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Slightly OT when Tim says "US-based investable entities (which is easy)" how easy it really is? Even if one incorporates in say Delaware, according to (say UK
by agilebyte 13y ago
Slightly OT when Tim says "US-based investable entities (which is easy)" how easy it really is?
Even if one incorporates in say Delaware, according to (say UK rules) a company is resident where the heart of the company is. And if I, as a director, am physically out of US (or Delaware), how can you claim your company is resident there? Nominee directors?
- rrouse 13y agoI believe the intent is that the business was founded in the US.
- agilebyte 13y agoOK so incorporated in US but paying taxes wherever in the world?
- chollida1 13y agoNot really. He explains what he means in the article. > - US-based companies, or companies willing to create US-based investable entities (which is easy). Shopify started in Canada, for instance. The business can be founded anywhere as long as it has a US based entity.
- rrouse 13y agoVery true. Wasn't aware Shopify was started in Canada