Let’s go over how:
What started as a thread between me and Parshwa Mehta from doola inspired me to write a comprehensive guide to what’s required to launch an LLC and how doola can help simplify the process.
Required documents: ๐
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Bank statements for accounts relating to the business.
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Credit card statements for accounts relating to the business.
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Financial statements or records that were prepared by your bookkeeper.
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Receipts for any expenses claimed that are above $75.
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Listings or details for any assets that the business may own
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Invoices on sales of items, as well as some internal methods of tracking the cost of goods sold. The above records should be maintained for at least 3 years after the date of filing your original tax return, or 2 years from the date of paying your tax. For employment tax records, if any, you must retain records related to employment taxes for 4 years.
What doola does:
๐ข Forms your company – All you need to do is sign up with your company name, personal address, and email. No documents are required!
๐ EIN Application – they work on registering you for an EIN and apply for a Social Security Number on your behalf.
๐ฐ Centralize business finances – you can categorize transactions, customize invoices, maximize tax deductions, and pull and send money from one dashboard.
โ๏ธ Stay compliant – using doola Books, their Tax Package, doola assures your business stays compliant and simplified any financial management.
I’ve personally registered more than a few LLC-s through doola as a non-US citizen. The ability to conduct business in the US while not being there physically is an opportunity that should not be missed.
For a more detailed guide, check out my latest blog post in the description.
Have you tried opening a US LLC as a non-resident? Share in the comments below.
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