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Foreign ownership refers to the ownership of a portion of a country's assets (businesses, natural resources, property, bonds, equity etc.) by individuals who are not citizens of that country or by companies whose headquarters are not in that country.
An LLC owned by a foreign corporation is taxed as a C-Corporation. The business is taxed as a separate entity and subject to double taxation.
Yes, foreigners can be a partner in a US-based LLC. If you're a foreigner who's interested in investing and starting a new business in the United States, it's important to know the requirements for becoming a partner in a Limited Liability Company (LLC).
For the purposes of starting a US LLC, non-citizens living inside or outside of the US can both legally form a US LLC.
Tax-free LLC income for foreign owners of a US LLC Effectively, foreigners are only subject to US tax if they are ?engaged in a trade or business in the United States? (ETOB). If your business is not ETOB, even if it generates income in the US, the income is not taxed in the US. More on dependent agents below.