PTY vs LLC

We are setting up an internet marketing business in the US which means buying product in the US and selling it in other countries. We are not sure if we should use our Pty Ltd company in Australia as the entity or if we should set up an LLC in the US. I have an appointment to see a lawyer next week however I am wanting to gain some insight into the matter prior to meeting with him. Does anyone have any experience with this?

Reagrds

Claire

If you are internet based I would not use either.

regards,

B

THanks B, what would you suggest? Can you give me any reasons please?

Thanks

Claire

A Vanuatu company - keep the profits offshore in a low tax country

Terryw
Discover Home Loans
Terry@discoverhomeloans.com.au

Learn to Make Money Online & Get Free Guide!

I would use LLC,
as Pty from my knowledge is only Australian.
 
Australia is a small market, if you look on the global scale, and more people would be familiar wih LLCt than Pty.

My confidence is growing with online buying, so if you concentrate on "emphasizing " security etc yu might be on a winner.
I dont like using sites if the look the lest bit dodgy.

good luck with it!

J

So many plans, my head goes crazy!!!!

Get inspired!! unleash the passion within!!

Meeting with a lawyer is the way to go!  Missed your time line on this post, however you'll want to bring up some issue next time you meet.

LLC v Corp set up and tax advantages
Off shore transactions/opportunities
Insomuch that you want want to take advantage of USA good for export as a USA corporation - there are many programs available.  Grants, low interest loans, SBA opportunties

Darver