Thinking of opening a U.S. company from outside the country? Here are three crucial things you need to know: 1️⃣ U.S. LLC Transparency: Unlike U.S. corporations that pay taxes in the U.S., LLCs are transparent. This means if you're living and working abroad, the LLC and its bank accounts won’t trigger U.S. taxes. However, you need to understand how your home country treats LLCs and their income: tax rules vary globally. I've worked with clients worldwide and can help navigate this complexity. 2️⃣ EIN & Mailing Address: To open bank accounts, set up payment processors, and receive mail, you'll need an EIN number and a reliable U.S. mailing address. These details are often overlooked but are essential for smooth operations. If you're outside the U.S., these steps can be trickier, but I can guide you through them. 3️⃣ U.S. Client Access: Having a U.S. bank account and LLC makes it easier to attract and manage U.S. clients. It’s more efficient and professional for U.S. businesses to work with U.S. entities, speeding up transactions and reducing complexities. Thinking about setting this up? DM me! I’m here to help you leverage the power of a U.S. LLC to expand your business. 📈 Follow for more tips! 🚀 #taxes #internationaltax #cpa #accountant #taxconsultant #IRS #llc #llcusa #business - @jamesbakercpa