Our services
LLC Tax Returns
EIN / ITIN
As an expatriate, you are able to work locally while being taxed at a reduced rate, or even zero in some countries. This is one of the most important advantages of expatriation.
The American LLC is an excellent option to develop an economic activity (dropshipping, consultant, e-merchant, trainer, etc.) at lower costs, in the case of an expatriation.
We strongly advise you to be accompanied during your steps in order to ensure the conformity of the declarations made and to avoid possible errors. The ExpertLLCUSA.com team is at your disposal to guide you in your expatriation project and throughout the life of your American LLC.
The U.S. LLC is a so-called semi-transparent corporation, which means that it declares a profit, which is then taxed directly in the hands of the partners. Thus, the partners (individuals or corporations) are directly liable for the tax on the profit made by the entity.
The latter will then declare the company's income or losses in their personal tax returns. Thus, it is wise to choose a low-tax country to reside in for tax purposes and to take advantage of it as much as possible.
In the case of expatriation, the LLC is perfect since the income will be considered as foreign income. Some countries grant a very preferential taxation on foreign source income.
However, one must be careful with the notion of ETBUS / non-ETBUS. For example, to qualify as an ETBUS, a "dependant agent" must be present within the company in the United States. The role of this person is to perform tasks that are essential to the continuation of your business, other than simple administrative tasks. This person contributes to the definition of the commercial strategy and also takes part in the management policy of the activity.
Multiple tax deduction opportunities are available through the U.S. LLC legal form, due to the admission of deductible expenses.
Therefore, in order to reduce your taxable income, you must know the mechanism for maximizing your deductible business expenses. In addition, it will be possible to obtain a personal benefit from a business expense. However, it is imperative that you know when an expense is or is not deductible in order to avoid unpleasantness with the IRS and to take advantage of the professional deductions granted to you.
In order to better protect your rights, the team of Expert LLC USA proposes to accompany you to secure all your operations. In case of questions, you have the possibility to book a telephone interview with our lawyers specialized in French-American taxation.
