Form a Wyoming LLC from Iceland — Sell to US Clients in USD

Iceland has one of the most digitally advanced economies in Europe, with a deep tech and gaming sector (CCP Games, dozens of indie studios) and a population that operates fluently in English. Most Icelandic founders, contractors and SaaS operators serve US customers — but invoicing those customers from an Icelandic einkahlutafélag (ehf.) creates friction: SWIFT wire fees, ISK/USD volatility, and W-8BEN-E paperwork that US enterprise procurement teams dislike.

A Wyoming LLC gives you a US legal identity: US EIN, US bank account (Mercury, Relay, Wise Business), full Stripe US, PayPal US and clean W-9 onboarding into US enterprise AP systems. Your Icelandic ehf. remains your domestic entity. We file your Wyoming LLC in 48 hours with registered agent and operating agreement included.

Wyoming is the right US state for Icelandic owners: USD 62 per year (versus USD 300+ Delaware franchise tax), no public member register, zero state income tax and the strongest LLC charging-order protection in the US. Iceland's small, transparent business registry is excellent domestically; Wyoming adds an anonymous, low-cost US layer for your international revenue.

Owning a foreign company as an Icelandic tax resident is legal. Iceland taxes residents on worldwide income, so LLC distributions and foreign income must be reported to Skatturinn (the Directorate of Internal Revenue). A Reykjavik cross-border tax adviser handles the analysis routinely — the operational wins (Stripe US, Mercury, W-9 onboarding) typically outweigh the compliance overhead within the first quarter.

Most Icelandic contractors and small-business operators today run either an einkahlutafélag (ehf., private limited company) or as a self-employed sole proprietor. Both work well inside Iceland and the EEA, but neither unlocks Stripe US, US bank accounts or clean W-9 onboarding the way a Wyoming LLC does.

The Wyoming LLC sits alongside — not instead of — your Icelandic ehf. Common pattern: keep the ehf. for domestic and EEA revenue where Icelandic tax treatment is optimal, and add the Wyoming LLC as the entity contracting with US clients and receiving US-platform revenue. Distributions flow to you personally or to the Icelandic parent, with foreign-tax credits applied where available.

For solo contractors with 80%+ US revenue, a Wyoming-only setup plus light sole-proprietor status for residual Icelandic income is often simpler and cheaper than maintaining a full ehf. Get in touch — we can introduce you to a Reykjavik cross-border tax advisor.

1. Name check. Same-day Wyoming Secretary of State availability check. Must end in "LLC" or "L.L.C."

2. Registered Agent + Wyoming address. You do not need a US address. We are your licensed Wyoming Registered Agent.

3. Articles of Organization. Filed within 24 business hours with an official Wyoming Filing ID.

4. Custom Operating Agreement. Required by Mercury and Relay. Drafted in English for single-member Icelandic owners.

5. EIN without SSN/kennitala. Applied for via IRS Form SS-4 international processing. Standard 4 weeks; express targets 10 business days.

6. US bank account. Warm introductions to Mercury, Relay or Wise Business. Fully remote from Reykjavik, Akureyri or anywhere in Iceland.

7. Annual compliance. Wyoming Annual Report (USD 62), Form 5472 + 1120 by April 15. Handled in our BASIC + IRS Filings annual plan.