The US LLC in International Trade
US Limited Liability Company
US LLC’s are popular vehicles for carrying out international trade, as they offer many of the typical advantages of more well-known island based offshore locations (for example, the British Virgin Islands, Seychelles and Belize) in terms of their simplicity of administration, regulatory and tax regime, as well as associated cost-effectiveness.
Moreover, many international business persons and corporations consider that there are perceived benefits to having a company registered presence in the United States of America. Naturally, using a US LLC for international trade and investment, real and intellectual property holding etc. can also be beneficial due to the relative political and economic stability of the nation.
A US LLC is not a partnership or a corporation. It is a distinctive business entity that offers an alternative to partnerships and corporations by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation (fiscal transparency).
US LLCs with non-US resident members and managers, and which conduct no business in the USA and which have no US-source income are not subject to US federal income tax. They are also not required to file a US income tax return.
The most popular US States for the establishment of LLCs include Delaware, New York and Washington D.C. However, TBA can establish and administer LLC’s in any of the US States, if required.
Should you require additional information, have a quotation or might need to clarify any related matter, please contact one of our Consultants who will be happy to assist with your enquiries.