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LIVE Q&A WITH JAMES BAKER is happening in 22 days
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Welcome to the Global Business Growth Club community for entrepreneurs, investors and US business owners; where you get on-going support from me & my team to help you stay compliant with your US company, broaden your horizons about what is possible and use your company to make more money and pay less taxes. Step 1: Make a NEW post to Introduce yourself so we can get to know you + start chatting with the community! ๐‡๐ž๐ซ๐ž'๐ฌ ๐š ๐ญ๐ž๐ฆ๐ฉ๐ฅ๐š๐ญ๐ž ๐Ÿ๐จ๐ซ ๐ข๐๐ž๐š๐ฌ: What's your name/handle? Where are you from? What is your unique expertise (or are you working to specialize in ie ecom, services)? Biggest strength? What type of content do you love to share? What's your goal inside of GBG VIP? What are your social handles so we can follow you? Anything else you want to share? (After copying this, make a NEW post in the "Introduce Yourself" category on the Community Dashboard) Step 2: Watch this video (coming) to learn how GBG VIP + Skool work, how to unlock the courses and calendar & how to get the most out of the community. ๐๐ž๐ฌ๐ญ ๐ฉ๐ซ๐š๐œ๐ญ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ: Share your journey with us! The good & the bad. I'll be doing the same. Transparency & authenticity is a part of the success journey & is helpful to other members. Level up quickly to unlock new courses by commenting, posting your insights or questions in the Community Dashboard. Hit 'Like' or comment on posts you find helpful to let the poster know! Add a bio + profile photo. Positive vibez only!!! If you ever get stuck, feel overwhelmed, or are not sure what 'next step' to take, post about it the Community Dashboard so we can help you! Use the "category" dropdown to categorize your posts. ๐†๐ซ๐จ๐ฎ๐ฉ ๐‘๐ฎ๐ฅ๐ž๐ฌ: 1) No Self Promotion 2) No Selling in the DM's 3) No Spamming the Community Dashboard 4) Be nice :) 5) Be yourself :) Much love & so excited to work with you!
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Donny Navil
Alvaro Avila
Lov Ely
Gabriel Brennan
Evans Ampofo Yeboah
New comment 18d ago
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Open your US bank account here
If you have your LLC you now need to open bank accounts (the first two are free so open both!). I'm going to share some links below to what I think are the best options. They are my affiliate links and I'll address them separately so you can understand the benefits. When applying, be honest but always emphasize more on how you will help your US clients. Relay financial - I have a great relationship with relayfi and they have told me that applicants that use this link have a greater likelihood of being approved. I use relay for my business and it has been great.the account is free to open. https://app.relayfi.com/register?referralcode=jimbaker Mercury bank - this is another great option. Again focus on how you are serving clients in the US. This link should give you bonuses once you are approved. The account is free to open. https://mercury.com/partner/jamesbakercpa Wise - this is not a bank but is a useful way to get paid and pay other people sign up with my link to get free transfers up to $500.. the account is free to open but there are small fees to open different currency accounts https://wise.com/invite/ahpc/jamesb2812 Stripe - if you are selling anything I would first try stripe.com for payment processing. I don't have a special link for them. Let me know if there are other accounts you may be interested in, how this goes for you and which you prefer!
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Luis Lara
Peter Hake
Job Cime
Rudolf Schmidt
Jeanne Hoffman
New comment Nov '24
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What are you struggling with right now?
I have clients in every niche who are experts. I am exploring the idea of collaborating with them to create exclusive content for this group. Let me know here what would be most valuable for you right now. Also look at other responses and give a like if you are interested in that too - as we'll be starting with the most popular topics
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Gerhald Ramratan
Nii OB David
William Thomas
David McCracken
Lovet Mbah Tah
New comment Nov '24
Hi :)
Hi everyone! Iโ€™m originally from the Netherlands and now living in Costa Rica. I work as a data engineer for AI, helping to integrate AI into eCommerce platforms. Iโ€™ve been watching James Bakerโ€™s videos on YouTube for a while and have found them much more helpful than other sources like Reddit or LLC University. Theyโ€™ve given me a clearer understanding of how to set up a business and keep it compliant. Iโ€™m here to further broaden my knowledge and grow. :) Outside of work, Iโ€™m passionate about traveling and surfing. Iโ€™m looking forward to learning from all of you and sharing my own experiences along the way. Big thanks to James and the team for creating this amazing community!
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Paola Moreno
New comment 17h ago
Cellphone or eSim for US to Mexico and India?
Hi Everyone. I look for to speaking about LLC's and stripe etc but I need to start with the cellphone question. I found you through James' YouTube on cell phone for US banks. He recommended Ultramobile and Tello. I'm an american expat living in Mexico with american bank accounts and I'm about to live in India for 6 months so I need that number ringing in the US for text and conversations with my bank. What has been your experience? Since the law prohibits sending a chip to Mexico I seem to have 2 options. Buy the chip with a cell phone and have it activated and sent or use a eSim. Can you give me some advice on this. Thanks for your help.
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Vitaly Kliger
Paul T Burns
New comment 2d ago
Mercury Closed My Account & Is holding money
So on the 31st of december i tried logging in mercury, and it kept on declining i wasn't able to log in. They are holding money for about 22 days now. - i've emailed with 0 luck, they don't respond - tried everything with contacting admins There is alot of money in the account. Feels quite insane that a bank can do that What is another option here? Seems like I might just take this as a loss
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Paola Moreno
Kenan Salimov
New comment 2d ago
LLC question and export of foreign food products
My sister who plan to export her food staff from African to all over the world but need a single Memeber llc. The staff is a food staff called Tom brown a maize and millet mixture flour for making watery food to eat with bread ๐Ÿž . Can she sell it to client world wide without paying any taxes. And if in case someone order it does it means that the person ordering for instant in USA must pay the shipping cost of the product. What tax forms must my sister fill at the End of every year after her exportation of her food staff to client world wide. kindly help me with answers and will she need a website to drive traffic for interest client world wide to purchase or order her product.
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Paola Moreno
Evans Ampofo Yeboah
New comment 2d ago
Single member LLC question
Evans Ampofo Yeboah 5:25pm please if my uncle is a non us resident but an architect and he plans to register a single llc business in the USA, can he get client from USA and other countries and offer his architectural services to them and if yes will he pay tax to usa for offering his services as a non us resident professional architect. Please I need answer if yes to paying taxes which tax form will he fill when a service is render.
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Michal Uziak
Evans Ampofo Yeboah
Paola Moreno
New comment 2d ago
paid my LLC expenses with personal debit card, payment was reverted
Hello, I have a question - registrator charged my personal debit card for non-resident single member LLC expenses (annual fillings with the state), but reverted the payment afterwards. Should this transaction be on tax returns, or its not necessary?
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Hey everyone :)
My name's Islom, I'm from Uzbekistan, currently living in Dubai with my family of 4 (2 kids and a wife). I'm a Lead iOS developer (I manage a team of iOS developers, and manage communication between business stakeholders and technical people, kinda in between tech and business people.). Apart from work, I'm also heavy into forex trading and crypto investing. My biggest strength is definitely learning anything even when I have to do it from scratch. Stuff that I really love talking about is trading, investing and software development (obviously). My goal inside the community is to level up and start my own first online business (developing apps and distributing them on App Store/Play Market). I do not have Instagram, tiktok or snapchat, I only use Telegram (you can hit me up at this username @morb_b). Glad to be here, James has awesome videos on how to start a cheap US LLC and it is great :)
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Paola Moreno
Meadows Eleazer
James Baker
Alex Proca
Eugene Mills
New comment 2d ago
Hello!
Hello everyone. My name is Ebrahim Said/obisaid. I am from South Africa. I am an ex-telecommunications engineer, now a business owner. My biggest strength has been taking up the challenge to start my own company after 25 years in corporate. A leap from the Lion's Head, if you are an Indy fan :) I make movies and represent artists/film talent for a living. My goal is to increase my knowledge of running a successful and compliant business in the US, and to gain some relationships along the way. 2025 looks to be a good year. Good luck to you all. Thank you, James and Paola, for a warm welcome to the community.
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Paola Moreno
Ebrahim Said
Eugene Mills
New comment 2d ago
Private Bank
Is there any solution to opening a private bank account as a non US citizen?
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Paola Moreno
Osif Gonen
Brandon Smith
Michal Uziak
Eugene Mills
New comment 2d ago
Hello everyone
I'm new here, let connect together
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Paola Moreno
Evans Ampofo Yeboah
Eugene Mills
New comment 2d ago
Wise US dollar Account
Since Wise have halted the opening of US Dollar accounts, what have everyone been doing to get US Dollar accounts (for non-US residents)? Any way around this with Wise?
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Rudolf Schmidt
Andrew Andrews
Eric R
Adam Grow
Evans Ampofo Yeboah
New comment 2d ago
Dubai company Ownership of US LLC
Iโ€™m thinking to do a short term real estate business in USA by opening the LLC in the state of Wyoming along with a few other friends of mine. We want to open a multimember corporation in UAE or Estonia and have this corporation owned the LLC in USA. Is this arrangement possible? What thing should I be keeping in mind? Will I be paying taxes in USA for doing short-term Airbnb rentals?
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SMLLCs with Passive Income
I have a question about the following scenarios: A. A single member LLC (LLC A) with default passthrough taxation (sole proprietor, natural person, US citizen) has filed Schedule C in the past, but this year it is not active and only receives bank interest income. B. A single member LLC (LLC B) with default passthrough taxation (sole proprietor, natural person, US citizen) has filed Schedule C in the past, but this year it is not active and only receives royalty income (also passive income. On what forms does this income go? My understanding is that LLC A files Schedule B and LLC B files Schedule E. Is that correct?
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Paola Moreno
Megan Tucker
New comment 5d ago
USPS Form 1583 Notarization
I'm trying to go through an online notarization, however, most of the documents and are US-based (I'm a foreigner). Moreover, I'm in the UAE and I have an alien card (not a passport), yet the platform does not have this as an option. I'm from Uzbekistan, yet I do not have a 2nd form of identity verification (like a vehicle registration card as I do not own a vehicle in my home country). Do you have any suggestions on what to do?
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James Baker
Islom Babaev
New comment 7d ago
Need Help with EIN Application for My Wyoming LLC
Hi everyone, I hope youโ€™re all doing well. Iโ€™m a foreign non-resident who recently formed a Wyoming LLC, and Iโ€™m currently facing some challenges with obtaining my EIN. On December 24th, I faxed my completed SS-4 Form along with the Certificate of Organization to the IRS at +1 855 641 6935. However, I havenโ€™t received any response yet. Yesterday, I called the IRS to check the status of my application, but after providing the name of my LLC, they informed me that they couldnโ€™t find any record of my submission in their system. To resolve this, I re-sent the SS-4 Form to the alternative fax number +1 304 707 9471, but Iโ€™m still waiting for confirmation or any updates. Since Iโ€™m in a hurry to get my EIN to move forward with my business activities, Iโ€™d appreciate any advice or insights from those whoโ€™ve faced a similar situation. Thank you in advance for your help! Best regards, Najd Gallali
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Brandon Smith
Paola Moreno
Najd Gallali
Fernander Austin
New comment 8d ago
Ohio Benniel Reports - Do I need to file?
I've heard about these benniel reports that need to be filed once every 2 years (on the odd year). I have a multi-member LLC established in Ohio - Does anyone know anything about it and can reference me on how to fill it? Here's my resource https://www.ohiosos.gov/globalassets/business/forms/520_instructions.pdf
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James Baker
Danny Gelfenbaum
New comment 9d ago
Charles Schwab
James mentioned this banking option for US non-residents, no US address needed. Has anyone tried opening their International Brokerage Account and got the Debit card?
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Christian Hoch
Teesha Thompson
Sergio Arboleda
Meadows Eleazer
Benjamin-Smith Bortey
New comment 10d ago
Non-US Resident Seeking Guidance on Securing US Banking for My Wyoming LLC
Hi everyone, I hope youโ€™re all doing well! Iโ€™m reaching out for guidance and advice on a challenge Iโ€™m currently facing with setting up a US business banking account for my Wyoming LLC as a non-US resident. Background: - Iโ€™ve formed a Wyoming LLC through Doola and opted for their "Total Compliance Max" plan, which has been a great experience. Iโ€™ve also successfully obtained my EIN and set up my LLC with a registered agent address provided by Doola. - My business specializes in trading prop firm capital (Topstep, FTMO, etc.) and providing consulting services in technical analysis, risk management, and market insights. - I currently reside in Jordan and do not have any physical presence in the US. Unfortunately, Jordanian banks do not recognize trading payouts as legitimate income, making local banking solutions impossible for my business. The Problem: - Iโ€™ve applied to Mercury twice with Doolaโ€™s assistance, but both applications were denied. - I successfully set up a Wise account and received a payout, but Iโ€™ve been notified that my USD account will be closed unless I provide a verifiable US address by February 2nd. - While Iโ€™m considering setting up a UAE company to receive payments as a backup, my ultimate goal is to fully establish my US LLC and secure US business banking to operate as an independent, functional business. What Iโ€™m Looking For: - US Banking Solutions for Non-US Residents: 1. How can I successfully open a US business banking account without visiting the US? 2. Are there strategies, tools, or specific services that have worked for others in my situation? - Address Challenges: 1. Given Wiseโ€™s address requirements and Mercury's rejections, how can I secure a verifiable US address for my LLC? 2. Iโ€™ve explored services like VPM TruLease but I'm unsure if itโ€™s the best option. - Best Practices for Applications: 1. What steps can I take to improve my banking applications as a non-resident? (E.g., ITIN, custom utility bills, etc.) 2. If anyone here has successfully navigated this process, Iโ€™d love to hear your story.
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Paola Moreno
Najd Gallali
Kareem Al-Tarawneh
New comment 13d ago
What happens if I fill out W9 although not applicable?
Hi all, I have a problem: My German customer wants to have a W9 form filled out and does not accept that it is not valid for me (as I am not a US citizen and do not reside in the US (and single member, foreign LLC = aka disregarded entity). I did see the video James made 3yrs ago about exactly that situation, where he said it could produce some hiccups later but one could fill it out if it's the only way to get paid and explain the situation to IRS later. I have now heard that people can lose their tax free status and get major problems. So my question is: Are there new experiences around that situation? What happens if I fill out the W9 for them? I could also offer a W8-BEN, but that would not be correct either, since the client is German and not from the US (+ the service does not fall under the withholding categories) -> What happens if I hand it in anyway? I am a bit scared that they will then withhold 30%? Does anyone here have any experience of this?
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Paola Moreno
Olivia Jaegers
New comment 14d ago
Whats LLC's Final tax returns deadline for dissolved LLC in the middle of a year?
Hello, when dissolving the LLC in the middle of 2025, what is the deadline for LLC's Final tax returns? Thanks
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Paola Moreno
Martin Straka
New comment 15d ago
Single Member LLC US Bank Account - Non US Resident
Hey guys, so I've been studying this for a couple of days now on how to open a business account in US for non US resident. I've seen that if I can get a personal bank account in the US, I could easily use it to open a business account. So thinking about this I found the Charles Schwab International account Have any of you used this account or something similar to open a business account in the US? Additionaly, I saw that using something like anytimemailbox.com could work as well, and it's also cheap *If anyone has gone through these processes recently and wants to engage in this topic it would be awesome so we can see other perspectives as well
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Paola Moreno
Nathan Santos
Rudolf Schmidt
Brandon Smith
Evans Ampofo Yeboah
New comment 18d ago
EIN AND FIRST TAX LODGEMENT
Can anyone confirm the timeline regarding EIN and TAX... Is the first tax return due by the April AFTER the company formation or after the EIN is issued? Example, company formed in December 24. EIN received Dec 24. Is the tax return due by April 25 or 2026? If company formed Dec 24, EIN issued Jan 25, is tax filing due 2025 or 2026? I keep hearing different things on this. What is the driver for the first tax return date, the company formation date or the date of the EIN issuance? confused dot come! :) cheers
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Paola Moreno
Brandon Smith
Evans Ampofo Yeboah
New comment 18d ago
How to get a "US physical address"???
Hey guys! I already have an online business, Mercury account, and all the good stuff. I found about James on YouTube after looking for ways to get a "us physical address" for my business. Mercury asked for another "physical address" because they are no longer accepting mailcenters, po boxes, and registered agents. The address that I have is from iPostal1. Do you have any advice? I'm planning on using the address from the business I use to bring back to my country all the things I shop on Amazon. The truth is that I have no physical presence in the US.
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Luis Mendoza
Fernando Morales
Scott Letourneau
Jonathan Kling
James Baker
New comment 18d ago
I need help
Hello everyone i have been trying to fix a problem on my shopify store but i could not get it done. Please i need an expert to help me.
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Meadows Eleazer
Rachel Kellow
James Baker
New comment 18d ago
Which is the Best US Bank to Cash Out Crypto?
Hi WISE just rejected my transfer from Coinbase institutional account labeling crypto as "illegitimate" I remember both Mercury as well as Relayfi not being comfortable either. What are you guys using currently? Thanks
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Damian Gaitan
Michal Uziak
Sergio Arboleda
Eric R
Mila Vm
New comment 27d ago
Form 1040NR (digital)
I was watching James go through the form 1040NR in the classroom, and he jumped the question regarding Digital Assets. Is this question in relation to crypto globally or only for crypto inside USA? Would I be correct to assume as it's a USA form, the question only relates to USA jurisdiction?
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Paola Moreno
Meadows Eleazer
Brandon Smith
New comment 27d ago
Brokerage account with non-resident multi-member LLC
What have been your experiences opening accounts in US brokers with a Wyoming multi-member LLC as non-residents?
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Sergio Arboleda
Brandon Smith
New comment 28d ago
Accounting
Hi! I have an SMLLC as a non-US citizen registered in Delaware. I need an accountant to help me close the year. Can you suggest some firms? I run Kickstarter campaigns and have around 5 sources of income from Kickstarter, along with 5 transfers to my EU bank account. I donโ€™t have any employees or additional complexities
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Michal Uziak
Paola Moreno
New comment 30d ago
How to setup account with Interactive Brokers ?
I am a Canadian Citizen , have my US LLC in the state of Wyoming. I have US phone # , US registered agent and hence the address where I get my mail and have my EIN , haven't opened a Bank account yet. In the process of doing that. Interactive broker requires me to have proof of address other than the registered agents address . What can I provide as proof of address for the Business ? I provided them with the operating agreement but they rejected that. Please advise
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Paola Moreno
Marce M
New comment Dec '24
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