New Mexico LLC Formation for Ukrainian IT Contractors
New Mexico offers a streamlined incorporation process for non-resident founders with no state-level annual reporting requirements. This structure allows Ukrainian IT contractors to operate a US entity while managing their tax obligations under the Diia City regime.
The process involves state filing, obtaining an EIN from the IRS, and establishing a business banking relationship. Proper adherence to US information reporting is required to maintain compliance.
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).
Diia City tax regime; war-time residency displacement rules
Leverage the New Mexico LLC for its lack of annual reporting requirements, but ensure you maintain proper documentation for Ukrainian Diia City tax compliance.
- 01Form 5472 and 1120 filing requirements for foreign-owned US LLCs
- 02Potential double taxation if Ukrainian tax residency is not managed under the DTA
- 03Diia City compliance requirements for IT contractors
From filing to funded bank account
US LLC (New Mexico) vs Estonia OÜ (e-Residency)
FAQ
Start filing with doola
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