State of Colorado
Company formation services
Why Colorado? Most importantly Colorado has:
- No Sales Tax
- No Personal Property Tax
- No Intangible Property Tax
Incorporating LLC in USA – Tax advantages
(a) Members are not US citizens or resident in USA;
(b) The company does not sell – generate profits in USA.
It will be a 100% tax exempted company, excellent for your worldwide trading. Please note that, nevertheless, and keeping the tax exemption statute, you can always use your LLC to buy any products from the USA.
The minimum requirement to set up a LLC is just One Member and One Manager – same entity can simultaneously take both charges. Both individuals and corporations can be appointed to act as Members and Managers of your LLC. This means that one sole person (you), can be simultaneously the Member and the Manager of the company. No secretary required.
We can incorporate your US LLC at any US State; however, for a general guidance, we will send you the Colorado report.
Advantages to incorporate in Colorado – a tax haven for non-US residents
People in the U.S. are familiar with Colorado as the home to most large US companies. But many people don’t realize that the U.S. has become one of the world’s most attractive jurisdictions for non-U.S. citizens. The reason is the Colorado Limited Liability Company (LLC).
The LLC is a unique type of company. Similar to a European “limited company”, it is in some ways a corporation and in others a limited partnership. A Colorado LLC is totally disregarded for income tax purposes by US tax authorities.
A Colorado LLC pays only one “tax”: the $350 per year Colorado franchise tax.
An LLC’s profits “pass through” to the individual owner. For Americans who file a personal US tax return, these profits are added to their ordinary income and taxed at the individual rate. The advantage for non-Americans who do not file a U.S. tax return is that the LLC’s profits pass through to LLC’s owner, but the income is not taxed by the U.S. Of course, if you feel it is necessary to report the LLC’s income in your home country, you are able to do so. However, ownership in a Colorado LLC is completely private and is never disclosed, not even to the state of Colorado.
For many types of businesses, incorporating in the owner’s home state or country makes sense. An internet business is different. Because your storefront is accessible to people all over the world, there is no fixed location where you are “doing business”. You may live in New Jersey. But your website is hosted in Colorado, your bank is in New York and your customers are all over the world.
When you incorporate in Colorado, you protect your status as a borderless company. You pay no Colorado because you do not operate in Colorado. You are simply registered there. You are not liable for corporate taxes in your home state because you are not registered there as “doing business”. Your corporation pays only Federal income taxes or, in the case of a Colorado LLC, no income taxes at all.
With a Colorado corporation or LLC, your business address can be anywhere in the world, or nowhere at all. The state of Colorado does not require your address. It also isn’t interested in the names and addresses of your company’s shareholders, officers or directors. The only address that we require is a shipping address where we can send your company documents and subsequent franchise tax notices. Our address becomes your company’s “registered office” in Colorado, and we forward to you all official correspondence relating to your business.
US LLC tax advantages
Are you aware of the safe and completely discreet tax strategy that offers tremendous savings in income taxes for companies located outside the United States?
You can benefit from this opportunity to reduce your income taxes significantly. Our U.S. Limited Liability Company (LLC) strategy is an often-overlooked means of delivering an enormous tax advantage. Of course, it must be carefully and appropriately implemented. This strategy is already being successfully used by companies around the world.
We specialize in the formation of U.S. companies to be used in international tax planning strategies. Over the past 7 years, we have helped thousands of foreign companies save hundreds of thousands of dollars. This strategy can significantly increase your income Below are materials describing the U.S. LLC strategy, as well as case studies showing this strategy in operation. These documents help explain how our services might be integral to reducing your taxes.
This is a unique opportunity for you to offer yourself an effective international tax strategy.
How you can benefit by forming a tax-free U.S. company?
By forming and using a U.S. LLC in conjunction with an offshore company, you can combine the best of both the onshore and offshore worlds. A carefully LLC will enable you to avoid the increased scrutiny of offshore companies and gain the acceptability of a U.S. company with the tax advantages of an offshore company.
How does it work?
Once established, you do business with your U.S. company counterpart by receiving invoices from and making payments to the U.S. Company. The U.S. LLC, in turn, deposits the funds in its bank account. The money is transferred to your offshore company’s bank account. You can then spend or invest the money tax free.
TBA Incorporators specializes in the formation of U.S. companies for use in international tax planning strategies. We have implemented our unique approaches for helping foreign companies achieve tax advantages for the past 7 years.
Our services include all of the necessary elements to form your U.S. LLC and maximize your success by creating a “believable image” that will avoid the scrutiny of tax authorities.
Our company licensing services
— What we do and do not do
Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency or financial related business activities.
TBA & Associates Tax Business Advisors does not provide or carry out any sort of Cryptocurrency or Financial services!
Disclaimer: While TBA & Associates strives to make the information on this website as timely and accurate as possible, the information itself is for reference purposes only. You should not substitute the information provided in this article for competent legal advice. Feel free to contact TBA Customer Services for advice on your specific cases.