New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I am a Mexican citizen with legal residency in the US. I registered my jewelry design company as a sole proprietorship in NY, and I have recently moved to the UK for my husband’s employment. I would like to know more information about running my business from abroad…like taxation and anything else I may need to know. Thank you for your help.
Dear Ines,
I presume you are mostly concerned about the taxation part of your question. Since the focus of this website is primarily incorporation questions unfortunately I would not be able to answer that and I would recommend you to consult an accountant. In short, if you continue to file your personal taxes in the US the same should apply to your business (especially since its a sole proprietorship).
Other than that I don’t see anything that you would need to do to continue doing your US business from abroad, unless you are required to register locally in the UK (but that is really outside the scope of this website).
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
