Generally, there are no restrictions on foreign ownership of a company formed in the United States. The procedure for a foreign citizen to form a company in the US is the same as for a US resident. It is not necessary to be a US citizen or to have a green card to own a corporation or LLC.
You don’t need to be a US citizen to own a US business. You don’t even have to step foot in the US to own an LLC or corporation, but you’re not allowed to work without a valid visa. If you want to work for the business you own, you’ll need to obtain a visa.
Not without proper documentation. Being a director, as well as a shareholder, of a US corporation is allowed without a visa, but being an officer and performing your duties within the US is generally not allowed. Working for your corporation or LLC within the US without a valid work visa is not allowed and punishable with some significant fines and possible deportation.
Processing times vary by state. Usually you’re looking at between two days to two weeks depending on if you pay for expedited processing. It should be noted that processing times also change depending on how backed up the Secretary of State offices are.
No, you cannot use the registered agent’s address as your legal address or the mailing address of the company. The registered agent address (and service) is strictly for receipt of official documents. The legal address of your company has to be the real one (i.e. your home or office in your country or a mail forwarding service that authorizes you to use their address as yours).
The Tax Planet is launched in 2020 by competent Tax Professionals having expertise in USA Taxation Laws with the aim to provide quality content on various Taxation and Business formation matters.
10 ,Basement, Vinoba Puri, Lajpat Nagar II New Delhi, 110024