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Glossary · Export

What is LLC?

An LLC (Limited Liability Company) is the most common company type in the US. It separates the owners' personal assets from company debts and by default is not taxed at company level; profit passes through to the owners. Most brands selling from Turkey into the US set up this structure.

Detail

Delaware, Wyoming and New Mexico are frequently chosen for ease of formation. Setting up an LLC on its own is not enough; the EIN (tax number), a US bank account, payment infrastructure and the accounting chain have to be built together. Tax liability varies with the individual's and the company's situation; expert advice is essential.

Example

For selling on Amazon US, the LLC + EIN + US bank account trio is the practical standard.
FAQ

Common questions on this topic.

How is LLC calculated?

Delaware, Wyoming and New Mexico are frequently chosen for ease of formation. Setting up an LLC on its own is not enough; the EIN (tax number), a US bank account, payment infrastructure and the accounting chain have to be built together. Tax liability varies with the individual's and the company's situation; expert advice is essential.

Why does LLC matter?

Delaware, Wyoming and New Mexico are frequently chosen for ease of formation. Setting up an LLC on its own is not enough; the EIN (tax number), a US bank account, payment infrastructure and the accounting chain have to be built together. Tax liability varies with the individual's and the company's situation; expert adv…

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