3 ms·
Incorporation options with non US partners?
- sanj 20y agoIt seems like folks lean towards S-corps, which are limited to US citizens. LLCs cause problems when looking for money, or even wanting to allocate shares. C-corps are expensive. So, what can you do? Create an S-Corp and give options (not shares) to a non-US shareholder? Is there anything short of a C-corp?
- zkinion 20y agoC-corp is fine, don't worry about it. Resident agent == US citizen or service. Any other officers/owners can be offshore.
- sanj 20y agoBut a c-corp has poor tax implications. And has yearly (quarterly?) filings. And is much more expensive to set up.
- zkinion 20y agoThey're not THAT expensive to start up. I'm sure theres ways to get an LLC or S-corp out of being offshore. Probably the managing partner would be in the US. Here's some Nevada LLC forms: http://www.sos.state.nv.us/comm_rec/crforms/pdf/NRS86FormDomesticpk.pdf http://www.sos.state.nv.us/comm_rec/crforms/pdf/NRS86FormDomesticpk.pdf http://www.sos.state.nv.us/comm_rec/crforms/pdf/NRS78Formpk.pdf http://www.sos.state.nv.us/comm_rec/crforms/pdf/NRS78Formpk.pdf Here's the important one: articles of domestication. It's the same with the LLC. That's your ticket there! :) http://www.sos.state.nv.us/comm_rec/crforms/omni/NRS92ADomestication.pdf http://www.sos.state.nv.us/comm_rec/crforms/omni/NRS92ADomestication.pdf I'd read through those. Obviously, you will probably be incorporating in another state. Nevada is the second most popular, to Delaware.
- sanj 20y agoDoes the fact that LLCs do not have shares imply that each member will know the ownership of every other partner? Or is there a way to keep that private?