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Knowledge Center Blog

Guides and News for
Entrepreneurs

Stay informed about tax laws, banking strategies, and updates for foreign business owners in the U.S.

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LLC vs C-Corp Guide Business Guide
  • FormulaBiz Team
  • Oct 22, 2023
LLC vs C-Corp: The Ultimate Guide for Non-Residents

Which one is better for paying fewer taxes? We analyze the key differences between both entity types.

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EIN without SSN Taxes
  • FormulaBiz Team
  • Nov 15, 2023
How to obtain an EIN without a Social Security Number (SSN)

The exact process to request your federal tax number if you are a foreigner living outside the U.S.

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US Banks Banking
  • FormulaBiz Team
  • Dec 02, 2023
Mercury vs Relay: Which bank to choose for your LLC?

Comparison of the best neobanks that accept foreign owners without the need to travel.

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LLC Taxes Taxation
  • FormulaBiz Team
  • Jan 10, 2024
The Truth About Taxes for Foreign-Owned LLCs

Debunking the "tax-free" myth. What you must declare (Form 5472) to avoid fines.

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