Answers

Canadian citizen owning US corporation

Asked by: Karen  — 8 July, 2011

Can a Canadian citizen own a US corporation ? And also be a single member as well with no partners ?

Answered by: admin  — 8 July, 2011

Karen,

The answer to both questions in yes, a Canadian citizen (or any citizen for that matter) can own a US corporation, and this corporation or otherwise and LLC can be owned solely by that person.

Keep in mind that owning a US entity might require such person to obtain what is called an ITIN and file personal tax return with the IRS (even if there was no profit in the US).

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message