US LLC Formation from Sri Lanka: Stripe & USD Banking
Form your US LLC from Colombo, Kandy, Galle or Jaffna — no US visit, no SSN. We file with the state, act as your registered agent and get your IRS EIN.
Sri Lankan residents can own 100% of a US LLC. HynoGo charges $0 service fee (you pay the state fee, e.g. $100 in Wyoming), the EIN is $40 and the registered agent $45/yr. Stripe does not support Sri Lankan businesses, and receiving money through PayPal has long been restricted for Sri Lankan accounts. A US LLC lets you apply to Stripe as a US company.
Check this in Sri Lanka first
Since the 2022 crisis the Central Bank of Sri Lanka has tightened rules on outward investment and foreign accounts under the Foreign Exchange Act. Check with your bank or accountant how to register and report an overseas company you own.
Tax authority: Inland Revenue Department (IRD) · US income tax treaty with Sri Lanka: yes · Currency: Sri Lankan rupee (LKR)
Why Sri Lankan founders form a US LLC
- Card payments through Stripe US when PayPal and local gateways fall short
- USD invoicing for software and outsourcing clients
- Keep earnings in USD and convert on your own timing
Getting paid in LKR
- USD account in the LLC's name (Mercury, Relay or Wise Business)
- Transfer to your Sri Lankan bank (Commercial Bank, Sampath, HNB, BOC) — inward remittances arrive in LKR or a foreign currency account
- Payoneer for marketplace payouts
Provider corridors and fees change — confirm before you rely on one.
Who it suits
- IT outsourcing and software houses
- Freelance designers and developers
- Tourism businesses selling to foreign guests
How it works
- 01
Pick a state
Wyoming or New Mexico for low upkeep, Delaware for investors.
- 02
We file the LLC
Articles of Organization filed, usually in 1–3 business days.
- 03
EIN from the IRS
No SSN or ITIN needed for the EIN.
- 04
Banking & payments
Apply to Mercury, Wise, Relay and Stripe with your documents.
Every year: Form 5472 + pro forma 1120 to the IRS, plus the state report and registered agent renewal. HynoGo can handle these too.
US LLC from Sri Lanka: FAQs
Can a Sri Lankan citizen form a US LLC?
Yes. No US visit, SSN or US address of your own is required. HynoGo provides the registered agent and handles the EIN.
Can I receive PayPal payments in Sri Lanka through the LLC?
A US LLC can open a US PayPal Business account, which can receive payments. Withdrawals go to the LLC's US bank account, and from there you transfer to Sri Lanka.
Is there a US–Sri Lanka tax treaty?
Yes, a treaty has been in force since 2004. Your US LLC still files Form 5472 yearly, and Sri Lanka's IRD taxes you as a resident on the income you earn.
How long does it take?
The LLC is usually filed in 1–3 business days and the EIN follows in about 2 business days with our fax/priority process. Bank applications come after that.
Start your US LLC from Sri Lanka
$0 service fee, EIN in about 2 business days, registered agent $45/yr — all remote.
Start US LLC formation