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Global Business Growth Club

Public • 1.5k • Free

7 contributions to Global Business Growth Club
New Address Rules
Hey all! Sorry I haven't been around much but I've been working on these new rules about the addresses. In short, check out the last three videos I put on the channel. I have move coming. Mercury For this the virtual business address has still been working but you need proof of your home address. The home address can be foreign from what I've seen. Relayfi They require at least one physical address in the US. If you have residential in US then you can use a virtual address. If you don't have US residential address then you need a real business address. It is possible that anytime mailbox (the right address) could work for this. For my clients, I have a bunch of clients in the US and we are using different physical addresses in Miami. It's annoying to track but it allows the clients (new clients) of mine to get relayfi accounts. I'm still exploring how to get residential addresses but have a video of that coming as well. A lot of this is trial and error and stay tuned I am researching and sharing more.
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New comment Jun 5
0 likes • May 3
@Hh Ll I used a US address for personal address as well ☺️
0 likes • May 3
@James Baker thank you James 🙏
BOI Report as non-resident foreigner LLC owner
Hi, this is my first time on this platform and I would like to share my greetings with everyone. I’ve recently started my company as a Single member LLC in Florida using a 3rd party registered agent. I’ve obtained my EIN , formation letter. Opened a bank account with Mercury using my registered agent address. I’m stuck with the BOI report filing as my registered agent mentioned that it’s not possible to file the BOI unless I have a physical address in the US. “ PO Box , Virtual Office not accepted “ As I don’t live in the US I have no idea how to overcome this issue while I’m running out of time. I have already purchased the BOI filing with my agent but they can’t proceed because I didn’t provide an address. In this situation what are my options ? P.S: I have no one in the US to use their address , I know literally no one. but I do have a virtual mailing office also using a 3rd party agency. I’d appreciate any help I’m booked with James for a call on 29th Feb. But if I get my answer I would cancel it to give a chance for other people to talk early.
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New comment Jun 10
0 likes • Apr 19
@Kareem Nagy if I knew you, I’d hug you ❤️🎉
1 like • Apr 19
@Kareem Nagy thank you! Same for all of you guys, I love this community!
Don´t make this mistake when opening a Bank account for your LLC
Hi everyone! have you seen James's latest video on Instagram? Take a look and make sure to avoid those mistakes when you're opening a bank account 😀🙌 https://www.instagram.com/reel/C5RLT9jobEW/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
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New comment Apr 5
0 likes • Apr 3
Would it have an impact on taxes if I have a proof of address in the US? I managed to get my name on the electricity bill of a friend, that helps with real banks like Chase. If I provide the same for Mercury, are they going to consider me as US resident? And maybe impact the taxes situation?
0 likes • Apr 5
@Damian Gaitan Thank you so much , it does help. How about when banks ask place of business (or where the business is held on a day to day business) ? If I also put a US address, it’s just easy for proof of address than my country. Our documents are not very reliable.
Mercury application declined
My Mercury application has been denied. I put Place of business, as in my home country (Tunisia) which is not in their prohibited list. They asked for a bank statement, with the address in Tunisia, I had something similar as my bank statement didn’t have the right address. If any of you had been successful with Mercury, what did you provide? Did they accept Place of business not in the US and what documents did you provide? Also, what would be the risk if I change place of business in the US (maybe with another bank) , my business partner has a US address and a bank statement with it (when though our real place of business is in Tunisia), would that impact our taxe return, as we will be reporting as we are making business outside of the US? Thank you
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New comment Mar 26
0 likes • Mar 26
@Luis Mendoza I will now and keep you posted. Thank you
1 like • Mar 26
@Homam Salahie I will reapply, when you put place of business US, they ask for a proof of a bill or bank statement with your name and that address. I added my name to a US bill, I ll try again. Thank you for your response as usual ☺️
Doing business in the US / Mercury Requirements
@James Baker @everyone What does it mean for banks like mercury when they ask the SMLLC if they are doing/planning on doing business in the US? Can my payments to my LLC’s virtual office, registered agent, or consultation with James Baker fill this gap? Or do I have clients that pay me to qualify for this?
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New comment Mar 26
2 likes • Mar 25
Following this question: when they ask for place of business on a day to day, if I put a US address, would that impact my taxe return as I will be filing as non resident doings business online outside of the US?
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Feriel Charfeddine
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37points to level up
@feriel-charfeddine-4681
Young future entrepreneur with a lot of questions

Active 156d ago
Joined Feb 12, 2024
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