Forming a Wyoming LLC for Egyptian Freelancers
Egyptian freelancers can establish a Wyoming LLC to access the US market and global payment rails. This structure functions as a pass-through entity for US tax purposes while requiring compliance with Egyptian Law 91/2005 regarding foreign-sourced income.
Mercury provides the necessary banking infrastructure for non-resident founders once the LLC formation and EIN acquisition are complete.
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 pass-through entities for US federal tax purposes, subject to US ETBUS (Engaged in Trade or Business in the US) rules under IRC Section 864.
Egyptian Tax Authority Law 91/2005 on foreign income
Register your LLC in Wyoming for privacy and low fees, then open a Mercury account to manage USD revenue while complying with Egyptian Law 91/2005 reporting requirements.
- 01Form 5472 and 1120 penalty of $25,000 for failure to file
- 02Egyptian Tax Authority audit risk on undeclared foreign income
- 03Potential US federal withholding tax on 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.