Real scenario · Nigeria × Dropshipping
Dropshipping founder from Nigeria forming a Delaware LLC
A Lagos-based dropshipper running a Shopify store on AliExpress-sourced products needs a US LLC for Stripe/Shopify Payments access.
The challenge
Lagos-based dropshipper targeting US consumers. Naira volatility makes US-dollar revenue holding critical for margin preservation. Mercury approval is low for Nigerian applicants; dropshipping risk-profile compounds the challenge.
Banking path
Wise Business and Payoneer are the workhorses. Mercury rejection is expected. Relay sometimes approves. The 4-Bank Strategy specifically addresses this risk profile.
Tax compliance path
Nigeria does not have a ratified US tax treaty. Default 30% withholding rules apply to certain income types. Form 5472 filing required.
Formation path with Delewarellc
Standard 8-10 day timeline. Naira-related FX documentation required for any outward remittance into the LLC.
Outcome
Nigerian dropshipper operates US-LLC with Wise multi-currency banking. Shopify Payments active. USD revenue preserved against naira devaluation. Annual Form 5472 + Form 1120 filing via CPA familiar with Nigeria-US structures.
Related pages for this scenario
Your scenario, your formation
$297 + Delaware state fee, one-time. WhatsApp the founder in your preferred language.