Prerequisites
To get paid in your LLC's name, you generally need an EIN and a business bank account in the company's name. Online payment providers verify the identity of the company and its beneficial owners.
Invoicing correctly
Your invoices should show the LLC's legal name exactly as it appears in the Articles of Organization, its address and your payment details.
Keep the money separate
Do not mix personal and company expenses: this is essential to protect limited liability and to prepare your returns, including Form 5472.
Converting to your currency
Compare the conversion fees of the providers you use: the differences can be significant. And remember that your LLC's income may be taxable in your country of residence.
This article is for information only and is not legal or tax advice. The rules mentioned may have changed since the update date.
