Forming a Wyoming LLC for Argentine SaaS Founders
Argentine SaaS founders can establish a Wyoming LLC to access US banking infrastructure and manage revenue in USD. This structure provides a legal framework for international operations while remaining distinct from local Argentine corporate entities.
The process involves state-level formation, obtaining an EIN from the IRS, and opening a Mercury account. Founders must maintain compliance with both US federal reporting requirements and Argentine tax regulations regarding foreign assets.
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
Wyoming LLCs are treated as pass-through entities for US federal tax purposes, where non-US owners are subject to US tax only on income effectively connected with a US trade or business (ETBUS).
BCRA capital controls; USD hedging via US LLC common practice
Use the Wyoming LLC to hold USD revenue outside the Argentine banking system to hedge against local currency volatility, ensuring you maintain clean accounting for AFIP reporting.
- 01Form 5472 and 1120 filing requirements for foreign-owned US entities
- 02Potential penalties for failure to report foreign financial assets
- 03Complexity of managing AFIP tax compliance for US-sourced income
From filing to funded bank account
US LLC (Wyoming) 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.