Can The Trust Be A Shareholder In A Foreign Company
The trust can be a shareholder in a foreign company as long as the foreign country's laws allow this. The trust can change its jurisdiction/situs/location at any time and is not permanent.
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Foreign LLC vs Domestic LLC
Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one it was originally formed within; often used for entities previously registered in another state and wishing to conduct business within a new ...
Does Trust Require Series 98 (Foreign Entity) EIN
Typically, no. Unless the trust is outside the USA but prefers doing business inside the country, it is not necessary.
Can A Private Express Trust Operate Privately While Having Control Over A Public Entity
A private trust can hold interest in and/or liens over entities in any jurisdiction and operate from without those jurisdictions, i.e. foreign to those jurisdictions, as long as the trustee does not make minimum contacts into those jurisdictions by ...
Can A Trust Be Shareholder for S-Corporation
No. S-Corps are restricted from having a shareholder that is a private irrevocable express trust (i.e. Bulletproof Trust). Only a Testamentary Trust, Voting Trust, Electing Small Business Trust (ESBT) or Qualified Subchapter S Trust (QSST) can be a ...
Can A Trust Be Shareholder for C-Corporation
Yes, both as a shareholder or even the sole shareholder. Further, the trustee can be the originator of the corporation.