global

U.S. Reporting Requirements for Foreign-Owned LLCs and Corporations

When a U.S. LLC or corporation is owned by foreign founders, several reporting rules may apply depending on the entity’s structure, tax classification, and the owners’ circumstances. The most common reporting obligations come from the IRS, FinCEN, and the Bureau of Economic Analysis (BEA). FBAR Reporting A U.

business

Crossing the Pond: The UK & EU Founder’s Simple Guide to US Business Structures

You have a brilliant business idea. You are based in the UK or the European Union. You are currently in the planning stage, looking across the Atlantic. The United States market is massive. But before you sell your first product or service in America, you must make a critical choice.