QUESTION
I am not a US Citizen, but would like to iform an LLC in Delaware as a sole owner. The other possibility is with my fieind which is a Green Card Holde
Asked on Apr 30th, 2011 on Business Law - Delaware
More details to this question:
I was told that the first choice is not possible, or will cost me an arm and a leg in taxes. And the one with the possibility with my friend, well let sat is not possible either because of the issue that I am not a green card holder or a US Citizen.
The forming of a CORP is that I do not want the hassle that this brings with it, like having a CEO, take workers in service, etc. Also I do not need all this because I will be doing the work part-time and it is a small biz. This is for me to do business in the US. I would like to setup an LLC in Delaware but do business in Florida & New York.
1 ANSWER
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First, you can set up a corporation,or LLC as a non-citizen, in any state. If you are conducting business in other states you must register as a "foreign corporation" in each state other than the state of incorporation where the company will have a physical presence. Owning a company does not necessarily give you a work permit (green card) or work visa.
Answered on Jun 12th, 2012 at 1:03 PM