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Global Business Growth Club

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2 contributions to Global Business Growth Club
Doubts regarding my non Resident LLC
Hello everyone, I am a foreign resident. I just created my florida LLC using Bizee (Incfile), and I did receive my EIN within a week since I had an SSN number. I plan to provide virtual mental health counselling services from India. About us: 1) I have recently completed my masters degree in the United States and plan to move back to my home country, India. My partner is currently on her H1B visa, and she also plans to move back to India permanently. 2) 2 member LLC 3) The reason for an LLC is to have a USA bank account in order to receive payments seamlessly. 4) I used the virtual address provided by Bizee (Incfile) as my business address. Questions: 1) Should I use this virtual business address in order to get a USA bank account? 2) Can I file my taxes for my LLC as a partnership and avoid taxes here in the USA since we both are Indian citizens? 3) Can I use my virtual USA address in my invoice? If so, will it be considered doing business in the USA and lead me to pay taxes here? 4) Which address and contact number should I use in my BOIR (my "indian" or "virtual USA address")? 5) Someone has said that I can't file my LLC as a partnership; they said I will have to change my classification to C-corp and tax my LLC like C-crop. Is that true?? Pleaseee answer these questions for me; I will be grateful.
0 likes • Mar 5
Hey @Paola Moreno , When you said a friend or a family member who could lend me the address, do they have to be in the state where the LLC is registered? And in case something worse happens, like Mercury or Wise closing accounts randomly, will they send the check to this friend/family's address? In the first place, how could I get an address proof with a friend's or family's address? Like, do I have to transfer their utilities to my name?
0 likes • Mar 5
@Paola Moreno BOIR-related questions: 1) Reporting Company Tab: Used my virtual buisiness address 2) Company Applicant(s) Tab: Which address should I use here? I see an option to use business/residential addresses. So can I use the same business address used above or should I use my forigen address?
Trouble regarding taxes as a foreigner owned LLC
Hello Guys, I am an Indian planning to start a Florida LLC for my counselling business. I provide mental health counselling services virtually via video call. Coming to taxes, would I owe any taxes to the USA, or could I pay them in India? Once I open my bank account, what payment gateway is best for my case, & how do I transfer this money to my home country? Should I just create an LLC, get a business bank account and start receiving money and worry about taxes later when I plan to withdraw money from my business bank account?
1 like • Jan 29
And should I file form 1040-NR along with form 5472 and 1120?
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Rithik Reddy Vedere
2
15points to level up
@rithik-reddy-vedere-9202
Hello, I am from india and would like to learn more from this community.

Active 205d ago
Joined Jan 28, 2025
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