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Corporation for foreigners

Asked by: mariana - 26 February, 2012 Does one must be US citizen to open a corporation?
Answered by: Robert Kowalski - 27 February, 2012 Dear Mariana,

Foreign individuals or entities can be shareholders of a US corporation, provided this corporation is not S-Corporation. Same rules apply for LLCs as well, meaning a foreigner can bea member of an LLC as long as the LC is not elected to be taxed as S-Corporation.


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