For Companies: My Company is NOT an LLC, Partnership or Corporation Organized under US Law
If your company is not an LLC, a partnership or a corporation organized under US law, you will need to determine the form of W-8 applicable to you. To determine which W-8 form corresponds to your tax profile please contact your tax advisor to assist in submitting to Dreamstime the appropriate form.
You will also need to contact your tax advisor to assist you in determining whether or not your company or its beneficial owner(s), as applicable, is a qualified resident of a country with an income tax treaty with the United States. In order to benefit from any reduced rate of US withholding tax:
If your company is treated as a "corporation" for US income tax purposes, you will need to apply for an TIN (Taxpayer Identification Number) on behalf of the company by completing Form SS-4. The Form SS-4 must be sent to the IRS. Once you have the TIN, you may properly complete the Form W-8 applicable to your company and your company may be eligible for treaty benefits.
If your company is not treated as a "corporation" for US income tax purposes, the beneficial owner(s) of your company will need to determine the W-8 form corresponding to its, his or her tax profile and such beneficial owner(s) will need to submit properly completed W-8 forms to Dreamstime in order to be eligible for treaty benefits.
If your company is not an LLC, a partnership or a corporation organized under US law and is not a qualified resident of a country with an income tax treaty with the United States, or if you do not comply with the procedures required by the IRS to be eligible for treaty benefits, you will still need to submit the applicable W-8 to Dreamstime. In that case, a 30% US withholding tax rate is applicable to payments made by Dreamstime to your company.