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US LLC (New Mexico) · via doola·🇹🇷Founder profile

New Mexico LLC Formation for Turkish Digital Agencies

VerifiedJul 2026
EligibilityEligible
Setup timeline14–45days
Year-1 total$297.00

Turkish digital agencies can establish a New Mexico LLC to access global payment gateways and international markets. This structure functions as a pass-through entity for US federal tax purposes.

Founders must remain compliant with both US federal reporting requirements and Turkish Corporate Tax Law (KVK) Article 3. Proper tax planning is required to manage the interaction between US-source income and Turkish tax residency.

§ 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
$594.00
$24.75/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • Setupdoola setup
    $297.00
  • AnnualYear 2 renewal
    $297.00
Total$594.00
§ 02Tax residency · Turkish Digital Agencies

What the tax authority sees

US federal / local status

New Mexico LLCs are pass-through entities for US federal tax purposes, subject to US-source income taxation under IRC Section 871 or 881 if no effectively connected income exists.

Home-country rule

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

Editorial verdict

Use New Mexico for its lack of annual reporting requirements, but ensure you track your Turkish KVK Article 3 obligations to avoid double taxation.

Key compliance risks
  • 01Form 5472 and 1120 penalty of $25,000 for late filing
  • 02Turkish KVK Article 3 permanent establishment risk
  • 03Potential double taxation without proper treaty application
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01Filingdoola submits formation docs
d0–d16
02Tax ID / EINIRS EIN issuance
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

US LLC (New Mexico) vs Estonia OÜ (e-Residency)

US LLC (New Mexico)
LLC
Estonia OÜ (e-Residency)
Entity
LLC
Setup cost
$50.00
$205.20
Annual
$0.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
No annual report; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

If your LLC has no physical presence, employees, or office in the US, it is generally not subject to US federal income tax on foreign-sourced income. However, you must file Form 5472 and 1120 annually to report your status to the IRS.
Next step

Start filing with doola

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