Incorporation options with non US partners?

1 point·sanj··5 comments

It 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?

Does 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?

C-corp is fine, don't worry about it.

Resident agent == US citizen or service. Any other officers/owners can be offshore.

But a c-corp has poor tax implications. And has yearly (quarterly?) filings. And is much more expensive to set up.

They'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/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

I'd read through those. Obviously, you will probably be incorporating in another state. Nevada is the second most popular, to Delaware.

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