Can Foreigners set up an LLC in the United States?
​
Yes, a foreigner can set up an LLC (Limited Liability Company) in the United States. The process is fairly accessible to non-residents and does not require citizenship or residency in the U.S. Here are some key points to consider:
​
-
State Selection: ​​​​
-
​You can choose any state to form your LLC,
-
​
-
Registered Agent:
-
You must have a registered agent with a physical address in the state where you form your LLC. This agent receives legal documents on behalf of the LLC.
-
​
-
Forming the LLC:
-
​The process generally involves filing "Articles of Organization" with the chosen state's Secretary of State office and paying a filing fee. This can often be done online.
-
​
-
No Requirement for a Social Security Number:
-
​You do not need a U.S. Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) to form an LLC, though you may need an ITIN for tax purposes later.
-
​
-
U.S. Business Address:
-
While a U.S. business address is often recommended, it's not always required. Some states allow the use of the registered agent’s address as the business address.
-
​
-
EIN (Employer Identification Number):
-
​If your LLC will have employees, or if you choose to have it taxed as a corporation instead of a sole proprietorship, you'll need an EIN from the IRS. This can be obtained by filing Form SS-4, and non-residents can apply for an EIN without an SSN.
-
​
-
Bank Account:
-
​Opening a U.S. bank account for your LLC can be challenging from abroad, as many banks require physical presence. Some international banks with U.S. branches might be able to assist with this.
-
​
-
Legal and Tax Considerations:
-
It's essential to understand U.S. federal and state tax obligations. Consulting with a U.S. accountant and attorney who understand international business can provide guidance tailored to your specific situation.
-
​
-
Compliance:
-
Ensure compliance with both U.S. law and the laws of your home country. This includes understanding any reporting requirements and tax obligations in both countries.
-
​
​
​
​
​
​