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

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USA Corporation, Canadian and US Citizen

Asked by: jason  — 8 October, 2012

I am Canadian and my parter is US citizen, can we form a corporation in USA?

Answered by: admin  — 8 October, 2012

Dear Jason,

You can certainly open a US company, with or without a US citizen (although there might be several benefits in partnering with US person). The only type of entity requiring all shareholders to be US persons is S-Corporation, but you can open LLC or C-Corporation with no problem.

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