EMMAACHILE:

Open an LLC and you are given an address and ein. This is used to register on the payoneer card where you can dropship with the us address on us stores.

Okay, so, i can register my business payoneer account with the LLC US address and have the debit card sent to my Nigeria address? Then i can use the card on any US store i wanna order product.

EMMAACHILE:

Choose yes, some of them and 1-10

It's LLC I run with a group. It's on the thread on how to register using https://stripe.com/atlas

Please the bolded, how do u mean?

@EMMAACHILE

So we can't use Payoneer card from Nigeria in case of dropshipping?

EMMAACHILE:

Federal tax as delaware doesn't charge tax like Wyoming.

Thanks alot

EMMAACHILE:
Tax is about 20-30% of profit and trust me nobody pays this in full. This is a way around this by using chartered accountants as its difficult to calculate actual profit.

Thanks very much for ur reply.
The 20 - 30% tax, Is it Fed tax or Delaware state tax?

@EMMAACHILE, may God bless you for this info you are dishing out here. I came across this thread yesterday and i have read through all the pages. Please, we still need you to continue with your good work here sir.

Payment gateway has been 1 of our major problem in Nigeria. You made mention of Stripe atlas, which i believe you use as well. I have also heard of them before now. The $500 to register the LLC is not an issue (man pikin fit hustle that out). But going forward, what are the yearly cost(charges) i will be incurring running the LLC?
eg Tax - both Fed and state (Delaware) (i no want US wahala), Register agent fee, Delaware franchising, Delaware tax filling, etc.

I will appreciate your detailed reply of what it takes to run a US LLC (Delaware llc in particular). Thanks.

Nnamz:
Every second Wednesday. Not to put you off but if you had read previous comments here you would have known this. Submit your request to your bank by Monday to be on the safe side.

Thanks.

Please when is the next T-bills auction?

pizapato:


Yesterday and it's primary market

Oh okay.

pizapato:



Please what's the amount you invested

I got 10% for 2.3m for the same number of days

When was this please?

Omonigeriarere:


I got 12% for 91 days at GTB; my account has been debited accordingly.

I am in a GTBank now and I was told they haven't gotten mail for secondary market.

Omonigeriarere:


I got 12% for 91 days at GTB; my account has been debited accordingly.

Thanks.

Please what is the current GTBank secondary market rate?

slayhost:


You can get it cheaper with other agencies depending the options you choose

Can you suggest any, please?

slayhost:


Paypal and Stripe payment

Paystack also accepts Dollar currency. All you need to do is to request to enable it in your account or you can use Stripe together with payoneer.

To get stripe account you have to register your company in USA first with Stipe Atlas or any other agencies that can help you get your company register.

Getting Stripe account by registering an LLC in US from Nigeria is the issue, it cost like $500 with Atlas and also, how do you deal with the issue of US tax?

Thanks, @1stargeneral, and @slayhost

Payment gateway has always been the issue here in Nigeria. The reason is cos I don't wanna target Nigerians cos of the long delivery time. So what payment gateway can one use that people outside Africa can be comfortable with?

EMMAACHILE:

https://stripe.com/atlas#join
Nigeria is there Mr man.

Can we use company registered in Nigeria?


Edited: seen that it is US LLC from your post above.

EMMAACHILE:

Mine is linked sha

Was it recently?

Does payoneer linking with Stripe still work? I think I read somewhere that it doesn't anymore.

EMMAACHILE:

There are two options.
1. Open an account through stripe atlas. It will be registered at Delaware, USA but cost about $500. The advantages include a regular USA bank account with a US debit card.

2. Open a stripe account with a proven generator. Send me a PM for account creation.

Can you help with payment processor please?

coolbatty:
You are doing a great job, Cosmic James. Nothing beats being humble and straightforward. Just keep being that.

Unlike sum1 i met here who feels he knows it all and thinks he is a guru. I met this person here early march last year and we spoke and exchanged ideas at length for about 2 to 3months. I had my stripe account setup and willingly showed him exactly how i did it, with a blueprint of my information. All this i did with an open heart for free not feeling like a boss or a guru.

Guess what? He started feeling like a god who knows all things and everything forgetting that no man knows it all, where one's knowledge ends, is where sum1 else's begins.

The next time i spoke to him was in November and he asked for ID. Really?.... After re-introducing myself, he claims not to recall.

Moral:
*Nobody knows it all, guys.
*And the sky is big enough for all the birds to fly and soar in. (You can't make sum1 else's money with yours.)
*Learn and be a blessing unto others.
*Be HUMBLE.


Special thanks to Frankodey1, who gave the very first wealth of useful information on this thread not minding who might be gaining from it.

Such is life bro, I always appreciate those who give out information freely.... the major reason i have not start dropshipping biz is payment processor/gatway to use. The thing weak me bro.

BetaThings:


Would you be kind enough to provide more details for the benefit of people in Lagos who might be interested

Seconded!

Bro, great work you are doing here... Thanks for your willingness to help others.

datimogal:
go into mattress and pillow business very lucrative, that is what am doing

You mean becoming a *Distributor* with 1 of the mattress producing Coy right?
If so, which do you advice?

I am really interested. Thanks

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