Forming a Wyoming LLC for Ukrainian IT Contractors
Ukrainian IT contractors can establish a Wyoming LLC to facilitate international B2B contracting and receive payments in USD. This structure provides limited liability protection and a clear framework for managing US-based client relationships.
The process involves state formation, obtaining an EIN from the IRS, and opening a business bank account via Mercury. Compliance with both US federal reporting requirements and Ukrainian tax obligations under the Diia City regime is mandatory.
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
Wyoming LLCs are treated as pass-through entities for federal tax purposes, meaning non-US residents are only subject to US federal tax on income effectively connected with a US trade or business (ETBUS).
Diia City tax regime; war-time residency displacement rules
Leverage the Diia City tax regime by reporting LLC income as foreign source income while maintaining proper documentation of your non-US management and control to avoid US tax nexus.
- 01Form 5472 and 1120 penalty of $25,000 for failure to file
- 02Potential US tax nexus if management is performed from within the US
- 03Difficulty in proving non-US tax residency under war-time displacement
From filing to funded bank account
US LLC (Wyoming) 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.