Forming a Wyoming LLC for Indian Freelance Developers
Indian freelance developers can utilize a Wyoming LLC to access global payment gateways and international clients. This structure provides limited liability protection while maintaining pass-through tax treatment for US federal purposes.
The process involves state registration, obtaining an EIN, and setting up a US business bank account. Compliance with both IRS reporting requirements and Indian income tax regulations is mandatory for all members.
Model the full outlay, not just the setup fee
- Setupdoola setup$297.00
- AnnualYear 2 renewal$297.00
What the tax authority sees
Wyoming LLCs are pass-through entities for US federal tax purposes, where members are taxed only on US-source income (ETBUS status) and subject to Section 44ADA presumptive taxation in India for foreign-source income.
Section 44ADA presumptive taxation; foreign-source income rules
Use doola to form your Wyoming LLC for $399 total; ensure you file Form 5472/1120 to avoid $25,000 IRS penalties, even if you have zero US-source income.
- 01Form 5472/1120 penalty of $25,000 for late or missing filings
- 02Double taxation risk without proper utilization of the India-US DTAA
- 03Complexity in proving non-ETBUS status to the IRS
From filing to funded bank account
US LLC (Wyoming) vs Estonia OÜ (e-Residency)
FAQ
Start filing with doola
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.