Why so many people use US LLCs to pay zero taxes on their business.
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The Wealthy Expat is run by Rafael Cintron, it's a Youtube channel and company dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who's traveled to more than 65 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.

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In this video we talk about US taxes and how many entrepreneurs use US LLCs to pay zero taxes on their business income. You can use a US LLC company to pay less taxes in the US as long as you're not living in high tax countries like Australia, Canada, and United Kingdom. You do need to report all your income to the United States, that's why many individuals choose to also have a UAE company to send money to in order to avoid showing everything to the US authorities.

You can also use USA payment processors and US bank accounts with your US LLC in order to have smooth banking, payment processing, and ecommerce solution, which the UAE is still struggling a bit with. You can also connect your US LLC to transferwise in order to have mutli-currency accounts.

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Other related people in this topic:

Nomad capitalist, offshore citizen.

DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

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