Limited Liability Company (foreign)
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FAQ
A U.S. entity that owns at least 10% of a foreign corporation may be considered the owner of a controlled foreign corporation (CFC), depending on the residency of the remaining shareholders. A U.S. company that owns at least 10% of a CFC is subject to additional U.S. tax reporting requirements.
An LLC is a domestic company in one state ? its state of organization. It is considered a foreign company in every other jurisdiction. If an LLC wants to transact business in a state other than its state of organization, it will have to register as a foreign LLC with that other state's business entity filing office.
What is the best state to start an LLC as a non-US resident? If you are located outside of the US and want to form a legal entity like an LLC, we recommend Delaware or Wyoming to form your LLC. The state you choose depends on your business type and how you plan to scale your business or company.
Wyoming. Wyoming doesn't tax income, either personal or corporate, and it also doesn't have a franchise tax. In fact, it ranks number one in the Tax Foundation's 2022 State Business Tax Climate Index. Additionally, as mentioned above, Wyoming is one of the four states with enhanced privacy protection for LLCs.
Yes. California registered LLC may operate internationally. No California laws restrict international operation.
