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Created by James

Global Business Growth Club

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The Global Business Growth Club was created to be a space for entrepreneurs from all over the world, to collaborate and grow their businesses.

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The Global Business Growth Club was created to be a space for entrepreneurs from all over the world, to collaborate and grow their businesses.

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155 contributions to Global Business Growth Club
Q&A with James right now!
Hey everyone, I don't know if it was announced here is the link. I'm doing a short Q&A today. My last call went late. See you there if you can https://zoom.us/j/94141727249
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New comment 10d ago
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.
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New comment 15d ago
0 likes • 15d
@Mila Vm is your agent a big law firm? You can use Tru lease for personal address or you can also contact our team we have solutions for these problems. Support@jamesbakercpa.vom
NM vs WY LLC
Hi folks. My first post. Why is not a NM LLC superior to a WY LLC since there is no annual filing/pmt requirement? Seems like that difference would give NM the edge, unless there are other factors that put WY ahead.
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New comment 15d ago
0 likes • Jan 2
Thanks for posting
0 likes • 15d
@Ogbonna Chukwudinma applies to all which are using NM address
Registered agent address vs. Anytimemailbox?
Hi everyone, Mercury Bank will no longer accept my registered agent address for my LLC although I have a commercial lease agreement. After watching James' latest YouTube video on hack's for non-residents to open a bank account, I wonder where the difference is between a virtual address from my registered agent and a virtual address from Anytimemailbox? I checked and both addresses are Not Commercial Mail Receiving Agency. My question is: is it worth doing the paper work and move my LLC to a new (virtual) address?
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New comment 15d ago
2 likes • 16d
Making a big post about this
0 likes • 15d
There are just a couple thousand on anytime mailbox which are all unique. Need to try some
Mercury asking for a "US Legal Address" WTF?!
I got the attached notice on my Mercury Dashboard asking me for a US legal address. I have no US presence and Mercury serves business owners with no US presence but who do have US operations. What do they mean with "US legal address"? How is this different from a "US physical address"? Is it the same? This is starting to get confusing...
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New comment 15d ago
0 likes • 15d
@Mila Vm phone bill works usually. Do you have friends or family? If not can try the truck from my video or anytime mailbox
0 likes • 15d
@Scott Letourneau yes
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James Baker
5
65points to level up
@james-baker-3925
International Tax Consultant

Active 5d ago
Joined Nov 8, 2022
ENTP
USA
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