Hi everyone, I am a non-US resident and the sole owner of a US Single-Member LLC. My business is 100% online, selling physical products in the US market exclusively through the Amazon FBA program. I don't have an office, a physical warehouse, or any employees in the US. I manage the entire business from my computer in my home country. I see a lot of service providers and blogs claiming that if you are a non-US resident with no physical overhead of your own, your LLC is completely tax-exempt at the federal level, and you only need to file informational forms (like Form 5472). But here is my doubt: since my inventory is physically stored in Amazon's US fulfillment centers before being shipped to US buyers, does that count as a physical presence? Does having my stock in FBA warehouses actually make my LLC's profits subject to US income tax? I would love to hear from other foreign sellers or tax professionals who have experience with this. Thanks in advance!

Cheapest is not always best. But for the price sensitive individuals what is the absolute minimum to register a llc for?

I spoke to a member of your team @James Baker and they advised that if it is a multi member LLC there is no 30% withholding tax. However, someone from Doola told me: forming an LLC, whether single-member or multi-member, generally doesn’t remove the 30% withholding on your KDP royalties. - Single-member LLC: for US tax purposes, it’s treated as the same taxpayer as its owner. So the royalties are still considered income of a foreign individual, and the 30% withholding still applies. - Multi-member LLC: KDP may stop withholding at the source, since the LLC is a US entity. However, the US tax obligation on royalties allocated to non-US owners usually shifts to the LLC itself, which then has its own withholding and reporting requirements. So the overall tax result is generally the same, and if the LLC doesn’t withhold, it can face penalties. Can you clarify which answer is correct and why?

Hello everyone, I'm new here and I hope to learn and achieve my goals for being a part of this community 🙂.

In April 2023, I opened a Wyoming single-member LLC and obtained an EIN. The LLC was dissolved with the Wyoming Secretary of State on February 1, 2024. I never filed Forms 5472 and 1120 (Final Return). What should I do now? I have never filed any tax returns under this EIN.