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US Citizen living and setting up company outside of the US?

Alexey Poverinov's Profile

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?

Answers

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

You need to discuss this with your legal and tax professional. This forum does not and can not serve or substitute for these individuals.

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