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US LLC (Wyoming) · via Firstbase.io·🇺🇦Founder profile

Incorporating a Wyoming LLC for Ukrainian IT Contractors

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$399.00

Ukrainian IT contractors can utilize a Wyoming LLC to facilitate international B2B payments and establish a professional presence in the US market. This structure provides limited liability protection and administrative flexibility for remote service providers.

Firstbase.io manages the formation process, including the filing of Articles of Organization and obtaining an EIN. Founders must ensure compliance with both US federal reporting requirements and Ukrainian tax residency obligations.

§ 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 · Ukrainian IT Contractors

What the tax authority sees

US federal / local status

Wyoming LLCs are treated as pass-through entities for US federal tax purposes, meaning non-US owners are generally not subject to US federal income tax unless they are engaged in a trade or business in the US (ETBUS).

Home-country rule

Diia City tax regime; war-time residency displacement rules

Editorial verdict

Leverage the Wyoming LLC structure to invoice international clients in USD while maintaining your Diia City tax status, provided you manage US-source income reporting correctly.

Key compliance risks
  • 01Form 5472 and 1120 penalty of $25,000 for late filing
  • 02Potential double taxation if US-source income is not properly offset
  • 03Complexity of maintaining Diia City compliance while operating a foreign entity
§ 03Setup timeline

From filing to funded bank account

Setup timeline
21–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01FilingFirstbase.io submits formation docs
d0–d16
02Tax ID / EINIRS EIN issuance
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

US LLC (Wyoming) vs Estonia OÜ (e-Residency)

US LLC (Wyoming)
LLC
Estonia OÜ (e-Residency)
Entity
LLC
Setup cost
$102.00
$205.20
Annual
$60.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
0% state tax; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

Generally, no. A Wyoming LLC is a foreign entity. However, you must report your income according to Ukrainian tax law. Consult a tax advisor to ensure your LLC income is correctly declared under the Diia City regime.
Next step

Start filing with Firstbase.io · save $50.00

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