perpetual traveler and you're a resident of nowhere then you can legally operate a business that can get all the payment processing you ever want stripe papal Braintree you can get good banking with solid banks you get banking with all sorts of neo bangs that transferwise or mercury and you can make that money completely tax-free because the United States doesn't text you as long as you don't have economic substance in the United States meaning employees and offer or something like that any any kind of assets and your personal taxes your personal tax residency also doesn't charge you any type of personal income tax so now you have the best of both worlds you have a rigorous diction with a very high reputation solid banking you can give your customers invoices that they have no issues deducting in their local high tech jurisdictions but at the same time your personal tax load is zero this is probably one of the best set ups right now it's very cost effective to set up it's very cost effective to maintain it's very easy to set up you don't require a lot of documentation you don't require utility bills and this is probably a setup that many of you can really put to a great effect if you need further in term a information about how exactly to set this up where do you go what what company to use to set this up how to get all of the documents in order then send me a send me an email to the email address below this video and I can help you to guide you through this process this is Chris from offshore secrets I hope you liked this video please subscribe and I see you on the next video
Thanks for your comment Berneice Atma, have a nice day.
- Faustino Rosser, Staff Member
today I'm gonna show you how to conduct a search of the Delaware business database so to do a business entity search so you do that for a corporation an LLC or a partnership what you're first going to do is go to the division of corporations web page so on that web page there will actually be a link on the left hand side of the page that's set that says entity search you're gonna click that link and you will come to a page that looks like this you actually only have two options for searching you can only search by entity name and file number it's kind of an and/or things you could search by either of them so you input your search terms into the blank fields and then you click the search button and then you will either see if the name is available if it's not being used you'll be given the option to reserve that name but if your search does return results you have the ability to sort of get advanced information about those entities just by clicking the named entity name whenever you get the general information so then after that there'll be a number of details on an entity details page that's file number entity named entity kind residency entity type sort of the address city state from there you actually have the option to request even more information about the entity of your choosing to do that you just click the status or status tax and history information and then you'll have to pay a filing fee of ten or twenty dollars and that will more than likely after you pay electronically so that is how to conduct a search business entity search using the Delaware division of corporations webpage
Thanks RunzlerF your participation is very much appreciated
- Faustino Rosser
About the author
I've studied quantum computing at Emory & Henry College in Emory and I am an expert in vocational education. I usually feel lazy. My previous job was broker's floor representative I held this position for 14 years, I love talking about base jumping and start a side hustle. Huge fan of Sarah Marshall I practice american football and collect trading cards.
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