- Joined
- Jul 2020
- Messages
- 66
Deepbarrels said:How does someone who has a business incorporated in Panama use a payment provider system such as Stripe or others that do not work with countries such as Panama?
Is setting up a US LLC as a non-resident really the only way to go? Then, if you have US clients it means you are liable for taxation with the IRS.
As a Panama corporation generating revenues outside of Panama, this could be avoided if someone could find a payment provider linkable to a Panama corp account.
Anyone has found a solution to this headache?
the only solution that I see is that you make an LLC in the USA and invoice everything from clients outside the USA, then you will not have to file taxes, only an Informative Filing from January 1 to March 15 is presented and then there are extensions, but you can doing that, the most complicated thing is the payment gateway, Stripe closes accounts in a discriminatory way, refunds the money many times no matter how much you have delivered the product, it generates many big problems. that is very common

