Wyoming LLC Formation for Turkish Digital Agencies
Turkish digital agencies can establish a Wyoming LLC to facilitate international client billing and access the US banking ecosystem via Mercury. This structure provides a legal entity for global operations while remaining subject to Turkish corporate tax obligations under KVK Article 3.
Founders must ensure proper tax reporting for both US federal requirements and Turkish local filings to maintain compliance.
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, meaning income is generally not subject to US federal tax unless it is effectively connected with a US trade or business (ETBUS).
KVK Article 3 (kurumlar vergisi mükellefiyeti); Genç Girişimci İstisnası opt.
Turkish digital agencies should leverage the Wyoming LLC to invoice global clients in USD while maintaining compliance with KVK Article 3 for local tax reporting.
- 01Form 5472 and 1120 penalty of $25,000 for late or missing filings
- 02KVK Article 3 requires reporting of foreign-controlled entities to Turkish tax authorities
- 03Potential double taxation if foreign tax credit mechanisms are not properly applied
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.