Comment by bonestamp2

2 years ago

On this note, if you're forming a company in the US and some of the owners/founders are not American, be sure to get an accountant and lawyer in the US to confirm your compliance with US foreign ownership laws.

What if you're located outside of the US but a US citizen?

  • Then you're in for a treat: Look up FATCA. If you have intellectual property involved in low-tax jurisdictions, you'll also want to look up GILTI.

    • Wow I already file and pay US taxes despite living there so was familiar with FATCa but dam might have to go Wyoming