Physical Address - Clarification
Hello everyone, Although I haven't solved the Mercury bank and physical address issue yet, I now have a few questions about it. 1. If my foreign-owned single member LLC leases a real office suite or a coworking space, it will then become fully taxable and required to file accounting/tax returns. Just as if it had employees or a physical shop. Is this correct? 2. This isn't the case with a virtual street address... Right? 3. If I tell Mercury bank that my physical address where I operate my business is my residential address (in my case the EU) will this have any consequences for my LLC or me personally? (Like taxes, reporting, or ....?) A professional response would be greatly appreciated @James Baker ;) and of course everyone else's too.