There is a company in Uruguay and also Belize that I would use as a base to facilitate a branch office in the USA
Having lived in practiced in Memphis for several years, if you are bringing a South American country's business to the region, the Memphis Regional Chamber of Commerce has dozens of partnerships and programs that will assist in facilitating your company's presence. The economic incentives to have non-US businesses locate operations or a presence in Memphis are quite attractive, but need to be as much given some of the odd tax burdens in Shelby County (inventory tax, wheel tax, etc).
But you should definitely consider forming a properly structured corporation to serve as the basis for operations. It may well be easier to form a corporation in a traditional jurisdiction (Delaware, Wyoming or Nevada) and then register it as a foreign corporation in Tennessee if you will have non-US owners.See question
Just getting started in real estate investment business in PA. I formed and organized my LLC in Indiana Wife got transferred to Pittsburgh. Having start all over again.
You can simply change the address of your Indiana corporation and register it as a foreign corporation in Pennsylvania. You should be cognizant, however, of what the tax effects are.See question
Does anyone have a lead?
if you're offering r/e for investment via a website, you're likely engaging in a public offering of securities, which requires registration under state and federal laws, proper disclosures and timely filings. No one page disclosure for a web page is ever going to protect you.See question
I am a current student at Chicago Booth's executive MBA but with no student visa as I travel to campus once a month for a weeks stay. I have a ten year tourist visa. I am planning to invest up to $100K in this venture and will be employed full...
The amount of money of which you are speaking will not by itself serve as the basis for an investment-centric visa such as EB-2 or EB-5. As others have stated, you need to consult immigration counsel to discuss your specific situation.See question
Am a former financial advisor, and am currently being sued by my former employer for solicitation and stealing trade secrets. Both claims are completely false. I am not even licensed anymore. My former employer used verbiage on my U-5 that has ...
Pro se defendants in these sorts of cases almost never (emphasis on "never") prevail, and you can look through the arbitration award history of similarly situated registrants in the arbitration award section of www.finra.org. That being said, you can file a counterclaim for libel, slander and other torts not only against the firm but the branch manager and others who may have been involved. But be aware that the counterclaims cost money to file, although in limited instances you can request that FINRA grant you a fee waiver. Then there is the other issue as to your work in the business in the future, or lack thereof. You are going to need to speak with counsel to assist you on evaluating your options. Many law schools have securities arbitration clinics that may be able to assist you, or you may be able to find counsel to work on contingency.See question
We have no physical location, and do no physical business. Everything we do is virtual. Our LLC is based in Delaware however. Our app lists bars people can go to at night (similar to Yelp or Yellowpages). If we have Los Angeles, San Fransisco and ...
If you are generating income from the residents of a particular state, in a preponderance of instances you will owe tax to that state on that income. There are limited exceptions from state to state. Physical business has little to do with the analysis. Contact an experienced tax attorney or accounting firm who has handled similar issues in the past.See question
7 years ago, I was served a subpoena from the U.S. Securities and Exchange Commission stating that there have been complaints made about me regarding securities fraud. I never went to the court date to testify or produce the documents required of ...
Chances are if you failed to appear for an SEC administrative proceeding, they have proceeded against you and obtained a default judgment. Whether the SEC has taken any steps to pursue collection of the fine it levied against you is open to question. But remember that the SEC itself cannot prosecute criminal matters - those are referrals to the Justice Dep't and a US Attorney. In that regard, you may already be the subject of a criminal proceeding if the matter was referred by the SEC to Justice. While failure to reply to a subpoena is not a good thing by any stretch, I would be surprised if the SEC actually convinced an AUSA to prosecute such a violation. But if you're back in the USA, I would imagine things would rev up once again given that you really have no defenses to ignoring the SEC, and that whatever they'd throw at you would stick in court.
You will need counsel well-versed in handling matters with the SEC and likely white-collar defense if you choose to come back to the USA.See question
To help my brother maintain his business I lent him over $500,000 U.S. Now, he wants to pay me. He lives in Quito, Ecuador. I have Theae I owe you s, (letras de cambio) with his signature, date of lending and amount. Would a bank to bank transfer ...
The transfers of funds will have to comply with applicable AML and OFAC regulations. Now if you haven't shown income of $500,000 for a while and suddenly this money shows up, it is reasonable to expect that the IRS may question the payment. Other than the usual reporting requirements, the wire transfer of these funds shouldn't cause you problems. Your financial institution, however, will have many documents to complete in connection with their compliance obligations. All of this is, of course, based on the assumption that the funds are not the product of illegal activity or meant to facilitate illegal activity.See question
My Dad is not US citizen nor Green Card and He live aboard. He's filled Thai business License with his 2 Friends who also Thai and holed US green card. They are agree to buy car parts in the State and ship back for sale in Thailand. After Partn...
Be aware that while these people may be able to be sued in the US, you will have to serve them with papers in Thailand. Thailand is NOT a party to the Hague Convention. This means you will have to ask the court to issue "letters rogatory" so that the US Dep't of State can request that Thai authorities serve the papers as a matter of diplomatic protocol. The fees alone to the State Dep't can exceed $3,000, and it will take several months for the parties to be served.
In short, hire an attorney to handle this litigation and the complex service and jurisdiction issues it presents.See question
I want to establish an investment account (without soliciting outside funds) with two other people. We are all residents of California. Can we register the LLC in Wyoming (or another no-tax jurisdiction)? There will be no employees and we will hav...
You can certainly form a Wyoming LLC. But if your goal is to avoid CA tax, you're out of luck. As a resident, your income would include what ever returns you get from the LLC. I'm not a CA tax attorney, but I do know that LLC income is treated differently than that of an LP in CA. So you may just want to form a CA LP for this. Whatever you do, hire counsel to put your entity together and register it with CA and Federal tax authorities.See question