Delaware LLC Formation for Egyptian Freelancers
Egyptian freelancers can establish a Delaware LLC to provide services to international clients while maintaining a US-based banking presence via Mercury. This structure separates personal assets from business liabilities under US law.
The process involves registering the entity in Delaware, obtaining an EIN from the IRS, and completing the Mercury banking application. Compliance with both US information reporting and Egyptian tax obligations 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
US LLCs are pass-through entities for federal tax purposes, meaning non-US residents are generally not subject to US federal income tax unless they are Engaged in a Trade or Business in the US (ETBUS) under IRC Section 864.
Egyptian Tax Authority Law 91/2005 on foreign income
Use a Delaware LLC for liability protection and access to Mercury banking; ensure you comply with Egyptian Law 91/2005 by declaring foreign-sourced income to the Egyptian Tax Authority.
- 01Form 5472 and 1120 filing requirements for foreign-owned single-member LLCs
- 02Potential $25,000 penalty for failure to file US information returns
- 03Requirement to report foreign income to Egyptian Tax Authority per Law 91/2005
From filing to funded bank account
US LLC (Delaware) 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.