Forming a Wyoming LLC for Turkish E-commerce Sellers
Turkish e-commerce sellers can establish a Wyoming LLC to access US payment gateways and global marketplaces. This structure provides a separate legal entity for your business operations while maintaining a 0% state tax environment.
The process involves state formation, obtaining an EIN from the IRS, and opening a Mercury business banking account. Compliance with both US reporting requirements and Turkish tax regulations is mandatory for all foreign-owned entities.
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; Etsy/Amazon marketplace withholding rules apply
Use Mercury for USD settlement to avoid high TR-USD conversion fees, but ensure you maintain separate books to comply with Turkish KVK Article 3 documentation requirements.
- 01Form 5472 and 1120 penalty of $25,000 for failure to file
- 02Turkish tax authority (GIB) scrutiny on foreign-controlled entities
- 03Potential double taxation if tax residency is not clearly established
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.