Find us elsewhere
Join Now Member Login

already formed llc in wyoming, spend most of my time in france, help please.

 
New Topic
Post Reply
Follow Topic
Page of 1
  • Author
  • Message
 
Munich

posts: 4

Apr 22, 2008 4:46 AM ET    Quote  Report Abuse
Points: 0   Vote
hello,
 
i have already registered a llc in wyoming, i am starting a wedding photography buisness ( have been shooting for a while but now want to get the legal stuff right), and i spend most of my time in france. france hates buisness unless your huge buisness. i have family and a room in california and can purchase a suit # with mail forwarding in wyoming if i need to. if you look at my site you`ll see the nature of my buisness http://www.crepinsekphoto.com , and i am a us citizen as well as european.
 
i dont want to break laws but i dont want to be stupid about it either. i plan to shoot maybe 6 or 7 weddings in france a year. i have a side job here and pay standard employee taxes thru that. i would like my buisness to be american and be taxed by france for just my sallery. any help on what i should do would be, well, really helpful!
 
i have done some searching in these forums and found out about the 800dollar fee for california. i cant do that. so my plan is to pay 250 for an address in wyoming and open a bank in france or spain or california maybe. i am a destination wedding photographer so i will shoot in many different countries, and as far as france goes, if a company doesnt work more than 180days in country they dont need to open a branch. if i only shoot 6 weddings then i only work a week in france. so can i get the wyoming address and work through that tax number around the world? i only want to work on 12-16 weddings a year becuase i spend most of my time in volunteer work, but need to pay my own way.
 
any and all help would be great!! thanks again!!
 
Munich4/22/2008 7:00 AM
glgcpa

posts: 86

Apr 22, 2008 8:02 AM ET    Quote  Report Abuse
Points: 0   Vote
I love your site - you`re pictures are great.  I`m sure you will do very well.

Your tax situation is extremely complex.  Each country has their own rules and, as you are aware, since it`s a U.S. business all income derived regardless of where it was derived is taxable to the U.S.  Each state that you do work in may have you prepare a state tax return, even if no tax is due.

I advise you to speak to an international CPA firm as soon as possible.  The longer you wait the more it will cost you.

Best wishes,
Gina



-------------------------

Gina L. Gwozdz, CPA
http://GLGcpa.com
http://TaxTreasures.com
Munich

posts: 4

Apr 22, 2008 10:08 AM ET    Quote  Report Abuse
Points: 0   Vote
Thank you, your very kind.
 
right now i cant afford one. when i start making money i can, but now i cant. i dont plan on becoming rich with this but if it keeps me from working full time it would be great! i would love some unofficail advise.
Munich

posts: 4

Apr 24, 2008 5:01 AM ET    Quote  Report Abuse
Points: 0   Vote
alright i now have a wyoming address. my next question is; should i ellect to have my llc taxed as a corp. or leave it as a passthru?
Munich

posts: 4

Apr 29, 2008 5:15 AM ET    Quote  Report Abuse
Points: 0   Vote

please help.

Munich4/29/2008 5:16 AM
Page of 1
Post Reply
 
.
Advertisement

Keep the Community Clean!

  • StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
  • Please do not use the Forums for advertising & blatant self-promotion.
  • Please be respectful to other members and refrain from personal attacks and vulgar language.
  • StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.
Read full terms of use
Advertisement
Advertisement
Advertisement
Advertisement