Sep 3, 2023 12:41:02 AM Edited Sep 3, 2023 12:41:57 AM by Nurettin Onat U
Hello,
I understand that it's permissible to work on Upwork as a freelancer through an LLC. However, I'm curious about the implications of owning only 50% of that LLC. Is it still acceptable to operate on Upwork under such an arrangement? I've noticed that many U.S. expatriates form LLCs where they own only a 50% share to sidestep U.S. GILTI (Global Intangible Low-Taxed Income) tax obligations.
Additionally, is there a minimum ownership percentage required to work under an LLC on Upwork?
Thank you for your guidance.
Solved! Go to Solution.
Sep 3, 2023 09:43:19 AM by Annie Jane B
Hi Nurettin,
We’ve escalated your community post to a support ticket. One of our agents will be in touch with you soon to assist.
Sep 3, 2023 09:43:19 AM by Annie Jane B
Hi Nurettin,
We’ve escalated your community post to a support ticket. One of our agents will be in touch with you soon to assist.