Filing 83(b) Election forms as a founder who’s recently incorporated their company is very important. When you’re not a US citizen, it can get a bit tricky. This page can help you with that.
When trying to file an 83b, it can seem a little hard if you’re not living in the US, for a number of reasons, including:
There’s two important elements I wanted to ensure with my 83b filing:
This area is the part where you should consult with lawyers. I personally spoke to a wide range of accountants and lawyers from both the US and the UK (where I am from), and still got number of answers. In the end, I spoke to as many startup founders as I could in a similar situation, and the vast majority filled in “N/A (intl.)” in any box that requested an ITIN. I have done the same.
Department of the Treasury, Internal Revenue Service, Austin, TX 73301-0215 USA
This is a little tricky: posting something to a US address is simple, but including an envelope inside with the correct amount of stamps is hard. Every post office I spoke to told me that they didn’t have actual US stamps, or that they were unsure of the amount they’d have to place on the envelope inside to ensure it returned home.
However, there is one type of stamp that solves this problem: the Global Forever stamp. It looks like this:
This single stamp can just about get the letter anywhere. The only hard part is sourcing it.
To source these stamps you have three options:
Either way with any of these options, based on my experience I highly recommend that you plan this in advanced. I was scrambling too close to the deadline for my liking.
The duplicate copy of the notice you provided will be returned to you with stamps from the IRS such as the following:
When you get this letter back, photocopy it for record keeping. Mine was a little tattered from transit, so a digital copy is a lot safer!