YANML, YANMA; LLC or NL Sole Tradership?

March 7, 2017 4:13 AM

I'm a US and EU national currently living in the Netherlands and looking to do consulting work for a former colleague. Does it make sense to incorporate here, or can I skip the hassle and incorporate in the States, doing business as though between two US companies?

I'm a US and EU national currently living in the Netherlands. A former colleague has approached me and asked if I would do some consulting work for them here in the EU, and I am interested in the work. They have both a US LLC as well as a locally incorporated BV. We agree in principal on the scope/payment, etc, however I don't have an answer to the question "How do you want to get paid?"

Would it make sense for me to set up a US LLC (in the state where I still maintain a residence and coincidently is where their LLC is housed) and do the work as though I still lived in the US? Or would it be better to set up a one-man shop here, and do the invoicing/taxes/etc locally?

posted by Seeba to Work & Money (2 answers total)

I'm no expert, but it seems like since they have both sides already set up and can presumably move money already, then the easiest thing would be to get paid in Euros directly from the BV as a sole trader. A US LLC makes sense when you want to deal with companies that are only in the US, mostly so you can get a US bank account that they can ACH into.
posted by zrail at 4:22 AM on March 7, 2017 [1 favorite]

Do you need to incorporate? Seem overkill from what you've said. I would just register a eenmanszaak with the KvK.
posted by humboldt32 at 4:26 AM on March 7, 2017