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Global Business Growth Club

1.9k members β€’ Free

10 contributions to Global Business Growth Club
Dubai company Ownership of US LLC
I’m thinking to do a short term real estate business in USA by opening the LLC in the state of Wyoming along with a few other friends of mine. We want to open a multimember corporation in UAE or Estonia and have this corporation owned the LLC in USA. Is this arrangement possible? What thing should I be keeping in mind? Will I be paying taxes in USA for doing short-term Airbnb rentals?
ITIN number - Tax obligated as a Nonresident?
I own a US single member LLC and stay in India. For the purposes of getting a US credit card and PayPal account, I am planning to get an ITIN number. My question is if I get an ITIN number should I pay taxes in USA or in India? ( please know that I also have a separate business in India, which is not related to the one I am running in Usa) @James Baker
0 likes β€’ Oct '24
@Damian Gaitan can u please let me know what kind of forms I need to submit?. this is my full year of running the LLC. The LLC was incorporated on February 2024 and I have just started to do the business. I’m guessing I have to file for taxes from June 2025 onwards I don’t know what kind of forms should I file?
0 likes β€’ Oct '24
@Paola Moreno sure will def watch those videos and get back
What are you struggling with right now?
I have clients in every niche who are experts. I am exploring the idea of collaborating with them to create exclusive content for this group. Let me know here what would be most valuable for you right now. Also look at other responses and give a like if you are interested in that too - as we'll be starting with the most popular topics
0 likes β€’ Sep '24
I own a US single member LLC and stay in India. For the purposes of getting a US credit card and PayPal account, I am planning to get an ITIN number. My question is if I get an ITIN number should I pay taxes in USA or in India? ( please know that I also have a separate business in India, which is not related to the one I am running in Usa)
transferring funds from INDIA to USA bank
My father owns a single member LLC in USA. he wants to transfer some funds from his personal bank account to his LLC business bank account (Mercury bank account). Could anyone suggest the best possible method to do this and if someone has done this in the past could you please let me know which method would incur the lowest possible fees and best exchange rates. Thanks in advance folks!!!
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LLC money transfer
My father stays in India and he owns a single member LLC in USA, state of Wyoming running Amazon FBA business. The LLC was opened in the month of February 2024 and still is not making any money or transaction . I stay in USA and a resident I would like to help him start the business by contributing some money. Are there any tax implications due to this and is there anything I need to take care of before transferring funds from my personal bank account to my father LLC bank account. I have already transferred $500 when he opened Mercury Bank, could you please suggest if this was a blunder or if it can be corrected thank you. @James Baker
0 likes β€’ May '24
@Hh Ll how and what procedure should I follow to transfer the money . Do u kind letting me know. Because both My personal at the LLC bank account are in USA
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Hem Reddy
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@hem-reddy-9164
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Active 324d ago
Joined Feb 8, 2024
USA
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