NCP and Sales Tax System has been a valuable partner to Payoneer for several years, and as a leading expert in U.S. expansion, including entity formations and U.S. taxes, his knowledge is valuable to Payoneer’s global eCommerce merchants.
-Ben Stein, Partnerships at Payoneer
Scott and his teams are an absolute pleasure to work with and a model of consistency. They help entrepreneurs set up their U.S. companies, which is a crucial step in establishing merchant accounts with us at Payengines.
-Kevin Parlin, CEO, PayEngines
You will have access to a 45-minute video by our CEO, Scott Letourneau, reviewing your best options for both state and entity so that you can move forward with confidence.
Our video training includes the U.S. tax responsibilities with each option and tax returns required. We also provide you a quick start summary of the most common U.S. structure with either a foreign individual or entity owner.
If you need a referral to a U.S. tax attorney or CPA, we will make that introduction (professional fees are separate). A 90-minute video with U.S. Tax Attorney, Marc Schwartz as Scott Letourneau is interviewing him about U.S. tax treaties and other requirements for foreign sellers.
If you require additional support, we offer paid strategy sessions beyond the training provided.
We will make sure your preferred business name is available and do a courtesy Federal Trademark Search. If your designed name is not available or if there is a conflict, we will contact you for alternative suggestions and keep working with you until we find a solution.
If your entity is sued, a Registered Agent is the contact point to accept the service of process and forward that lawsuit on to you. Our team is well trained to handle service of process and properly handle other inquires. We have an automated follow up system to help you renew with reminders of your state filing requirements also.
You have access to our newly updated video online training on every part of your record book with simple step-by-step instructions. Includes training on an initial list (when required), initial minutes and meetings, bylaws, operating agreement (matching how many members and taxation type of the LLC), stock ledger and certificates, and 8832 when required... to help you with a COMPLETE FORMATION. Questions on any part of your record book? See our simple, step-by-step videos. Need more support; support@LaunchWithConfidence.com
ur U.S. virtual premium address, scan sales tax permits, merchant statements & other virtual business mail for timely execution. What makes us different is that our experienced team with every notification you are likely to receive from the IRS or state tax agency. Either we can direct you, or we have a referral partner that will know your steps to stay in compliance with your U.S. business. Our service in our packages includes one entity name and one personal name. If you have multiple entity names, we have an upgraded version for $67/month that includes UNLIMITED business and personal names. Includes a real physical address that will work for both U.S. bank account options. Our Las Vegas U.S. bank option provides a lease agreement if required by your merchant provider. If a local utility bill is needed for a merchant account, that is separate. It is critical as an e-commerce seller on Amazon.com, Walmart, eBay, or other platforms that you receive your mail scanned to you on a timely basis. Sales tax compliance is especially important after the U.S. Supreme Court Wayfair vs. South Dakota decision in June 2018. Even with marketplace nexus, there are a few remaining states that require sales tax registrations. If you sell on a non-marketplace such as Shopify, you may need to register for sales tax in multiple states based upon only 200 transactions. Sales tax registrations and the mail that comes, as a result, must be handled to minimize late fees on sales tax and actual filings that are due. Even if you don't expect much mail, our service options will support you to have both a premium U.S. address plus have the occasional piece of email scanned to you for notification. You will want the IRS letter to come to our address after we apply for your EIN. Our online banking service requires this letter to open your U.S. bank account. Our team will scan or scan and forward your mail based upon your requests. Fees to scan or forward are separate.*
You will receive two U.S. bank options. One without travel to the U.S., and one with travel. Non-travel option - we now have a non-travel full U.S. bank account option also. You will receive a separate email with details. This online banking option has no monthly bank fee. It is a fully functioning U.S. bank account with a debit card, and the ability for an ACH pull (it is not Payoneer). Here are the details on our travel option- NCP will send over the entity information required for the U.S. bank account, including which states to travel to open the bank account. The excellent news is Las Vegas is one of them. All partners are required to be at the bank to open the account. The deposit into the account is separate. A $100 deposit is required. If either bank account option requires a lease agreement in the future due to compliance by the bank, we are able to provide that as a part of our U.S. Virtual Address Service. Even though others may be able to set up a bank account, many get shut down within the year with more compliance required.
This training will cover the basics of U.S. tax treaties and the importance of filing protective tax returns and the 8833 disclosure form.
After you approve your company information we will file your completed articles with the Secretary of State.
Our corporate or LLC record book is part of your documents for your company.
Businesses are required to have a Federal Tax ID Number, also called an employer identification number (EIN). With NCP's Tax ID Obtainment Service, we will obtain your company's EIN from the IRS once your business formation is approved by the state, and you have returned via email the signed SS-4 application.
Since you are outside the U.S. the IRS has changed the process, and we will need to fax the SS-4 application to the IRS, and it will take about 6-10 business days to secure the EIN. Your signature is required, and the form may be emailed back to our office.
[Key point]: The SS4 must be completed properly. Especially on line 9a, which must line up with the correct U.S. tax return.
Mistakes on the SS4 are complicated to fix with the IRS. If the owner of your US LLC is a foreign entity, we will need a separate EIN and to file form 8832.
Our team has a complex spreadsheet internally that has been reviewed by tax firms to ensure you are going to file the correct U.S. tax returns related to your business situation.
Includes all the support listed above with our U.S. Virtual Address Service for 12-months, just that you will pay for the service for another 11 months at $37.00 per month. Scanning or forwarding of mail is separate. *
*Sales Tax System is a division of Nevada Corporate Planners, Inc. established in 1997 in Nevada.
They depend upon entity type and state. Example: NV State Filings Fees for an LLC; $425. Wyoming is $100.
If you choose mail forwarding as an option. Scanning only does not require a mail deposit.
Our U.S. virtual basic address service applies to Essentials and Complete Formation packages. Scanning and/or mail forwarding fees are separate. See our mailing fees chart.
The monthly banking fee for a bank account without travel is free, for a bank account with travel is $10 per month. Your bank deposit is not required upfront. Our Essentials package does not include our banking service.
Including operating agreement/bylaws, minutes, resolutions, instructions, and shipping outside the U.S. The packages above all include an online digital version of the record book. This is not required but an option.
Nevada and Wyoming formations are completed in about 48 hours after our team files them.
You will have our U.S. Entity Form along with written and video instructions to complete and submit to our team within 15 minutes of your order. If you need more time to watch our video training on which state and entity are best or to speak with your accountant in your country, that will impact the filing time until the form is submitted and reviewed by our team. Our system will automatically send you reminders to complete this form and submit online to our office.
You will also have this form right after you order and will need to complete this for us to file your U.S. entity.
Once you submit your U.S. Entity Form and it is approved, we will send you a link to pay your state fees.
Our process is to fax the SS4 to the IRS to obtain your EIN with a U.S. address. The IRS requires typically 5-7 business days to submit the EIN, or our team will follow up. This time frame has been slower due to COVID-19.
Our team will follow up the same day during business days Monday-Friday, or within 24 hours for your questions.
The fee ranges from $125 to $200. Nevada is $200 and includes filing your annual report and follow up. Learn more here.
Examples; Nevada LLC is $350, Wyoming is $52.
$397 for another 12 months.
The most common is a 5472 and 1120 for a U.S. single-member LLC disregarded owned by a foreign entity or individual. Only the LLC name, address, and items B and E are required.
Other returns that come into play for the foreign owner are a 1120F protective return, 8833, or 1040NR, W-7, and 8833. We will refer you to our tax partners for a quote and send you email reminders for your annual tax returns.
Ordering FAQs
Our process to help you form a U.S. company is the most complete. We understand you may not know all the questions to ask. That is why we will bring them up with our training and double-check your choices.
For example, should an LLC be managed by managers or members? It seems simple, yet it is an important question that most online companies get wrong, and it will impact your business on many levels.
Here is a list of considerations that we recommend you evaluate during our entity formation process.
Our U.S. entity packages do not require you to know which state or entity before you get started. We have two options for support.
One (our most popular) is to schedule a 45-minute strategy call with an email summary with our CEO for $397.00 to obtain a special recommendation for your situation.
Your $397.00 investment will apply as a full credit towards our U.S. entity packages when you are ready to move forward with your formation. Learn more here about this one-on-one strategy call.
Our second option is to schedule a free call with our team, review our packages and current pricing, and select a package to get started. Go to the link at the bottom of this page to schedule your free call.
Our packages include a video training by our CEO for the most popular options, U.S. entity structure, best state and why, and what your U.S. tax return responsibilities would be with each option.
Our team will also review your submission after getting started to ensure it lines up with our SS4 application and your U.S. tax return responsibilities.
After step 2 below, when you submit your web form with your type of entity and state. Your state and entity type will determine your state fees, and our team will send you a separate email for payment.
The good news is you don’t need to know which state and type of entity before you start with NCP. Our video training will help guide you through your best options.
We will authorize the minimum amount of stock for each state. Some states have a higher filing fee based upon the number of shares and par value. Nevada, for example, at 75,000 shares at no par value equates to a $75 state filing fee, their lowest level.
If you have a special request for more stock to be authorized and a different par value, we will send you a separate price quote before we file your corporation.
The time to file your LLC or Corporation will depend upon two factors; first, which state, and second, how fast you provide us the information on our step 2 & 3 of our process.
Some states like Nevada and Wyoming can be filed within 24-48 hours of steps 2 & 3 being completed; others like California may take up to 2-3 weeks. States do offer expedited options in most cases, if necessary.
Update: An EIN number for a U.S. entity where the responsible party does not have an SSN or ITIN, will take much longer due to COVID.
After you submit payment, you will go to our thank you page to our next steps link to complete our web form. This link includes our special training and tips on which state and entity are best.
If you miss the link on the thank you page, we also send you a welcome email with the same link to get started.
Please check your junk folder for an email from support@launchwithconfidence.com (our NCP brand) if you don’t see the welcome email within 10-15 minutes of payment.
Our leading brand, Nevada Corporate Planners, Inc. (NCP), will show up on your merchant account receipt.
Yes. If your entity has physical nexus in another state and it is required to foreign qualify or register we have separate services to help you with that process also. Learn more at this link.
Yes. We work with a group of top CPA firms (and tax attorneys) that specialize in filing U.S. tax returns that may be required. That may include the 1120 or 1120F protective return, along with the 8833 treaty disclosure, or form 5472, 1040NR, along with the W-7. Tax returns fees are separate from our U.S. entity formation packages.
Compare us to other online LLC or Corporate formation companies is like comparing setting up an Amazon account to running an Amazon business.
The other online companies will help you file the articles and obtain an EIN, but they cannot connect all the crucial dots with U.S. tax treaties, sales tax requirements, ACH pull, protective tax returns with the right CPA firms…
If you are looking for a company with a long track record (24 years) who works and hire experts behind the scenes to solve U.S. tax issues that you don’t even know about, you are at the right place.
It is important to note that we have had to clean up many “basic filings,” and our tax partners had to deal with years of IRS issues for these clients, which ended up costing them 100X what they paid for the “basic U.S. LLC” formation.
Our team is highly training on complex issues from U.S. sales tax compliance to taxation and entity strategies. We use Zendesk for your e-mails (tickets) and our team will respond to your questions, queries, and needs very quickly.
Each order is carefully evaluated before filings. This is not a mill that pumps out LLC filings without review.
Powerful one-on-one strategy sessions with our CEO are available also. Learn more here.
Our simple checklist will help keep you on track with your new U.S. entity formation (especially the steps after formation).
You will be guided with important steps, including capitalization, banking, business credit, partners, bookkeeping, and much more.
Our exclusive membership includes steps to help you with completing your entity record book, including completing your operating agreement, issuing membership interests or stock certificates, minutes of meetings and resolutions, capitalization, protecting IP, immigration, U.S. tax laws, and so much more.
You will receive timely updates throughout the year for your U.S. tax responsibilities, sales tax changes, or other important deadlines to keep you in compliance. Sales tax is a contact moving target that we are on top of for you.
STS is partnered with the best of the best in the areas of taxation, sales tax, bookkeeping, tax treaties, trademarks, legal, and much more. Need a resource? Let us know, and, as our client, we will provide an introduction.
Learn the steps to determine which state and which entity (and U.S. tax impact) is best when forming your U.S. company. Our support team, along with our 45-minute U.S. formation video and best state and entity summary, will simplify the process.
Complete Support from Company to Sales Tax Guidance
Get a Free Evaluation Before You Start on the Next Page
Schedule your call to review our current packages, prices, and time framesSince 1997 Nevada Corporate Planners (NCP)* has helped thousands of business owners and entrepreneurs launch their business with confidence. As a client, you will have access to our vetted professional resources. Sales Tax System and NCP* is your U.S. one-stop resource for launch your U.S. company.
