Frequently Asked Questions

General Questions

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Can I create a US branch of my foreign company?

Yes. The challenge however is that your foreign corporation will likely be required to pay dividends on profits that it receives in the USA – to the IRS. That takes you back to double-taxation (and a lot of paperwork).

Additionally, the banks and EMIs that we work with will not remotely open bank accounts for companies that are subsidiaries of other companies.

This is because the bank will not have visibility of the final beneficial owners (humans) and they do not have an interest in spending additional time and money to research who the ultimate beneficiaries are.