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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:
admin — 26 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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