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Old 02-08-06, 09:17 PM   #1
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Default Can a foreign individual run LLC sole proprietor, LLC partnership or both?


I know that a foreign individual can own and manage LLC, but is there any requirement as he/she does that? More specifically, LLC can be taxed as

Sole proprietor
Partnership or
Corporation (right?).

Can LLC owned and managed by a foreign individual be taxed in any of the following three ways or it needs to be taxed in a certain way (like taxed as a corporation)?

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Old 02-09-06, 04:57 AM   #2
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Default Re: Can a foreign individual run LLC sole proprietor, LLC partnership or both?

I believe it varies between states... from what I understand in Delaware you just pay a few hundred dollars a year.
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