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As an Australian citizen, will I have to pay tax on the income generated by my Delaware LLC?

By IncNow | Published October 30, 2015

Flag_of_AustraliaI am keen on learning more about setting up an LLC in Delaware. As an Australian citizen living outside of the USA, will I have to pay tax on the income/profit generated by the LLC, or would I be paying taxes as part of my personal income tax?

Dear Customer,

We would be happy to help establish your LLC for you. While we suggest you ask specific tax questions of a CPA, typically for a single-member LLC, if there is no US source income, there is no personal tax return required. Please go to the IRS website and read about FBAR requirements.

If a Delaware LLC is not doing business inside Delaware, you do not have to pay income tax or file a return in Delaware. Delaware only requires that an LLC pay $300 annual franchise tax due June 1 and maintain a registered agent such as IncNow.

When deciding where to form your company, consider that Delaware has advantages over your home state that may benefit you. Go