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ravenazrael · 11-18-2014, 10:25 PM

Hello guys,

Somebody I know has started an sole proprietor LLC in Delaware. He is a foreign individual so he has no SSN or any ID in the USA.
The LLC is a disregarded entity, meaning that he will pay the taxes on the net income of the LLC. The company will not have employees and will run an adult site.

He talked to some accountants and actually all have different opinions so he asked me to ask here, in the Almighty GFY. Based on your experience, should this foreign individual get an EIN and/or ITIN? Or should the LLC do it? or both?

Everybody providing services to the LLC will be outside the USA. The LLC is there because it was better for many purposes to have presence in the USA.

Thanks!!!

PS: I will be providing some services to that company. I am a canadian resident... Will the company withhold any tax from the money it will pay me for my services?

11-18-2014, 10:25 PM
ravenazrael Confirmed User Industry Role: Join Date: Nov 2011 Location: montreal Posts: 588	Accounting questions for Delaware LLC Hello guys, Somebody I know has started an sole proprietor LLC in Delaware. He is a foreign individual so he has no SSN or any ID in the USA. The LLC is a disregarded entity, meaning that he will pay the taxes on the net income of the LLC. The company will not have employees and will run an adult site. He talked to some accountants and actually all have different opinions so he asked me to ask here, in the Almighty GFY. Based on your experience, should this foreign individual get an EIN and/or ITIN? Or should the LLC do it? or both? Everybody providing services to the LLC will be outside the USA. The LLC is there because it was better for many purposes to have presence in the USA. Thanks!!! PS: I will be providing some services to that company. I am a canadian resident... Will the company withhold any tax from the money it will pay me for my services?