Hey my friend was born here, but his father is a resident alien and has a ssn, we keep telling him to become a citizen so there looking into that now. But his father is a REALLY talented artist and designer. he has design a couple of websites just for hobby, and he wants to start up a company, but they dont know how to file it in his income tax because there not sure if you have to be a us citizen to own a company. can you put the name of your company in the tax files, or can you even own a company if your a legal us resident alien?
2007-05-08 12:58:58 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You do NOT need to be a citizen to own a company in the US. Or anything else for that matter.
2007-05-08 13:10:11 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
a big chunk of the US is owned by people that have never set foot here,, especially China which owns tons of our debt,, but I regress.
Yes,, your friends dad can have a business/corporation in the U.S. without being a U.S. citizen.
He would file tax forms just like anyone else,, pay tax like the rest of us,, and maybe he will feel like a citizen by doing so.
2007-05-08 21:38:56 · answer #2 · answered by Jo Blo 6 · 0⤊ 0⤋
He should be able to as I know of a broker who lived in the US and applied for citizenship and he was operating his own company.
2007-05-08 20:10:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋