LLCs are Limited Liability Companies. They have no shareholders or directors. They can be managed by members or managers. The member is also the owner, the manager is not, and no proof of ownership is required to operate or open accounts. It's therefore worth opening a manager-managed LLC rather than a member-managed one.
No one, US law is the most opaque in the world and no documents or KYC are required to open a company in the USA.
No. In the US, territorial taxation applies as in any tax haven. Therefore, if the American company has no American customers, it is exempt from paying federal and state taxes and does not have to file accounting. The only requirement is to complete two forms per year through our CPA service, forms required by the American IRS as standard practice for companies operating abroad.
Yes. American banks do not adhere to any international standard for transmitting data on their foreign account holders to their respective countries of origin. The US is the only country in the world to require data on its American taxpayers with foreign accounts (FATCA), but does not apply reciprocity to accounts held by foreigners at its institutions.
No, banks have no limits and do not impose any restrictions.
Completely, because neither we nor the US government possess the data of those who open them. US law on the matter is clear and does not require documentation or requests for any information on the owners or beneficiaries of the companies.
These are Limited Liability Partnerships. They are a hybrid between an LLC and an LLP (Limited Liability Partnership). They can be used both as a company and as an asset protection vehicle, therefore like a trust or private interest foundation.
