Hey Guys, I have a question. My uncle lives in Russia. He wants to incorporate his business, but he wants to do it in the US. Is that possible and what steps would he have to take? He's going to get a lawyer of course to help him out, but I just wanted to make sure it was possible before he dishes out money to lawyers for no reason. Thanks, Nick
Generally speaking, a non-resident non-U.S. citizen can own all the shares in a U.S. corporation. There are tax issues on the distribution of dividends and there are other issues that your uncle's attorney can explain to him, but there is no particular reason why he can not incorporate a business in the U.S.