taxes
Wyoming LLC Annual Report and BOI Exemption: 2026 Guide
Your Wyoming anniversary month, the online annual report process, and the permanent BOI exemption for LLCs created in the United States.
September 23, 2026
Blog
Guides and articles on forming a US company, taxes and running a business.
formation
Wyoming Registered Agent: How to Choose and Change One
Why the registered agent matters more when you run a Wyoming LLC from abroad, and what to ask before you sign up with one.
September 23, 2026
formation
Virtual Address for an LLC: What Foreign Owners Need to Know
Registered agent, mailing address, business address: which one goes where, and when a virtual mailbox is enough for your US LLC.
September 23, 2026
formation
Delaware LLC for Non-Residents: The Complete 2026 Guide
Can a foreigner own a Delaware LLC, what does it take to keep it in good standing and is it really the best state for a small international business?
September 23, 2026
tips
Wise: Complete Guide 2026 - Account Opening, Fees, Card, and Wise Business
Detailed Guide to Wise: Step-by-Step Account Opening, Required Documents, Actual Fees, Card, Belgian IBAN, Taxation in Greece, Wise Business for LLCs, and Comparison with Revolut and PayPal.
September 15, 2026
formation
Romania Company Formation: Costs and Taxation 2026
Complete Guide to SRL in Romania: formation and maintenance costs, 1% turnover tax, 16% corporate tax, dividends, VAT, administrator, and obligations.
September 11, 2026
business
Freelancer Greece: All Your Company Options and Real Costs
Sole proprietorship, IKE, or foreign company? A detailed guide for freelancers in Greece, covering costs, taxation, and the option of a US LLC for online services.
September 11, 2026
forologia
Crypto Gains: Taxation in Greece, the Upcoming 15% Tax & the LLC Solution
How cryptocurrency profits are treated in Greece today, the upcoming 15% tax with a $400-$500 tax-free threshold, and how a Wyoming LLC allows you to trade legally with zero corporate tax.
September 11, 2026
formation
Sole Proprietorship Taxation 2026: Tax Bracket up to 44%, EFKA, Costs & Liabilities
How a sole proprietorship is taxed in Greece: 9% to 44% tax bracket, advance tax payment, business levy, EFKA from day one, and why there's no legal protection. When it's beneficial and when it's not.
September 11, 2026
formation
IKE Formation: The Complete Guide for 2026
What is an IKE, how much does it cost to form and maintain, what taxes does it pay (22% + 5%), what are the manager's responsibilities, and when is an offshore company more advantageous.
September 11, 2026
formation
Company Taxation in Bulgaria: What You Really Pay
10% corporate tax with quarterly prepayments, 5% on dividends, and fixed expenses no one tells you about upfront. The full cost of a Bulgarian company.
September 09, 2026
formation
Bulgaria vs. Wyoming LLC: Which Company Is Truly Better?
Cost and Obligation Comparison Between a Bulgarian EOOD and a Wyoming LLC: Accounting, Insurance Contributions, Audits, Taxes, and What's Left in Your Pocket.
September 09, 2026
taxes
US LLC Tax for Digital Nomads: What You Actually Owe, and Where
Effectively connected income, tax residency while travelling, CFC rules and the filings a nomad-owned US LLC must make. A realistic guide, not a zero-tax pitch.
September 01, 2026
formation
Relocating Your Company Abroad: Legal Steps, Risks, and Taxation
How to truly move a Greek company abroad: redomiciliation, new company and gradual transfer, exit tax, substance, and costly mistakes.
August 31, 2026
formation
Offshore Company vs. US LLC: Which is Better for the Greek Entrepreneur?
Offshore Company vs. US LLC for Greeks: Taxation, Banking, Anonymity, Costs, and Realistic Scenarios for Which Structure Withstands Scrutiny.
August 31, 2026
formation
UK Ltd vs US LLC: Which Is Better for Non-Resident Founders?
A practical, no-hype comparison of UK limited companies and US LLCs for non-resident founders, covering tax, privacy, banking, VAT, and CFC risk.
August 31, 2026
formation
How to Close a US LLC the Right Way (Non-Resident Guide)
A practical, step-by-step guide for non-US residents on how to legally close a US LLC, avoid ongoing fees and IRS penalties, and consider dormancy or transfer as alternatives.
August 29, 2026
formation
Company Types in Bulgaria: EOOD, OOD, EAD, AD - Which to Choose
Detailed comparison of Bulgarian company forms EOOD, OOD, EAD, and AD, including obligations, costs, and what each option means for a Greek entrepreneur.
August 28, 2026
formation
Bulgarian Company Bank Account: What You Really Need
How to open a bank account for a Bulgarian company, what documents banks require, why foreign owners are rejected, and which alternatives work best.
August 28, 2026
formation
Company Formation Cost in Bulgaria 2026: What You Really Pay
Detailed cost of company formation and annual operation in Bulgaria for 2026, including the hidden expenses no one tells you about and the most advantageous alternatives.
August 28, 2026
irs
Why Bookkeeping and Proper Accounting Are Essential for Your LLC!
Your LLC might not declare anything in the US, but if your accounting isn't flawless, the IRS, banks, and Greek tax authorities will find you. See what happens when bookkeeping is missing.
August 27, 2026
formation
Stripe and PayPal for Non-US Residents: Getting Paid Through a US LLC
How payment processing actually works for a foreign-owned US company: Stripe eligibility, PayPal business accounts, the 1099-K question, holds and account freezes.
August 27, 2026
formation
Advantages of Forming a Company in Dubai
The 8 Real Advantages of a UAE Company, the Full Cost, a Comparative Table with Wyoming LLC, Cyprus, and Greece, and When It's Not Worth It.
August 27, 2026
taxes
Which Countries Have the Lowest Taxation for an Offshore Company
Comparing 8 jurisdictions with actual rates, annual costs, and what you ultimately pay in Greece as a tax resident.
August 27, 2026
taxes
Why Non-US Residents Selling on Amazon FBA Need a US LLC
Learn why a US LLC is the ultimate tool for international Amazon FBA sellers to simplify banking, reduce tax risks, and improve store verification.
August 25, 2026
taxes
How US LLC Income is Taxed for a Greek Member in Greece
Distributions from a US LLC to a Greek tax resident are treated as dividends at 5% for both single and multi-member LLCs. This is contingent on the correct structure and place of effective management.
August 22, 2026
formation
Cyprus or Wyoming LLC? The Comparison with Real Numbers
Two structures, two entirely different approaches. A comparison of taxes, costs, banking access, and compliance, with three real-world profit scenarios.
August 20, 2026
taxes
US LLC Annual Compliance Checklist: The Full Year-by-Year Guide for Foreign Owners
A practical, deadline-by-deadline checklist covering everything a non-US resident owner of a US LLC needs to file every year to stay compliant and avoid penalties.
August 18, 2026
formation
LLC vs C-Corp for Non-US Founders: Which Structure Actually Fits
Pass-through versus corporate taxation, withholding, compliance burden and investor readiness, compared for founders who live outside the United States.
August 14, 2026
formation
Dubai Free Zone vs Mainland Company: Which One Should You Choose?
Free zone or mainland in Dubai? Compare ownership rules, tax treatment, trading restrictions, banking acceptance and costs to pick the right structure for your business model.
August 12, 2026
formation
Cypriot Company and Greek Tax Residency: Where the Risk Lies
The most expensive mistake in a Cypriot structure isn't tax-related-it's structural. How is a company's tax residency determined, and what does a Greek audit practically examine?
August 05, 2026
taxes
Form 5472 Explained: The $25,000 Filing Most Foreign LLC Owners Miss
Who must file Form 5472, what counts as a reportable transaction, the deadlines, the pro-forma 1120 requirement and how to fix a missed filing.
August 05, 2026
taxes
How to Pay Yourself From a US LLC as a Non-Resident Owner
A practical breakdown of how non-US resident owners move money out of their LLC: draws, guaranteed payments, documentation, Form 5472 reporting, and the tax traps to avoid.
July 30, 2026
formation
US LLC for Consultants and Agencies (Non-US Residents): The Complete Guide
How marketing, dev, and design agencies and independent consultants use a US LLC to win American clients, handle net-30 invoicing, W-8BEN-E requests, and stay compliant without moving to the US.
July 29, 2026
formation
How to Open a US Business Bank Account Without an SSN
A practical walkthrough for non-residents: which providers actually approve foreign owners, what documents you need, why applications get rejected and how long it really takes.
July 24, 2026
formation
Estonia Company Formation via e-Residency: The Complete 2026 Guide
For a decade now, Estonia has built its reputation as Europe's digital paradise. A country of 1.3 million inhabitants that managed to become a magnet for thousands of foreign entrepreneurs thanks to one of the public sector's smartest marketing exercises: the e-Residency program. At GrowthBusiness, we receive many inquiries every month from...
July 21, 2026
formation
Forming a Company in Georgia with 1% Tax: Is It Really Worth It?
Over the last quarter, we've been receiving an average of five inquiries per week at GrowthBusiness from Greek freelancers and digital entrepreneurs who have watched a YouTube video about Georgia, its 1% tax, and the Individual Entrepreneur structure. They want to ask us if it's legal, if it works, and if it's worth it. The answer we give isn't...
July 21, 2026
formation
Forming a New Mexico LLC for Non-US Residents: The Quiet Alternative
Discover why New Mexico is the hidden gem for non-resident LLC formation. Compare costs, privacy, and maintenance against Wyoming and Delaware.
July 21, 2026
formation
The LLC Operating Agreement for Non-Resident Owners: Why It Matters and What to Include
Even though no state requires it, the operating agreement is what banks, payment processors and accountants ask for, and what protects non-resident owners' liability shield. Here is exactly what to put in it.
July 15, 2026
formation
Opening a Corporate Bank Account in Cyprus: What Changes in 2026
Company formation is the easy part. Bank account opening is where most Cypriot structures get stuck - what banks really ask for and how to pass KYC.
July 15, 2026
formation
Wyoming LLC Cost: What You Really Pay in Year One and Every Year After
A line-by-line breakdown of Wyoming LLC costs: state fees, registered agent, EIN, compliance filings and the recurring expenses most formation ads leave out.
July 08, 2026
formation
US LLC for SaaS Founders (Non-US Residents): Stripe, VC, Tax and Setup Guide
How non-resident SaaS founders use a US LLC to unlock Stripe/Paddle, win US enterprise buyers, pass SOC 2 reviews, and when it makes sense to convert to a Delaware C-Corp for venture funding.
July 08, 2026
formation
Cost of Company Formation in Cyprus: A Detailed Breakdown of All Expenses
The initial formation cost is the smallest part of the bill. A detailed breakdown of all expenses for a Cypriot company, from formation through its third year of operation.
June 28, 2026
formation
Single-Member vs Multi-Member LLC for Non-Residents: Which One Fits Your Business?
A practical comparison of single-member and multi-member LLCs for non-US residents, covering tax filings, withholding, banking, and asset protection differences.
June 26, 2026
formation
Anonymous LLC in Wyoming for Non-Residents: A Full Guide
Discover how an anonymous Wyoming LLC works for non-residents, including public-record privacy, IRS disclosure rules and the permanent BOI exemption for US-created companies.
June 23, 2026
formation
LLC for Non-Residents: How Foreigners Own and Run a US Company
No SSN, no green card, no US visit needed. How a non-resident forms a US LLC, gets the EIN, opens banking, and what tax is really owed on both sides.
June 19, 2026
formation
US LLC for Crypto and Web3 Founders (Non-US Residents)
Why trading desks, NFT/DAO projects and DeFi dev shops run on a Wyoming LLC, the banking and KYC realities, what an LLC does not solve, and how to handle Form 5472 and crypto bookkeeping.
June 17, 2026
formation
Forming an LLC in Wyoming from Spain
🇺🇸 Wyoming LLC, 2026 Guide for Spain Forming a Wyoming LLC from Spain: The Complete 2026 Guide for Non-Residents More and more Spanish freelancers, self-employed individuals, and digital entrepreneurs are asking themselves the same question: Is it worth forming a Wyoming LLC from Spain? The short answer is that, when structured correctly, it can be one of the most…
June 12, 2026
formation
Dubai vs Wyoming: Which Jurisdiction Fits Your Business
A UAE free zone company and a Wyoming LLC solve different problems. Cost, tax, residency, banking and substance compared without the marketing.
June 11, 2026
formation
Company Taxation in Cyprus: What You Really Pay in 2026
The 15% corporate tax is just the beginning of the story. An analysis of the true tax cost of a Cypriot company for a Greek owner, with numbers, examples, and costly pitfalls.
June 10, 2026
formation
Forming a US LLC for Remote Services: Ideal for Greek Freelancers and Digital Entrepreneurs
There's a question that keeps popping up in forums, Facebook groups, and freelancer discussions: "Is it worth opening a company in America when I work from anywhere else?" The short answer is yes - and in fact, the US LLC was always designed precisely for this profile. For someone who works remotely, invoices clients...
June 08, 2026
formation
Do You Need a US Address for an LLC as a Non-Resident?
A practical breakdown of the different types of US addresses an LLC needs, what banks and payment processors actually accept, and the tax nexus questions non-residents get wrong.
June 03, 2026
taxes
ITIN vs EIN vs SSN for Non-Residents: Which Number Do You Actually Need?
SSN, ITIN, and EIN get confused constantly by non-resident founders. Here's exactly what each one does, which one your LLC needs, and when an ITIN is truly required.
June 02, 2026
formation
Wyoming LLC: Why It Became the Default Choice for Online Businesses
What a Wyoming LLC really offers - privacy, zero state income tax, low annual cost and strong asset protection - and where it falls short compared to Delaware and New Mexico.
May 27, 2026
formation
What is a Registered Agent? A Guide for International Founders
Learn what a registered agent does for your US LLC, why you need one, and how to choose the right service for your business as a non-resident founder.
May 19, 2026
formation
Delaware vs Wyoming LLC: Which One Should Non-US Founders Choose?
Delaware isn't automatically the right choice for a non-resident-owned LLC. We compare franchise tax, privacy, legal infrastructure and costs to help you pick between Delaware and Wyoming based on your actual business model.
May 12, 2026
wyoming
How to Build a Global Agency's Prestige with a US Base
In today's globalized digital economy, your headquarters' geographic location is no longer a mere formality-it's a strategic advantage. For an Agency owner providing marketing, design, development, or consulting services, the "Greek stamp" on invoices can often be an invisible barrier. If your goal is to close high-ticket deals with…
May 11, 2026
taxes
W-8BEN vs W-9: Which Tax Form Should Non-US Residents Sign?
A practical breakdown of W-8BEN vs W-9 for non-US residents, covering single-member LLCs, Stripe and Upwork requirements, treaty benefits, 30% withholding, and the mistakes that trigger unnecessary tax problems.
May 06, 2026
formation
How to Get an EIN for Non-US Residents Without an SSN or ITIN
Learn the exact process for obtaining a US Employer Identification Number as a foreign entrepreneur, including Form SS-4 tips and realistic timelines.
April 28, 2026
formation
How to Start an LLC: The Complete Step-by-Step Guide
Every step to start an LLC, from picking a state to the EIN, the bank account and the annual filings, with real costs and the mistakes that cost the most.
April 18, 2026
formation
Forming a Wyoming LLC as a German Resident: The Complete Guide
More and more entrepreneurs, freelancers, and digital nomads from Germany are asking whether a US LLC in Wyoming is the right business structure for their situation. In many cases, the answer is yes. But how exactly does it work, what does it cost, and what should you look out for? This guide provides a clear, honest overview…
March 13, 2026
formation
Why Form a Holding Company in Wyoming
More and more Greek entrepreneurs have discovered in recent years the option to structure their business activities through an offshore company. And among the available choices - Cyprus, Netherlands, United Arab Emirates, Luxembourg - Wyoming, USA stands out for reasons not immediately obvious. It's no coincidence that...
March 10, 2026
formation
Company Formation for Freelancers - What's Best for You
If you work as a freelancer with clients in different countries, you've probably asked yourself: "Is it worth forming a company? And if so, where?" The answer is yes - and the optimal choice for a freelancer with international operations is a US LLC in Wyoming. In this article, you'll see exactly why and how you can...
February 20, 2026
formation
Company Formation Abroad - What You Need to Know
Establishing a company abroad has become one of the most popular business moves for Greek entrepreneurs, freelancers, and startups looking to expand beyond their borders. In this article, you'll find everything you need to know-from the reasons driving this choice to the country that stands out among all others...
February 19, 2026
formation
Wyoming LLC: The Smart Choice for Greeks in Dubai
Are you a Greek national living permanently in Dubai, earning money from remote services like digital marketing, social media, advertising, affiliate marketing, OnlyFans management, or are you a broker, trader, or consultant? Do you know you can form a US LLC with zero tax and complete anonymity, all without leaving your couch? In the US, the...
November 01, 2025
formation
How to Start a Wyoming LLC as an Indian Citizen - The Complete Guide
Setting up a Limited Liability Company (LLC) in the United States has become one of the smartest ways for non-US entrepreneurs to expand internationally, access American clients, and enjoy a business-friendly legal system. For Indian entrepreneurs in particular, forming a Wyoming LLC offers several strategic advantages: simplicity, low maintenance costs, flexible taxation, and strong asset protect
October 19, 2025
formation
5 Professions Ideally Suited for an LLC in Wyoming
Forming an LLC (Limited Liability Company) in the State of Wyoming has become one of the smartest business moves for professionals operating online or outside the US. The state offers exceptional flexibility, absolute privacy, zero taxation on non-US income, and a legal framework that protects company members. Here are five professions
October 04, 2025
business
10 Most Successful Businesses to Start in 2025
"As a 20-year-old with no business experience, what kind of business can I start in 2025 with very low investment?" If you're here, we assume you've thought something similar. Maybe you feel stuck in your job. Maybe you're one step away from quitting, but you don't know which business idea is truly worth your time-and won't...
August 15, 2025
formation
Creating a Wyoming Holding LLC: A Strategic Choice for Entrepreneurs
Forming a Wyoming Holding Company LLC is one of the smartest choices for entrepreneurs looking to protect their assets, mitigate risks, and optimize their tax strategy. Wyoming, known for its business-friendly legislation, offers an ideal environment for…
June 12, 2025
formation
Forming an IP Holding LLC in Wyoming
Intellectual Property (IP) is often a business's most valuable asset. Whether it's trademarks, copyrights, patents, or trade secrets, proper IP management and protection are critical for a business's long-term success and security. A proven strategy for protecting and exploiting
June 12, 2025
formation
Forming a Company in England or America: Which is Right for You?
Deciding where to incorporate your company is crucial, especially if you're considering international expansion or optimizing your business model. Two popular options are England, with its structured market, and the state of Wyoming in the USA, known for its business-friendly environment. Both destinations have…
April 08, 2025
formation
Offshore Company: What It Is and Its Advantages
Offshore companies are a topic that often sparks curiosity and discussion in business circles. They are commercial entities registered in jurisdictions outside the country where their primary business operations take place. Typically, these jurisdictions offer favorable tax conditions, confidentiality, and simplified administrative procedures. In today's globalized world, offshore companies are becoming
March 30, 2025
formation
The Best States for LLC Formation: Delaware, Wyoming, or Nevada?
When you decide to form an LLC in the US, choosing the right state is one of the most crucial steps. It's not just about geography, but also legal frameworks, costs, and ease of management that can impact your business operations long-term. The three most popular states for forming an LLC are Delaware,…
March 15, 2025
taxes
Complete Guide to LLC Tax Obligations
Are you an LLC owner drowning in a sea of information about filing your business taxes? Are you looking for ways to maximize your tax deductions, but end up confused about which expenses you can write off? If you answered yes to both questions, then this guide is perfect for you. Here you will find…
January 16, 2025
taxes
How to Get an EIN as a Non-US Resident
Starting a business in the United States can seem complicated, especially when it comes to obtaining an Employer Identification Number (EIN). The EIN is issued by the Internal Revenue Service (IRS) and functions like a Social Security Number, but for business entities instead of individuals. This critical nine-digit number is essential
January 16, 2025
formation
How to Choose an LLC Formation Company
Forming a Limited Liability Company (LLC) is a crucial step for any entrepreneur looking to protect their personal assets and benefit from tax advantages. Choosing the right company to form your LLC can significantly impact your business's success and compliance. Benefits of...
January 15, 2025
taxes
Tax Reduction Strategies Used by Companies Worldwide
Taxes are one of the most significant factors impacting any business's profitability. With the right strategy, companies can substantially reduce their tax burdens, ensuring they remain competitive and profitable. In this article, we'll analyze the legitimate tactics businesses use to lower their tax liability.
December 05, 2024
wyoming
Wyoming LLC: The Tax-Saving Solution for Croatian Entrepreneurs
In today’s globalized economy, savvy entrepreneurs are constantly seeking innovative ways to optimize their tax obligations and streamline business operations. For Croatian residents, establishing a Limited Liability Company (LLC) in Wyoming, USA, offers a strategic pathway to achieve these goals. Known for its business-friendly policies, Wyoming has become a global hub for international entrepren
December 05, 2024
taxes
Taxation of Dividends in Greece: What You Need to Know
What are dividends? Dividends are the monetary or other value distributed by a company to its shareholders or partners as a return for their participation in its share capital or profits. According to Greek law and tax authority guidelines, the Income Tax Code defines dividends as: "The term 'dividends' means..."
December 01, 2024
tips
Tap: The Smart Choice for Multi-Currency Accounts
Introduction Tap is an innovative financial platform offering solutions for easy money and cryptocurrency management, catering to both individuals and businesses. With services like multi-currency accounts, a Mastercard, and cryptocurrency trading capabilities, Tap stands out as a comprehensive choice for international transactions and investments. Available
November 19, 2024
taxes
How to File Prior Year Tax Returns
Filing tax returns in the United States can be a complex process, especially for non-resident aliens. If you've failed to file tax returns for previous years, it's crucial to understand the steps you need to take to rectify the situation and avoid potential penalties. Why it's important to file…
November 13, 2024
tips
Forming a Sole Proprietorship in Cyprus
Cyprus has become a popular destination for company formation, especially for European entrepreneurs seeking favorable tax conditions and easy access to European markets. The ability to establish a sole proprietorship in the form of a one-shareholder LTD is one of the main reasons many professionals and individuals invest in Cyprus….
November 13, 2024
formation
Forming a Yacht Brokerage Company in America - 0% Tax
The recreational boating market has evolved into a global industry with high demands and significant opportunities. The profession of a yacht broker, meaning a broker who manages boat sales, requires not only specialized knowledge but also the appropriate corporate structure to serve clients and market needs. Forming an LLC…
November 13, 2024
formation
Freelancer Taxation in Greece
In Greece, the term "freelancer" refers to professionals who provide services or sell products independently, without a fixed employer. While this model offers flexibility, it also comes with significant tax and bureaucratic requirements. Most freelancers in Greece operate as sole proprietorships or use a "blokaki" (freelancer's tax book), declaring their income and k
November 07, 2024
taxes
Sales Tax Nexus for LLC: Tax obligations in the US
Sales tax nexus, or simply "nexus," is a term referring to a company's obligation to collect and remit sales tax in a specific U.S. state when it has some form of connection or "tie" to that state. This concept plays a crucial role for LLCs looking to operate in...
November 07, 2024
formation
Freelancer? Start a Company in the US with 0% Corporate Tax!
A freelancer is a professional who offers their services without a fixed commitment to an employer. The services they can provide are wide-ranging and varied, from content creation, graphic design, programming, and marketing to accounting services and consulting. With the continuous rise of the digital economy, freelancers are seeking new solutions to minimize
October 17, 2024
formation
Airbnb Management Company: Formation in America
The short-term rental and tourism industry in general, spearheaded by Airbnb and Booking.com, has experienced rapid growth in recent years. Property owners are looking for ways to maximize their income, while travelers seek unique and authentic accommodation experiences. In this dynamic environment, reservation management companies play a crucial
October 15, 2024
formation
Service Company Formation
The service industry is one of the most dynamic and rapidly growing sectors of the global economy. With technological advancements and globalization, businesses in this field have gained unique flexibility. Now, they can be established and operate almost anywhere in the world, regardless of the physical location of their owners or clients….
October 10, 2024
taxes
Advantages of a Wyoming LLC
Choosing the right business structure is a critical decision for any entrepreneur looking to expand internationally. Limited Liability Companies (LLCs) in Wyoming, United States, have emerged as one of the most attractive options for businesses worldwide. With a unique combination of favorable legislation, tax advantages, and a high level of anonymity, Wyom
October 06, 2024
formation
Dubai Company Formation: Complete Guide
Dubai, with its strategic location at the heart of the Middle East and its rapidly growing economy, has emerged as a global business hub. Forming a company in Dubai offers unique opportunities for entrepreneurs looking to expand their operations into a market with favorable tax regulations and advanced infrastructure. This comprehensive guide…
October 06, 2024
formation
Can I Set Up Offshore? The Ultimate Guide!
Today, internationalization is key to growth and competitiveness. One strategy used to achieve this goal is the formation of offshore companies. But what exactly is an offshore company? It's a company established in a country different from the owner's permanent residence or...
October 02, 2024
wyoming
Wyoming LLC For Spain Residents
A Limited Liability Company (LLC) is a widely embraced business structure in the United States, renowned for its flexibility, simplicity, and protective features. It merges the operational ease of a partnership with the liability protection typically afforded to corporations. This means that the personal assets of the owners-referred to as members-are generally shielded from business…
September 30, 2024
formation
Where to Form Your Business?
Deciding where to form your business is a critical step that can significantly impact its success and growth. In today's digital economy, geographical location is no longer a limitation. Regardless of where you reside, if you provide online services, you have the option to form your company in…
September 28, 2024
formation
Company Formation in England or America?
In a world where businesses transcend geographical boundaries, choosing the right legal structure and country for company formation is crucial. Two of the most popular options for entrepreneurs internationally are the limited company (LTD) in England and the limited liability company (LLC) in the United States. Each of these…
September 26, 2024
formation
Business Startup Costs: How Much Will It Cost You?
Starting a business is a significant step for any professional looking to grow their operations and make a strong entry into the market. However, the costs and procedures involved in this decision can be major factors influencing the final outcome. In this article, we will thoroughly examine the cost of starting...
September 23, 2024
taxes
N26 and Taxes: What You Need to Know
N26 is one of Europe's most popular digital banks, offering innovative solutions for managing your finances. With the ease of opening an N26 account, many Greeks have chosen this platform for their transactions. However, the increased use of digital banks raises questions about oversight and…
September 23, 2024
tips
Mobile POS for Your US Company
The digital age has revolutionized how businesses manage their payments. If you own a company in America, your options for accepting payments are now more diverse and flexible than ever. From traditional bank transfers and card payments to modern payment links and now,…
September 23, 2024
formation
Company Formation in Cyprus: Everything You Need to Know
For decades, Cyprus has been one of the top destinations for foreign investors and entrepreneurs looking to establish companies. Its favorable tax system, strategic geographical location in the Mediterranean, and membership in the European Union offer a stable and business-friendly environment. Despite international pressure to tighten regulatory…
September 22, 2024
forologia
Revolut Tax Audit: What You Need to Know
Revolut has emerged as one of the most popular digital banks, offering flexible solutions to individuals and businesses. With its ability to facilitate fast transactions, low fees, and access to global markets, many have chosen to open a Revolut account for their daily financial needs. However, questions arise regarding the scrutiny that may be
September 21, 2024
formation
Company Formation in Malta - What You Need to Know
Malta has been one of the most popular destinations for foreign investors to form companies for years. Its favorable tax regime, strategic geographical location in the Mediterranean, and robust legal framework have made the country a significant hub for business activity in Europe. Despite its advantages, however, the landscape for...
September 19, 2024
formation
Company Formation in Bulgaria - Why You Should NOT Choose It
Establishing a company abroad is a significant decision for any entrepreneur seeking to grow and expand their operations. While Bulgaria was once a popular destination for company formation, today there are compelling reasons why this option is no longer optimal. In this article, we will...
September 18, 2024
forologia
OnlyFans Taxation: Guide for Content Creators
The digital age has revolutionized how content creators share and monetize their work. OnlyFans has emerged as a pioneer in this field. In this article, we'll explore what OnlyFans is, why it has become so popular, how creators' earnings are taxed…
September 15, 2024
tips
Payzy Cosmote - Account Opening
What is Cosmote's Payzy? Payzy is Cosmote's latest innovation in digital payments, offering a comprehensive mobile solution for managing your finances. It's a modern e-wallet application that allows users to make payments, send and receive money, and more…
September 15, 2024
tips
Opening a Revolut Account - Complete Guide
What is Revolut? Revolut is one of the most well-known digital banks globally, founded in 2015 in the United Kingdom. The platform offers a range of financial services available exclusively through its mobile app, allowing users to manage their finances more easily and quickly. It focuses on using...
September 15, 2024
formation
Delaware Company Formation - Everything You Need to Know
Forming a company in the US is a strategic move for many businesses looking to expand internationally and leverage the benefits of the American market. Delaware, a small state on the East Coast, has established itself as a premier destination for company formation. But what makes Delaware so attractive for…
September 13, 2024
formation
Digital Marketing Company Formation: Where to Open Your Business
Deciding to establish your own digital marketing company is a significant step toward independence and professional success. Digital marketing is one of the most dynamically growing markets globally, with businesses increasingly turning to the internet to promote their products and services. From SEO and…
September 11, 2024
formation
Company Formation in Bulgaria - Is It Still Worth It?
Forming a company in Bulgaria might seem like an attractive option for many entrepreneurs due to low tax rates and a generally favorable business environment. However, a comparison with other countries, such as the US, particularly Wyoming, reveals that Bulgaria may have limitations that could negatively impact the overall experience and…
September 09, 2024
formation
Holding Company Formation - Everything You Need to Know
A holding company (or participatory company) is a legal entity that holds stakes in other companies. Instead of operating as a traditional company that provides products or services, a holding company focuses on managing and controlling the shares or stakes of other companies. The primary activity of a holding company is to invest in and own assets of other…
September 07, 2024
formation
Company Formation for Freelancers in Wyoming
Freelancing activities are rapidly expanding in the global digital economy, with more and more Greek professionals offering their services worldwide through platforms like Fiverr, Upwork, or even independently. One of the most effective ways for a freelancer to optimize their business structure is to form a company
September 05, 2024
formation
Company Formation for Web Developer Services in Wyoming
In today's digital economy, web developers enjoy the freedom to work remotely and serve clients worldwide. Greek web developers, and IT freelancers in general, can leverage the benefits of forming a company in America in a state like...
September 04, 2024
forologia
Delaware: The Tax Haven for Companies in America
Delaware is the most famous destination for company formation in the United States, and for good reason. For decades, Delaware has earned a reputation as a "tax haven," attracting thousands of entrepreneurs and companies from around the world. But what exactly makes Delaware so appealing? And why has it become synonymous with business prosperity?…
September 02, 2024
formation
Sole Proprietorship in the US: A Guide for Greek Entrepreneurs
In Greece, the sole proprietorship is a popular business structure, especially for freelancers and small businesses. However, entrepreneurs who choose this company type face various challenges, primarily due to the tax burden and fixed annual expenses. The taxation of sole proprietorships in Greece is progressive and can be quite high.
September 01, 2024
formation
Setting Up a Travel Agency in the US Without an IATA License
Forming a company in Wyoming is one of the most attractive options for entrepreneurs looking to benefit from the favorable tax conditions in the United States. With zero corporate income tax, Wyoming offers significant advantages to businesses seeking ways to increase profitability while protecting their assets. This
August 31, 2024
taxes
Amazon FBA & Dropshipping with 0% Tax!
Companies formed in Wyoming are one of the most attractive options for entrepreneurs worldwide, primarily due to the unique advantages they offer. One of the most significant benefits is 0% corporate tax, which allows businesses to retain all their profits without the need to pay corporate-level taxes...
August 15, 2024
formation
Open a Travel Agency in America!
If you're thinking of opening your own travel agency with an IATA number, but the difficult procedures in Greece and the large guarantees are a hurdle, we now have the solution for you! The Growth Business team researched and found the best possible option for you to sell travel services worldwide, with...
August 01, 2024
taxes
How to Get 5% Tax on Your Crypto!
If you're involved with cryptocurrencies - especially if you've made significant profits from them - you've surely noticed that in Greece, you can't declare them and legally hold your money. Some declare them as capital gains from stocks, others as intangible securities, and so on. But all of the above are essentially not…
July 30, 2024
taxes
What are the differences between SSN, EIN, and ITIN
Tax identification numbers can be confusing for many. How do we differentiate between a Social Security Number (SSN), an Employer Identification Number (EIN), and an Individual Taxpayer Identification Number (ITIN)? Can they be used interchangeably? Are you wondering, "Do I need an SSN, EIN, or ITIN?" Read on to understand the difference between
July 25, 2024
taxes
How a Foreign-Owned LLC Distributes Profits
Limited Liability Companies (LLCs) are a popular business structure in the United States due to their flexibility and tax advantages. The state of Wyoming, in particular, has become a favored destination for LLC formation because of its business-friendly legislation and tax transparency benefits. In this article,
June 11, 2024
formation
Wyoming vs. Delaware for LLC Formation
Wyoming vs. Delaware for LLC Formation: An Analysis of Differences and Advantages Between the Two Popular States for LLC Formation Choosing the right state for forming a Limited Liability Company (LLC) is critical for entrepreneurs and small to medium-sized businesses. Two of the most popular states for LLC formation…
June 03, 2024
formation
Holding Cryptocurrencies in an LLC
A Wyoming LLC can legally own cryptocurrencies, stocks, or other assets and trade under the business name, enjoying 0% corporate tax on its profits! In this guide, we'll explore the advantages and potential disadvantages of holding cryptocurrencies through an LLC. Advantages Liability Protection: The…
May 14, 2024
formation
How to Get an EIN for an LLC
To ensure the smooth operation and legal compliance of your new LLC, it's crucial to confirm you've met all your tax obligations. The process begins with registering the LLC with the appropriate state authority, typically the Secretary of State's office. After registration, the company owner must...
May 04, 2024
taxes
Wyoming Company Taxation for Non-US Residents
If you're looking to form a Limited Liability Company (LLC) in the United States, Wyoming offers distinct advantages, from privacy protection to favorable tax treatment. Specifically, non-US residents are not taxed on income earned outside the US. Wyoming consistently ranks as one of the top states for...
April 29, 2024
formation
Delaware LLC Formation: Advantages and Challenges
Starting a business is a process full of challenges and opportunities, with forming a Limited Liability Company (LLC) standing out as a top choice. Many founders choose to register their LLC in a state different from where they operate, aiming to take advantage of legislative and tax benefits. One such…
April 26, 2024
formation
How to Start Your Own Company in Delaware!
Forming a company in Delaware might seem like a daunting task for most, but with the guide below, you can set up your own US company step-by-step! Of course, at Growth Business, we handle everything for you, delivering your company ready for business in just a few days! Let's see how you can get started...
April 23, 2024