The Corporation is the only company structure available to non-US citizens

The Corporation (Corp. or Inc.) is equivalent to a joint-stock company in most countries

Starting a Corporation in the United States

In the United States, a corporation-structured company is equivalent to a joint-stock company in most other countries.

It is the only form of company that a non-US citizen can establish.

Below is some general information on US corporations:

  • Corporations may be made up of a single person.
  • A non-US citizen can establish a corporation in the United States and be its only member (sole corporation).
  • A foreign joint-stock company can have a share in the capital stock of a corporation.
  • The shares of a corporation are freely transferable by endorsement and registration on the shareholders' register.
  • No minimum registered capital is required.
  • The corporation draws up its financial statements and prepares its income tax return at the end of each fiscal year.
  • Property liability is limited to the net assets of the corporation.