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US LLC (Wyoming) · via Firstbase.io·🇦🇷Founder profile

Wyoming LLC via Firstbase — Argentine SaaS Founders

VerifiedJul 2026
EligibilityEligible
Setup timeline14–24days
Year-1 total$399.00

Argentine SaaS founders form Wyoming LLCs almost exclusively to hedge peso volatility: Mercury USD balances stay outside BCRA capital controls that cap personal USD purchases at USD 200/month at the official rate. The LLC receives Stripe payouts directly in USD.

US tax: LLC pays $0 federal tax when non-ETBUS with no effectively connected income. Form 5472 with pro-forma 1120 mandatory annually under IRC §6038A; $25,000 penalty at zero revenue. Argentine side: Bienes Personales taxes foreign LLC equity at 0.5-2.25% tiered brackets, and Impuesto a las Ganancias taxes worldwide personal income including LLC distributions at progressive rates up to 35%.

Firstbase completes formation, EIN, and Mercury in 14-24 days for $399.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$499.00
≈ $20.79/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupFirstbase.io setup
    $399.00
  • PromoPromo · SMARTPROMO50
    −$50.00
  • AnnualYear 2 renewal
    $150.00
Total$499.00
§ 02Tax residency · Argentine SaaS Founders

What the tax authority sees

US federal / local status

A Wyoming LLC owned by an Argentine resident pays no US federal tax when non-ETBUS with no effectively connected income; Form 5472 filing (IRC §6038A) is mandatory annually regardless of revenue.

Home-country rule

BCRA capital controls; USD hedging via US LLC common practice

Editorial verdict

Wyoming LLC lets Argentine SaaS founders bypass BCRA capital controls by keeping USD in Mercury; but F.720 and Bienes Personales apply to the LLC equity.

Key compliance risks
  • 01Form 5472 penalty $25,000 per year (IRC §6038A)
  • 02Bienes Personales tax on foreign LLC equity: 0.5-2.25% on tiered brackets
  • 03BCRA capital controls block official-rate USD repatriation over USD 200/month personal cap
  • 04Impuesto a las Ganancias treats worldwide personal income; distributions taxed at up to 35%
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–24days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d6
d12
d18
d24
01FilingFirstbase.io submits formation docs
d0–d8
02Tax ID / EINIRS EIN issuance
d7–d18
03BankingBusiness account approved & funded
d14–d24
§ 04Head-to-head

US LLC (Wyoming) vs Estonia OÜ (e-Residency)

Full comparison →
US LLC (Wyoming)
LLC
Estonia OÜ (e-Residency)
OÜ
Entity
LLC
OÜ
Setup cost
$102.00
$205.20
Annual
$60.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
0% state tax; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

Personal USD purchases at the official rate cap at USD 200/month per resident. To fund LLC formation ($399) you typically use MEP (dólar bolsa) or friends abroad, or convert crypto. Once the LLC is formed, Mercury receives payments directly from Stripe and clients — no BCRA touchpoint on inbound USD.

More profiles for US LLC (Wyoming)
Argentine SaaS Founders — other jurisdictions
Next step

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