Hi and welcome to Just Answer!You are correct - banks would not open the account for you personally or for the LLC without having a tax ID.The fact of having the tax ID would not trigger any additional tax liability of any additional filing requirements.
A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations. Most states also permit “single-member” LLCs, those having only one owner.Depending on elections made by the LLC and the number of members, the IRS will treat an LLC as either a corporation, partnership, or as part of the LLC’s owner’s tax return (a “disregarded entity”). Specifically, a domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832 and affirmatively elects to be treated as a corporation. And an LLC with only one member is treated as an entity disregarded as separate from its owner for income tax purposes (but as a separate entity for purposes of employment tax and certain excise taxes), unless it files Form 8832 and affirmatively elects to be treated as a corporation.As a nonresident alien - you are taxed only on income from US sources.If you start the LLC - the situation will not be different because a single member LLC is disregarded entity - means - it is ignored for income tax purposes - and all income and expenses are reported on owner's individual tax return as if there were not the LLC. If you are a nonresident alien - you are taxed ONLY on income from US sources. Thus - if you do not have any income from US sources - there is no tax liability - and you are not required to file US federal tax return. Your tax liability in your home country or your country of residence - is a separate issue - and is based on local laws.There are some complex rules to determine the source of income. You may take a look - page 12 of IRS publication 519 - http://www.irs.gov/pub/irs-pdf/p519.pdf - Table 2-1. Summary of Source Rules for Income of Nonresident Aliens.
A single member LLC is disregarded entity - means - ignored - as it doesn't exist - and all business activities and transactions are treated as performed by the member as if there were no LLC.So - in this case to determine if such income is taxable or not in the US - we need to start with who is the member and what type of income has been received.As in your situation - the member would be a nonresident alien - and income is from sources outside the US - such income is not taxable in the US.
So I should apply for the EIN and I do not have to submit any other forms to the IRS on annual basis?
As long as your LLC will not have any income from US sources - that is correct - no need fro any tax filing.
Filing requirements for income tax purposes are based on income - as long as there is NO income from US sources - nothing need to be filed with the IRS. You still need to maintain your Wyoming LLC current with Wyoming state authorities.