New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I would really like to start selling my pottery under a name other than my own and also I think I need to create an LLC for the business. I would sell mostly online and at craft fairs. The problem is I am a US citizen (Virginia resident currently) that is moving to the Republic of Ireland shortly. What is the best was to go about this? Do I register the DBA in Virginia and Ireland? How do I handle the LLC part?
Dear MA Smith,
You might want to set up your LLC while you are still in the US, however since you are leaving Virginia (I presume very soon?) you might want to consider registering in a state like Wyoming. You can then set up the banking and credit card processing in the US for that company, and conduct your business from Ireland.
Since we are not familiar with Irish corporate laws it would be hard for us to give any meaningful advise as far as how to conduct such business legally in Ireland, I would recommend you to contact a local attorney or CPA to discuss this point.
As far as DBA goes, if you already plan to register LLC there is no need to register DBA (just use the name you want your business to use as the name of the LLC).
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