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 Trying to invest in us market, Stuck in filling W8-BEN form

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TStotox7
post Aug 26 2008, 02:38 PM, updated 18y ago

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Hi,i'm quite interesting in some stocks in US stock market,so my friend recommend me Zecco trading, www.zecco.com, with zero commision charged if your total investments are above USD2500, attractive! However, i'm stuck when i were filling the W8-BEN form for tax purpose. Non-US citizen are not eligible to get SSN or IRA number, moreover i have no tax obligation in Malaysia, is that means i'm not eligible to invest in US? Is there anyone who had filled this form before?

howszat
post Aug 26 2008, 03:00 PM

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Just leave number 6, U.S taxpayer identification number, blank. That's only an "if required" field.


TStotox7
post Aug 26 2008, 04:02 PM

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Thanks for your reply. smile.gif

If that so,how bout the blanks in 7 and 8 in part 1? Besides that, the tax treaty benefits, part 2 are all confusing me, are we just need to leave it all blank include the part 3?


Added on August 26, 2008, 4:20 pmHowever, the form is contain in the link below
http://www.zecco.com/Downloads/Forms/W8_BEN.pdf

This post has been edited by totox7: Aug 26 2008, 04:20 PM
howszat
post Aug 26 2008, 04:34 PM

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Fill in 1, 3, 4, 5.

3 = Individual, 5 = if required.

Leave 2 blank unless you are a corporation (but doesn't sound like it smile.gif )

Leave 6, 7, 8 blank.

Fill in 9a. I'm not sure what you mean by "no tax obligation in Malaysia". If that means you are not yet earning an income, put in Malaysia anyway because that is where you pay tax when you do have an income.

You need to sign and post the copy - a fax is not accepted.
TStotox7
post Aug 26 2008, 05:40 PM

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QUOTE(howszat @ Aug 26 2008, 04:34 PM)
Fill in 1, 3, 4, 5.

3 = Individual, 5 = if required.

Leave 2 blank unless you are a corporation (but doesn't sound like it smile.gif )

Leave 6, 7, 8 blank.

Fill in 9a. I'm not sure what you mean by "no tax obligation in Malaysia". If that means you are not yet earning an income, put in Malaysia anyway because that is where you pay tax when you do have an income.

You need to sign and post the copy - a fax is not accepted.
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Yeah,i think i get it,thanks alot for your help! smile.gif
oneeleven
post Aug 26 2008, 10:40 PM

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Maybe you can guide me too....

How can I buy USA Vanguard funds in Malaysia? Can I go through a CDC broker? Are there special legalities, taxation about owning them?


Advice will be appreciated,

111

CHiNO730
post Aug 30 2008, 02:52 AM

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QUOTE(oneeleven @ Aug 26 2008, 10:40 PM)
Maybe you can guide me too....

How can I buy USA Vanguard funds in Malaysia? Can I go through a CDC broker? Are there special legalities, taxation about owning them?
Advice will be appreciated,

111
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Can you open an account directly with Vanguard using the above mentioned W8BEN?
Vanguard is known for their no-load A share class scheme, so brokers usually have limited access to their funds. American Funds is also similar, but have such a wide distribution through their wholesalers that you can pick these up rather easily, in comparison.

That being said, you'll have to open up an account directly through them, though I have a feeling they won't support non-US citizens?



 

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