Ask Experts Questions for FREE Help !
Ask
    mikemleo's Avatar
    mikemleo Posts: 7, Reputation: 1
    New Member
    		  
    #1

    Jan 2, 2008, 09:28 AM
    Need to open a S-Corp
    Hi All,

    I need to open an S-Corp. I am on an EAD (resident alien) and waiting for my Green Card to become permanent resident. Just wanted to know what is the criteria for the shareholders of an S-Corp. I am getting conflicting answers which says that only US-Citizens can open and be the shareholders of an S-Corp. Is this correct?

    More information on the process of opening an S-Corp will be welcomed. I want to incorporate the company in state of Texas

    Thanks
    --Mike
    Stringer's Avatar
    Stringer Posts: 3,733, Reputation: 770
    Business Expert
    		  
    #2

    Jan 13, 2008, 11:43 AM
    I have never heard this question before and I apologize for not having an immediate answer. However it is a question that can be quickly answered by an attorney or by Googling: "SCORE" business people that will be happy to respond.
    Stringer
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Difference between W2 and Corp-to-Corp [ 10 Answers ]

Hi, I want to know the difference between compesation in W2 and Corp-to-corp when working as a consultant for a company. For eg: if my comp rate is 40$/hr W2 for 1st case and 40$/hr corp to corp for second, in which case am I supposed to take care Of my taxes? :confused:

What is W2 and Corp to corp [ 1 Answers ]

Hi Iam on H1B . Iam in search of jobs on .net technology. Whenever I call some consulting company, they ask me if I am willing for w2 or corp to corp! What are these tax terms?

View more questions Search