Globalizing Your LATAM Business – Starting with the U.S.

A Singular Vision for Entrepreneurship

Diego and Jaime discussed how the podcast was started on the recognition of a void in the Peruvian market – a lack of engaging, narrative-driven content that delved into the lives and ventures of successful entrepreneurs. Inspired by global icons like Tim Ferriss, the founders embarked on a mission to fill this gap.

Diego has been an entrepreneur at heart since his college days. With a keen eye for opportunity and a zest for innovation, he launched a marketing agency right out of college in 2017. His agency thrived, catering to a diverse clientele that ranged from banking institutions to food franchises.

Taxes and Legal Matters

The discussion focused on how entrepreneurs from Latin America and beyond can navigate the complexities of expanding their ventures, especially into the U.S. market. This segment highlighted the importance of understanding legal structures, such as the choice between LLCs and C Corps, and the intricacies of banking, taxes, and compliance in a foreign market.

Arjun shared information about the legal and tax obligations of setting up a business in the U.S, addressing common concerns such as the fear of double taxation and the challenges of banking internationally. The speakers shared their experiences and lessons learned, emphasizing the value of choosing the right legal structure and understanding the tax implications for non-U.S. residents.