New Mexico LLC Formation for Turkish E-commerce Sellers
Turkish e-commerce sellers can incorporate a New Mexico LLC to access US payment gateways and marketplaces. This structure provides a legal entity for your business operations while avoiding the annual reporting requirements found in other US states.
As a foreign-owned entity, you must comply with US IRS reporting requirements and Turkish tax regulations regarding foreign-controlled corporations. Proper documentation is required to manage tax obligations in both jurisdictions.
Model the full outlay, not just the setup fee
- Setupdoola setup$297.00
- AnnualYear 2 renewal$297.00
What the tax authority sees
New Mexico LLCs are treated as pass-through entities for US federal tax purposes, meaning income is generally not subject to US federal tax unless the company is engaged in a trade or business in the US (ETBUS).
KVK Article 3; Etsy/Amazon marketplace withholding rules apply
Use a New Mexico LLC to minimize administrative overhead as it requires no annual reports, but ensure you maintain proper records for Turkish KVK Article 3 compliance.
- 01Form 5472 and 1120 filing requirements for foreign-owned single-member LLCs
- 02Potential $25,000 penalty for failure to file Form 5472
- 03Turkish KVK Article 3 tax residency challenges if management is based in Turkey
- 04Etsy/Amazon marketplace withholding tax compliance
From filing to funded bank account
US LLC (New Mexico) vs Estonia OÜ (e-Residency)
FAQ
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.