US LLCs registered agent

Quick question: how do they perform KYC (if at all)? I dont see much on their site. Do they have a secure platform for it or do they ask for it by email? 🤦

If you refer to Namirial or Digidentity both ask for passport or other relevant ID. The difficulty I mentioned during onboarding was not because of KYC but because of the design of the project flow, many things not functioning properly, needing to the same thing several times etc.. However, things may have changed as I had set up both of them about 15 months ago.

I usually use passport for the following reasons:
- does not have my address
- in Canada, tampering with a passport is a criminal offence (Canada - unlike USA - has federal Criminal Code). Tampering with a driving license is only punishable by fine, and each province regulates the process of issuing driving license as well as any legal consequences stemming from someone tampering with a driving license.

Hope this helps

Is it possible for the agent to open a bank account for the LLC, without you being present in US?

Or EMIs are the solution in such case?

I had done that for a client - open an account for the client's NV LLC - both brick and mortar and EMI. Let me know if you'd like to know more.

Nope, the client was an owner of the LLC, I was the manager, so I opened up the account for the LLC in my name while listing the client as UBO. He had no ITIN at that point so it was not possible for him to open up a bank account. We are now transitioning to make him the sole signatory as he had already obtained his ITIN by the virtue of the LLC that is doing business in the USA.

Hope this helps.

Based on my info, many people were refused ITIN because they did not have "any current or pending liability towards the IRS" - this is what I heard quite often even though it is anecdotal, and this is why I chose this approach.

Also, I have an SSN as I had lived and worked for a couple of years in the Silicon Valley, when it was still the epicentrum of technology - and I mean real technology, not Meta or Alphabet.

Does anyone know if EMIs like Revolut/Wise are ok with a registered agent's address for US LLC? It's basically just for spending on ads so I can't be bothered to fly to the US

JohnnyDoe said:

Mercury requires the registered address (which can be the one of the agent) and the address where the company is managed from, which can be your personal residential address.

This is great news, thank you for the info. A lot less problematic than I thought. I was reading mixed stories online, I'll just give it a try.

I think having a LLC is a good idea by itself, in case you (quickly) want to move to another country + for solid banking access. it's useful to have it on standby. But it's probably the same as saying water is wet on a forum like this.

I'm building a case for a E2 visa, which I know is a non-immigrant one, but might perhaps still be a nice extra. Considering most of my spending goes to META ads and it counts towards expenses I thought I might do this within a LLC and see where this takes me at the consulate. I'll start a new thread about this process when the time is there.

Good idea re (US) LLC as it is a flow through entity, so the tax is payable not in the USA but only in your country of tax residence. Which - in Paraguay - can be 0% if done well.
However, the said LLC *must* file annual corp taxes to the IRS, and so does every beneficial owner regardless of his/her residency. Hope this helps.

Fiscal said:

Does anyone know if EMIs like Revolut/Wise are ok with a registered agent's address for US LLC? It's basically just for spending on ads so I can't be bothered to fly to the US

A few months ago, I formed another US LLC (in New Mexico) and registered an account with Wise. The address in the US was not accepted as the trade address, so in the end I entered my former address in Germany and issued a rental agreement to myself, which was ultimately accepted.

saidabschak said:

A few months ago, I formed another US LLC (in New Mexico) and registered an account with Wise. The address in the US was not accepted as the trade address, so in the end I entered my former address in Germany and issued a rental agreement to myself, which was ultimately accepted.

So if I understand this correctly Wise has no problem with EU address for US LLC?

Fiscal said:

So if I understand this correctly Wise has no problem with EU address for US LLC?

yes no problem

If anyone can recommend a website for filing Form 5472/Pro Forma 1120 filing please let me know. Think it'd be useful for users reading this as well. Been Googling for like an hour but nothing useful shows up. Fiverr has a lot of options but honestly don't know if that's a good idea, seems a bit sketchy to me