Can a foreigner set up an LLC in the US?
Yes, a foreigner can set up an LLC in the US (United States), and doing so does not require being an American citizen or physical presence of such. That means the selection of a state to register in because each has its peculiar laws, fees, and advantages. Delaware, Nevada, and Wyoming are, of course, the most popular for their very friendly business policies and minimum requirements, yet entrepreneurs may be more interested in states like California or New York because of the big markets.
To set up an LLC, you must file the Articles of Organization with the Secretary of State where the formation is to take place. You would also need to have a registered agent in the U.S. who will receive all notices and other legal communications on behalf of your LLC, which is the most important part of state-level compliance. Once this is registered, you would have to obtain an Employer Identification Number from the IRS. This EIN serves as the tax ID for the LLC and is important for U.S. bank account opening, hiring of employees, and tax filings. Some banks require your presence in the U.S. while opening an account; other banks and fintech companies allow international LLC owners to do so remotely.
Although foreigners are not obligated to have a visa or SSN in order to create an LLC, to conduct business in the U.S., a business or investor visa may well be needed. Taxation varies for foreign-owned LLCs; thus, advice from a tax professional will come in handy when understanding what, when, and how an obligation, such as filing under U.S. tax law, shall be met.
Setting up an LLC for foreign entrepreneurs gives flexibility, protection of limited liability, and simplifies taxes for international entrepreneurs. If properly planned and guided by the right professionals, the structure of an LLC will allow foreign entrepreneurs to access U.S. markets, establish a reliable business presence, and be compliant with both U.S. legal and tax requirements. With One IBC USA expert support in planning, finance, and strategy, foreign entrepreneurs can establish a strong foundation for sustainable success in the U.S. market.
