British income in the US
Apr 5th 2013, 11:20 am
#16
Forum Regular
Joined: Apr 2010
Posts: 236
Re: British income in the US
Even that may not be possible since US courts may not recognize Ltds. Although there are plenty of Ltds in the US, they are subsidiaries setup under use corporate law. The can call themselves anything they want including Ltd but in effect they are subsidiaries setup like US corporations.
Setting up a LLC or a S corporation is pretty expensive and simple.
Setting up a LLC or a S corporation is pretty expensive and simple.
The OP may or may not own the UK Ltd (depending on circumstances), the UK Ltd would just be his client. It just happens that the UK Ltd outsources all of it's work to the OP.
Apr 5th 2013, 2:53 pm
#17
Lost in BE Cyberspace
Joined: Jun 2008
Location: San Francisco Bay Area
Posts: 10,678
Re: British income in the US
Even that may not be possible since US courts may not recognize Ltds. Although there are plenty of Ltds in the US, they are subsidiaries setup under use corporate law. The can call themselves anything they want including Ltd but in effect they are subsidiaries setup like US corporations.
Setting up a LLC or a S corporation is pretty expensive and simple.
Setting up a LLC or a S corporation is pretty expensive and simple.
Apr 8th 2013, 12:22 am
#18
Forum Regular
Thread Starter
Joined: May 2011
Posts: 54
Re: British income in the US
Oh my head is spinning. Maybe I should just get a US job now that my authorization came through last week. But that would mean having to be an employee again and lord I don't like that idea :-) Too spoiled now.
I'll get some tax advice. I'll come back with what I'm told in case it helps someone else in my position.
I'll get some tax advice. I'll come back with what I'm told in case it helps someone else in my position.
