OnlineDiveShop
12-03-2013, 01:30 AM
Good Day!
We are a Hong Kong based company and run an online web store based in Hong Kong, with customers around the globe ... we ship from our office in Hong Kong directly to these customers.
We use a Hong Kong based Payment processor which allows:
1. Withdrawals to Hong Kong Based Bank account in HKD (Very High currency conversion fee's)
OR
2. Withdrawals to US Based bank account in USD (FREE / No fee's)
The Second option provides a massive saving on exchange rate.
So we would like to:
1. Register a Delaware LLC with an EIN
2. Travel to the US to open a US Bank Account for for the Delaware LLC.
The Payment would then go from:
Retail Customer -> HK Based Payment Processor -> US Bank Account (Owned by Delaware LLC) -> HK Bank account (By Wire)
Remember we are Hong Kong based, Staff in Hong Kong, Goods in Hong Kong and ship Items directly from Hong Kong. No Set up in US apart from Bank account.
Does anyone have any contacts of Lawyers that could help determine if the above setup is liable to US State / Federal Taxes.
Any advice would be greatly appreciated,
Thanks!
Sharon
PS: We did originally have a US Bank account opened in from Hong Kong.
BUT
HSBC (Who we bank with in Hong Kong) has just closed our US Account for the reasons mentioned in the following article: HSBC Cuts Off Some Small-Business Clients - WSJ.com (http://online.wsj.com/news/articles/SB10001424127887323846504579071432674171244)
We are a Hong Kong based company and run an online web store based in Hong Kong, with customers around the globe ... we ship from our office in Hong Kong directly to these customers.
We use a Hong Kong based Payment processor which allows:
1. Withdrawals to Hong Kong Based Bank account in HKD (Very High currency conversion fee's)
OR
2. Withdrawals to US Based bank account in USD (FREE / No fee's)
The Second option provides a massive saving on exchange rate.
So we would like to:
1. Register a Delaware LLC with an EIN
2. Travel to the US to open a US Bank Account for for the Delaware LLC.
The Payment would then go from:
Retail Customer -> HK Based Payment Processor -> US Bank Account (Owned by Delaware LLC) -> HK Bank account (By Wire)
Remember we are Hong Kong based, Staff in Hong Kong, Goods in Hong Kong and ship Items directly from Hong Kong. No Set up in US apart from Bank account.
Does anyone have any contacts of Lawyers that could help determine if the above setup is liable to US State / Federal Taxes.
Any advice would be greatly appreciated,
Thanks!
Sharon
PS: We did originally have a US Bank account opened in from Hong Kong.
BUT
HSBC (Who we bank with in Hong Kong) has just closed our US Account for the reasons mentioned in the following article: HSBC Cuts Off Some Small-Business Clients - WSJ.com (http://online.wsj.com/news/articles/SB10001424127887323846504579071432674171244)