I am interested in applying for work in the US and approaching employers and then working under a contractor agreement. The impression given is that this is similiar to being a digital nomad and that it is easy. My understanding is that I would need to do the following
1. Setup an LLP
2. Get a physical business address
3. get an EIN for the cmpany
4. Get a bank account
5. Get a payment processor.
It seems easy. Anyone have any issues with this approach from a tax or legal point of view or are there any traps out there.
Replies (6)
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Number (1) should have read
‘take paid for advice from professionals’
Bumping a post less than 24 hours after posting, especially on a weekend is a bit rich. Are the Accountants on here not allowed a day off from being asked to give free advice?
Although the rules of the site state you cannot rely on any responses as ‘advice’ and nor is this a forum that can provide legal info.
Anyone have any issues with this approach from a tax or legal point of view or are there any traps out there.
If you’re asking about US immigration, employment and tax law, I would suggest that a UK based accounting forum isn't likely to yield much useful information.
And, as Leywood correctly says, this site is not for people who need advice.
I would take US law very seriously and get proper tailored and paid for advice.
+1
The US tax system has a reputation for being far more complex than the UK. You really do need a US specialist.
Gettin' in is easy. It's escapin' that's hard. (Josey Wales.)
I had a client went to work for a year in the States. Not seen her since.