GetSmartPromo
Compare jurisdictions
US LLC (Wyoming) · via Firstbase.io·🇹🇷Founder profile

Form a US LLC in Wyoming via Firstbase — Turkish Digital Agencies

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

Turkish digital agencies increasingly choose a Wyoming LLC to invoice international clients in USD, hold Stripe and Mercury accounts, and stay outside the FX volatility of Türkiye. Firstbase files the LLC in 7-14 days and includes the Wyoming Registered Agent for year one.

Your Wyoming LLC pays $0 US federal tax as long as you do not create US-source effectively connected income. But you owe Turkey the KVK Article 3 corporate tax on worldwide income once your effective management is deemed Turkish — a non-trivial gray area for a Türkiye-based agency owner.

The Form 5472 obligation is the sharpest edge: $25,000 annual penalty per missed form, even with $0 revenue. Firstbase's tax add-on ($549/yr) handles this, or a US CPA runs $300-500 for the same filing.

§ 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 · Turkish Digital Agencies

What the tax authority sees

US federal / local status

US LLC income is not subject to US federal tax if the Turkish owner is not ETBUS (engaged in a US trade or business) and has no US-source effectively-connected income; Form 5472 + pro-forma 1120 must still be filed annually (IRC §6038A).

Home-country rule

KVK Article 3 (kurumlar vergisi mükellefiyeti); Genç Girişimci İstisnası opt.

Editorial verdict

Choose Wyoming for the lowest annual friction: $60 report fee, no franchise tax. Bank via Mercury (Firstbase's default partner).

Key compliance risks
  • 01Form 5472 non-filing penalty: $25,000 per year per form (IRC §6038A(d))
  • 02Turkish KVK Article 3 permanent establishment risk if management is from Türkiye
  • 03Mercury account revocation if declared business activity drifts from formation docs
  • 04Wyoming Registered Agent lapse triggers administrative dissolution after 60 days
§ 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)

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

Yes. Firstbase files the LLC entirely online. You provide a passport scan, home address, and payment. No US SSN or ITIN is required — the LLC applies for its own EIN. The full process takes 14-24 days: 3-7 days for state filing, then 7-14 days for the IRS EIN.

Next step

Start filing with Firstbase.io · save $50.00

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.

Promo code
Claim on Firstbase.io