The United States remains one of the most attractive destinations for entrepreneurs worldwide. Even without living in the U.S., foreign nationals can start and manage a company — often 100% remotely. This opens access to the U.S. market, payment processors like Stripe and PayPal, and international credibility. However, the process involves specific legal, tax, and logistical steps.
1. Can a Foreigner Own a U.S. Company?
Yes. U.S. law allows non-residents to own and operate businesses. There are no citizenship or residency requirements for forming a Limited Liability Company (LLC) or a C Corporation (C Corp). However, certain activities, such as running an S Corporation, are restricted to U.S. citizens and permanent residents.
2. Choosing the Right Structure
- LLC (Limited Liability Company)
Flexible, easy to manage, with pass-through taxation. Ideal for freelancers, consultants, e-commerce, and small businesses. - C Corporation
Preferred for startups seeking venture capital or issuing stock. More formal, with stricter reporting, but allows unlimited foreign ownership.
3. Registering Remotely
Most states allow online registration. The most popular states for foreigners:
- Delaware — strong legal protections for business owners.
- Wyoming — low annual fees, strong privacy.
- Florida — growing business ecosystem and no state income tax.
You will typically need:
- A Registered Agent in the chosen state.
- Articles of Organization (for LLC) or Incorporation (for C Corp).
- An EIN (Employer Identification Number) from the IRS.
4. Getting an EIN as a Non-Resident
- If you have no U.S. Social Security Number (SSN), you can still apply using IRS Form SS-4.
- Application can be sent via fax or mail.
- Processing time can be from 2 to 6 weeks.
5. Opening a U.S. Bank Account Remotely
This is often the biggest challenge. Some options:
- In-person visit to a U.S. bank branch.
- Use of international-friendly banks or fintech platforms (e.g., Mercury, Wise Business, Payoneer).
- Working with a service provider that helps foreign founders set up accounts.
6. Taxes and Compliance
- Non-resident owners of U.S. companies must file annual returns.
- An LLC with foreign owners must file IRS Form 5472 and keep accurate records.
- State-level annual reports and fees also apply.
7. Advantages of Remote U.S. Company Ownership
- Access to global payment systems.
- Stronger trust with international clients.
- Ability to scale in the world’s largest economy.
Conclusion:
For foreigners, opening and running a U.S. company remotely is not only possible — it can be highly beneficial. With the right structure, legal compliance, and banking strategy, international entrepreneurs can enjoy the prestige and opportunities of the American market without relocating.