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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Why Form a US LLC from the UAE?
Entrepreneurs in the UAE are increasingly interested in forming US Limited Liability Companies (LLCs) due to benefits like access to US banking, payment platforms, and enhanced credibility. The process can be completed online without needing a US visa.
## Choosing the Right State
The cost of forming an LLC varies by state. For instance, Montana charges $35, while Massachusetts charges $500. Popular choices for non-residents include Delaware, Wyoming, and New Mexico. Delaware is known for its legal prestige but comes with higher annual fees. Wyoming offers privacy and low costs, making it ideal for those seeking a simple US presence. New Mexico is the most affordable but has limited legal precedent.
## Legal and Tax Considerations
US law allows non-residents to form LLCs without being citizens. Key steps include filing Articles of Organisation, appointing a registered agent, and obtaining an Employer Identification Number (EIN). While UAE-based LLCs may not owe US federal income tax on foreign-sourced income, they must comply with reporting requirements, such as filing Form 5472 annually.
## Banking Challenges
Opening a US bank account remotely is challenging, as most banks require an in-person visit. However, fintech solutions like Mercury and Wise Business offer alternatives, though approval is not guaranteed.
## Ongoing Compliance
Maintaining an LLC involves filing annual or biennial reports, with fees varying by state. Non-compliance can lead to penalties or dissolution. Entrepreneurs should budget for these costs and ensure timely filings to avoid issues.
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