New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


CA LLC Owned by Non-Residents

Asked by: Andy  — 26 December, 2011

Can we set up an CA llc with 5 partner’s but non of them us reseident & do not have any fed ID or SS #

Answered by: admin  — 26 December, 2011


In short the answer is yes, you do not need to be a US citizen and have an SSN to own membership in an LLC (provided the LLC is not elected to be taxed as S-Corporation).

Of course, the question you should ask yourself is whether California is the best choice of formation state for your LLC. This depends on the nature of your future business and other parameters, and you should discuss your options with a corporate attorney and/or an accountant.

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0