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Are non-U.S. residents allowed to own a Corporation or LLC?

April 26, 2017allowed corporation LLC non-U.S residents

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Are non-U.S. residents allowed to own a Corporation or LLC?

2 Answers

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There are no citizenship or residence requirements for ownership of a C Corporation or an LLC. The S Corporation however does not allow nonresident aliens to be shareholders (owner), but any US citizen or resident alien may be a shareholder (owner). You would, of course, require an in state street address for the state to forward official legal and tax correspondence including service of process, known as the registered agent address, but neither residency nor citizenship is required for ownership of a C Corporation or an LLC.

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There are NO citizenship or residence requirements for ownership of a C-Corporation or an LLC. The S-Corporation however does not allow nonresident aliens to be shareholders (owner), but any US citizen or resident alien may be a shareholder (owner). You would, of course, require an in-state street address for the state to forward official legal and tax correspondence including service of process, known as the Registered Agent address, but neither residency nor citizenship is required for ownership of a C-Corporation or an LLC.