Your Smartest Business Partner.
The First AI Co-Founder for Global E-Commerce Founders:
The Fastest Path from U.S. Formation to First Sale
Backed By The Best
What is AI Co-Founder?
AI Co-Founder is your built-in assistant, integrated into your doola Dashboard. It delivers accurate, context-aware support by understanding your unique business and its specific needs.
Ask
Get Guidance
Grow
Built on Expert Knowledge.
Trained on Your Business.
The AI Co-Founder combines doola’s trusted resources with context from your business.
- E-Commerce
- Company
- Bookeeping
- Taxes
How do I choose between dropshipping and holding inventory?
Do I need to collect sales tax in every U.S. state?
What do I need to set up my Bank Account and Shopify Payments?
How do I handle returns and refunds legally in the U.S.?
To set up your U.S. business bank account and Shopify Payments, the core requirements are your Articles of Organization, your EIN Confirmation Letter, and a U.S. physical business principal address.
Now, here’s some real talk on what truly matters: getting approved quickly is all about data consistency. Banks and payment processors use automated systems to verify you, and the most common reason for rejections is a simple mismatch in how your company name or address is listed across your documents. It’s a common stumbling block that can cause weeks of frustrating delays and even rejections.
We’ve built a solution for this. Because we have your verified formation data, we automatically pre-fill your Mercury application. This ensures everything is perfectly consistent, so you can focus on making money, not on paperwork.
Do I need a registered agent for my company?
Should I convert my LLC to a C-Corp before raising funds?
What is the annual report fee for a Delaware LLC and a Wyoming LLC?
How can I hire employees as a
foreign owner?
Let’s break down what you’re paying for with these annual fees, because it’s more than just a line item.
Delaware LLC
If you have a Delaware LLC, you’ll just need to pay a flat $300 franchise tax once a year, due by June 1. The nice part? There’s no annual report to file for LLCs here. But if you miss the deadline, they hit you with a $200 late penalty plus 1.5% interest per month, so it’s worth marking your calendar.
Wyoming LLC
For Wyoming, there’s an annual report that’s due every year on the anniversary month of when you formed your LLC. The cost is the greater of $60 or $0.0002 for every dollar of assets you have in Wyoming—so most small LLCs just pay the $60 minimum. If you skip it, your LLC could lose good standing and even get dissolved by the state, so you don’t want to let that slide either.
How often should I reconcile my bank account?
What receipts and records should I keep for taxes?
Should I do cash or accrual accounting for my E-Commerce business?
How can bookkeeping help me reduce my taxes?
Start with cash basis if your business is new, small, and cash-driven. Move to accrual once inventory, credit sales, or financing needs become material — often around $250K–$500K annual revenue in e-commerce.
Cash accounting just shows money moving in and out, which can give you a distorted picture. You might see a big cash deposit after a sale, but it doesn’t show you the ad spend, inventory costs, and shipping fees associated with that revenue.
Accrual accounting, on the other hand, matches your income with the exact expenses that generated it. This gives you a true, honest look at your profitability and helps you make much smarter decisions about your business. It’s the professional standard for a reason.
Our bookkeeping service is equipped to handle both methods, so we can help you get set up on an accrual basis and provide you with the financial clarity needed to scale effectively.
We recommend consulting with a doola CPA to determine the best method for your business.
Can I deduct my trip to Arizona from my business taxes?
What’s the difference between an S-Corp and LLC for taxes?
What are my annual U.S. tax filing requirements as a foreign LLC owner?
When are my business tax filings due?
I’m glad you’re asking this, because it’s one of the most important compliance issues for international founders. As a foreign owner of a U.S. LLC, you generally have two main IRS filing requirements each year: Form 5472 and a pro-forma Form 1120.
Now, here’s the real talk you need to hear: there is a $25,000 penalty for failing to file these forms or for filing them incorrectly. This isn’t a tax on your income; it’s a serious penalty for failing to provide the required information to the IRS.
It’s a crucial detail that many founders miss, and it applies even if your business had zero income. Understanding this from day one is key to protecting your business from unnecessary and very expensive problems down the road.
Don’t worry though, if you need any help filing this, doola can prepare and file it for you to give you total peace of mind.
Please note: This is a general overview. It’s essential to consult with a CPA to ensure you meet all specific compliance obligations.
Included With Your Subscription.
Built To Move You Faster.
Instantly available from your Dashboard.
Starter
For first-time founders who need the basics to launch with confidence.
25
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Total Compliance
Stay 100% compliant with tax, legal, and regulatory rules.
150
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Business-in-a-Box™
For founders who want full legal + compliance, plus a dedicated bookkeeper.
250
Credits*
*Each credit gives you 30 exchanges. An exchange includes one message sent and one message received.
Your credits renew at the start of each billing cycle — either monthly or annually, depending on your subscription.
FAQs
What is doola?
Do I need to be a US citizen to work with doola?
Why should I get an LLC and a business bank account?
What information do you need from me to get started?
- Your Company Name
- Your Personal Address
- Phone Number and Email (For contact purposes)
What is doola Bookkeeping?
Can doola help me with my business taxes?
Who is doola Analytics for?
doola Analytics is designed for e-commerce business owners to help track sales, manage orders, and monitor financial metrics in a simple, intuitive dashboard. For the initial product launch, doola will offer integrations with Shopify and Amazon, but will continue to expand to add more integrations.
Can doola help me with sales tax and reseller certificates?
Still have a question?
Schedule a free consultation with an expert from doola, today.
Build Smarter with Your AI Co-Founder.
Your smartest business assistant is just a click away.
