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US LLC (Delaware) · via Firstbase.io·🇪🇸Founder profile

Delaware LLC via Firstbase — Spanish Nomad Consultants

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

Delaware LLCs make sense for Spanish consultants when a US enterprise client or accelerator demands Delaware paperwork. For a bootstrapped consulting practice, Wyoming produces the same US tax outcome for $290/year less.

US tax: LLC pays $0 federal tax when non-ETBUS with no effectively connected income. Form 5472 + pro-forma 1120 mandatory yearly under IRC §6038A; $25,000 penalty at zero revenue. Delaware franchise tax is a flat $300 due June 1 plus $50 annual report.

Spain side: Beckham Law expats keep the 24% flat rate on Spanish-source income; Model 720 discloses foreign entities above EUR 50,000; CFC rules of Ley 27/2014 art. 100 apply to passive holdings.

§ 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 · Spanish Nomad Consultants

What the tax authority sees

US federal / local status

A Delaware LLC held by a Spanish resident owes no US federal tax when non-ETBUS with no effectively connected income; Form 5472 (IRC §6038A) mandatory yearly plus Delaware franchise tax $300.

Home-country rule

Beckham Law regime; autónomo alternative comparison

Editorial verdict

Delaware wins only for future US VC track; Spanish Beckham Law shelter and Model 720 obligations are state-agnostic.

Key compliance risks
  • 01Form 5472 penalty $25,000 per year (IRC §6038A)
  • 02Model 720 disclosure required above EUR 50,000; minimum EUR 1,500 per omission
  • 03Spanish CFC rules (Ley 27/2014 art. 100) may attribute passive LLC income
  • 04Delaware annual $350 vs Wyoming $60 — no offsetting Spanish tax benefit
§ 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 (Delaware) vs Estonia OÜ (e-Residency)

US LLC (Delaware)
LLC
Estonia OÜ (e-Residency)
Entity
LLC
Setup cost
$140.00
$205.20
Annual
$300.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
Franchise tax $300/yr; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

None. Spanish tax rules apply to the LLC as a foreign entity regardless of US state. Model 720, CFC attribution, and Beckham Law behavior are identical between Delaware and Wyoming ownership. Delaware costs $290/year more with no offsetting benefit unless you plan US venture funding.

Next step

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