Hello, I'm thinking of moving outside of the US to live with my family. My LLC is currently set up in the US and I have the following questions: 1. Can I set up my company in Hong Kong and live and work in Dubai? If yes, then how would it work for my taxes? I have an exclusion of $100K for my personal income then pay taxes on the rest of it? Do I also have to pay FICO taxes as well or is it exempt? 2. What if the LLC is set up in the US and I work and live in Dubai? Do I have to pay FICO taxes?
US Citizen living and setting up company outside of the US?
Answers
You need to discuss this with your legal and
Filed Under:
FP&A