HI,
I'm a US citizen looking to form an LLC with a foreign partner. My partner is
an Indian citizen and I was wondering if he had to show proof of a certain
amount of money in his personal accounts in order to be apart of an LLC in
the US. I have heard some people say that they needed to show $200,000.00 in
capital to enter into the American market. Is this true? What financial
prerequisites would my partner have to fulfill in order to open and LLC with
me?
thanks
Alex Coffey | Window Shopper |
4/29/2012 - 12:12 pm
Good questions n.narayan. I'm in a similar situation. I'm researching setting
up a LLC with a Chinese partner. They already have a consulting business
license in China but want to start a use based company with a partner. I
haven't read anything about a foreign partner needing any capital to join a
LLC.
Alex Coffey | Window Shopper | 4/29/2012 - 12:12 pm
up a LLC with a Chinese partner. They already have a consulting business
license in China but want to start a use based company with a partner. I
haven't read anything about a foreign partner needing any capital to join a
LLC.
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