Can I form a US LLC from Turkey without visiting the US?
Yes. The entire process is done remotely. You do not need to travel to the United States, have a visa, or hold a Social Security number. We handle the filing with the Secretary of State, obtain your EIN by calling the IRS, and guide you through the bank account application — all while you remain in Turkey.
Is this about forming an LLC in Turkey or a US LLC?
This is about forming a US LLC while you are based in Turkey. You will own a US company registered in a US state (typically Wyoming). This is not a Turkish company — it is a legitimate American business entity that gives you access to US payment infrastructure including Stripe, which is not available in Turkey.
Can I get Stripe with a US LLC even though Stripe is banned in Turkey?
Yes. Stripe is banned for Turkish entities, but your US LLC is a US entity. You register for Stripe using your US LLC details, US EIN, and US bank account. Where you personally live does not affect your LLC's eligibility for Stripe. This is the standard solution used by thousands of Turkish entrepreneurs.
Can I hold my earnings in USD instead of converting to Lira?
Yes. Your US LLC earns revenue in USD, which is deposited into your US bank account in USD. You are not required to convert to Turkish Lira. You can hold USD indefinitely and convert to Lira only when you choose, using Wise Business at real mid-market exchange rates. This protects your revenue from Lira depreciation.
What about iyzico — can I not just use that instead?
iyzico is a Turkish payment processor that handles domestic card payments in Turkey well. However, it has limited international reach, settles in Turkish Lira, and is not recognised by most international platforms the way Stripe is. If you sell internationally, need USD settlement, or want to integrate with global SaaS platforms, a US LLC with Stripe is the better solution. Many Turkish founders use iyzico for domestic sales and Stripe through a US LLC for international sales.
What is Form 5472 and why does it matter?
Form 5472 is an IRS information return required for every US LLC owned by a non-US person. You must file it annually with a pro-forma Form 1120, even if your LLC earned no income. It must be filed on paper — the IRS does not accept electronic filing for this form. The penalty for not filing is $25,000 per form, per year. Our annual compliance service ($999/year) handles this filing for you, along with your Wyoming annual report and registered agent renewal.
Do I need a US address for my LLC?
Your LLC will have a registered agent address in Wyoming (included in our service) for official state correspondence. However, for banking purposes — particularly Mercury — you may need a US virtual office address. Mercury is known to reject applications that use a registered agent (RA) address as the business address. We help you arrange a suitable virtual office address that banks accept.
Is BOI reporting still required?
No. Beneficial Ownership Information (BOI) reporting requirements were eliminated in March 2025. You do not need to file a BOI report with FinCEN. This simplifies compliance — your main annual obligation is Form 5472 plus your state annual report.
Can I buy a ready-made US LLC that already has an EIN?
Yes. If you need to start trading immediately, we offer ready-made Wyoming LLCs that already have their EIN issued. Ownership is transferred into your name within 24 hours, so you can connect Stripe and open US banking right away instead of waiting for formation and an EIN.
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