All Articles

18 articles

📋 Compliance6 min

The Registered Agent Trap: How a Lapsed Agent Can Quietly Dissolve Your US LLC

A registered agent is an ongoing legal requirement for every US LLC, not a formation-day formality. Here is how a lapsed agent quietly leads to missed state notices, lost good standing, and even default judgments — and how non-resident owners can prevent it.

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MP Partner Team

May 20, 2026

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📋 Compliance6 min

How to Properly Close Your US LLC as a Non-Resident: The Final-Return Checklist Most Owners Miss

Walking away from a US LLC without a formal dissolution leaves your filings open at the IRS and the state — and the penalties keep stacking up. Here is the closing checklist non-resident owners need, with the exact federal and state filings you cannot skip.

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MP Partner Team

May 19, 2026

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💰 Taxes6 min

ITIN for Non-Resident LLC Owners: When You Need One (and When You Don't)

An ITIN is not the same as an EIN, and most non-resident LLC owners don't need one just to run a US LLC. Here's exactly when Form W-7 is required, when it isn't, and what changed in 2026.

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MP Partner Team

May 18, 2026

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💰 Taxes7 min

W-8BEN vs W-8BEN-E for Foreign-Owned US LLCs: Which Form Do You Actually Send?

If a US client asks your foreign-owned LLC to fill out a W-9, the IRS rules say you almost certainly shouldn't. Here's exactly which W-8 form you owe them, what to write on each line, and the mistakes that cost non-resident owners the most.

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MP Partner Team

May 17, 2026

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💰 Taxes7 min

IRS Form 8832 for Foreign-Owned LLCs: When (and Why) to Elect Corporate Tax Status

Every US LLC has a choice about how it is taxed — corporation, partnership, or disregarded entity — made on a single page called Form 8832. Choosing wrong, or missing the 75-day deadline, can lock a non-resident owner into the wrong tax regime for five full years. Here is what the form actually does, when electing C-corp status helps, and when it quietly creates a tax bill you did not owe.

M

MP Partner Team

May 16, 2026

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💰 Taxes7 min

When Does a Non-Resident LLC Owner Owe US Federal Income Tax? Understanding ETBUS and ECI

Most foreign-owned US LLCs assume no US tax is due simply because the owner lives abroad. The IRS test is different — it depends on whether the LLC is engaged in a US trade or business (USTB / ETBUS) and whether the income is effectively connected (ECI). Here is what the IRS actually says, in plain language, for a typical non-resident founder.

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MP Partner Team

May 15, 2026

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🇬🇧 UK LTD6 min

UK LTD Annual Accounts and Corporation Tax: Deadlines, Penalties and What Non-Resident Directors Must Know

Every UK private limited company must file annual accounts with Companies House AND a Company Tax Return with HMRC — these are separate filings with separate deadlines. Non-resident directors routinely miss one or confuse them. Here are the exact deadlines, the late-filing penalty schedule, what happens to dormant companies, and the steps every non-resident director should take.

M

MP Partner Team

May 15, 2026

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📋 Compliance6 min

Delaware LLC Franchise Tax: The June 1 Deadline That Catches Non-Resident Owners Off Guard

Every Delaware LLC owes a flat $300 annual tax by June 1 - even with zero income or activity. Here is who must pay, what happens if you miss it, and how the penalties and loss of good standing add up.

M

MP Partner Team

May 14, 2026

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🏢 Formation6 min

How to Get an EIN for Your US LLC Without an SSN or ITIN (Non-Resident Guide)

You do not need a US Social Security Number to get an EIN for your LLC. Here is the exact IRS process for non-residents — which Form SS-4 lines to complete, how to apply by fax or phone, and how long it takes.

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MP Partner Team

May 14, 2026

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🇬🇧 UK LTD6 min

Companies House Identity Verification: What Every UK LTD Director Must Do Before the 2026 Deadline

Identity verification is now a legal requirement for UK company directors — including those who live abroad. Here is exactly who must verify, how to do it from any country, and what happens if you miss the November 2026 deadline.

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MP Partner Team

May 14, 2026

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🏢 Formation5 min

Why Wyoming is the Best State for Your LLC in 2025

Wyoming offers unmatched privacy, zero state income tax, and the lowest annual fees in the US — making it the top choice for non-resident entrepreneurs.

M

MP Partner Team

Jan 15, 2025

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💰 Taxes6 min

IRS Form 5472: The $25,000 Penalty Every Foreign LLC Owner Must Avoid

If you own a US LLC as a non-US person, you are required to file IRS Form 5472 every year — or face a $25,000 automatic penalty per violation.

M

MP Partner Team

Feb 3, 2025

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🏦 Banking5 min

How to Open a Mercury Bank Account for Your US LLC (Non-Resident Guide)

Mercury is the leading online bank for US LLCs owned by non-residents. Learn exactly what documents you need and how to get approved on your first try.

M

MP Partner Team

Feb 20, 2025

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📋 Compliance4 min

BOI Report Filing: Everything US LLC Owners Must Know in 2025

The FinCEN Beneficial Ownership Information Report is now mandatory for most US LLCs. Missing the deadline can cost you $500 per day. Here is everything you need to know.

M

MP Partner Team

Jan 8, 2025

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🏢 Formation7 min

US LLC vs UK LTD: Which Structure is Right for Your International Business?

Choosing between a US LLC and a UK LTD is one of the most important decisions for international entrepreneurs. This comprehensive comparison covers taxes, banking, privacy, and more.

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MP Partner Team

Mar 1, 2025

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🇬🇧 UK LTD4 min

UK Confirmation Statement (CS01): Deadline, Penalties & How to File

Every UK LTD must file a Confirmation Statement every year. Miss the deadline and your company risks being struck off the register. Here is exactly what to do and when.

M

MP Partner Team

Feb 10, 2025

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🏦 Banking5 min

How to Accept Stripe Payments as a Non-US Resident Using a US LLC

Stripe is the most popular payment processor for online businesses. As a non-US resident with a US LLC, you can access Stripe US — here is the exact process to set it up correctly.

M

MP Partner Team

Mar 10, 2025

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🏢 Formation4 min

New Mexico LLC: The Cheapest US Company with No Annual Report Required

New Mexico is one of the only US states that does not require an annual report for LLCs. If you want the cheapest possible US company structure, this guide is for you.

M

MP Partner Team

Jan 25, 2025

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