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Why cant a non citizen open a s-corporation?.. why only a

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Why can't a non citizen open a s-corporation?.. why only a us citizen can start a s-corporation? .........
Submitted: 3 years ago.
Category: Business Law
Expert:  LawHelpNow replied 3 years ago.

Hello Nicardo,


My name isXXXXX a licensed attorney. Glad to try and help out.


The reason is because the law prohibits this practice, unfortunately.

To read the applicable provision, please click the following link:

26 U.S.C. § 1361

I am sorry.


If you have a follow-up question or need clarification, please just say the word by using "reply" to reach me.

I hope all works out for you.

Happy New Year!

Take care,

Ben, J.D.

Expert:  LawHelpNow replied 3 years ago.
Hello Nicardo,

I enjoyed working with you recently.

How are things going?

Is there anything else I can do to help?

Please just let me know.

Thanks!

Ben, J.D.

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