Forming a New Mexico LLC for Turkish Digital Agencies
Turkish digital agencies can incorporate a New Mexico LLC to access US payment gateways and global markets. New Mexico requires no annual reports, reducing administrative overhead for remote founders.
You must maintain compliance with both US IRS reporting requirements and Turkish Corporate Tax Law (KVK) to manage your cross-border tax liability effectively.
Model the full outlay, not just the setup fee
- SetupMercury (banking-only) setup$0.00
- AnnualYear 2 renewal$0.00
What the tax authority sees
New Mexico LLCs are treated as pass-through entities for federal tax purposes, subject to US ETBUS (Engaged in Trade or Business in the US) rules under IRC Section 864.
KVK Article 3 (kurumlar vergisi mükellefiyeti); Genç Girişimci İstisnası opt.
Use New Mexico for low maintenance, but ensure you file Form 5472/5476 annually to avoid the $25,000 IRS penalty for foreign-owned single-member LLCs.
- 01Form 5472/5476 penalty $25,000 if not filed
- 02Turkish KVK Article 3 permanent establishment risk
- 03Potential double taxation if Genç Girişimci İstisnası is not applied correctly
From filing to funded bank account
US LLC (New Mexico) vs Estonia OÜ (e-Residency)
FAQ
Start filing with Mercury (banking-only)
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.