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Forming LLC

 
 
 

Customer Question

I am a US citizen living and working in Saudi Arabia , I was thinking to
incorporate a US company that holds passive investments like (Stock,
Bonds, Real Estate, Shares in Private Equity companies)
in the US and abrod.I need a company that i can Increase my 2 kids
share every 2 to 5 years , Adding money to company every year or as needed with the minmum tax and ( keep goining) maintenance cost. so i have few questions to ask :

1) Is LLC in Delaware since i live abroad?

2) Can i increase my kids share and add money tax free?

3) What is the minimum and maximum amount to keep it going?

3) is it ( the LLC) going to be taxed on the corporate level?

4) can i buy international Assets? like house or commercial real estate abroad.

5) can i work in it ? or get somebody to manage it for me?

6) can i get loans from the banks to buy more asstes?

 

Thank you very much,

 

Louai Nahas


Submitted: 962 days and 21 hours ago via Nolo Press.
Category: Legal
Status: CLOSED
 
 
 
 
 
 
Posted by Ely 962 days and 18 hours ago.

Response From Expert

Hello,

 

My name is XXXXX XXXXX X am one of JustAnswer's attorneys. I'll be helping you resolve your matter today.

 

Can you be more specific as to what you mean by "add" to the LLC, please? Are you referring to investment?

 
 
 
 
 
 
962 days and 18 hours ago.

Customer Reply

Hello Sir,

 

Adding all kind of Assets like ( cash , stocks, real estate)

 
 
 
 
 
 

Accepted Answer

You can add as much liquid moneys as you wish into an LLC's bank account - there is virtually no limit.

 

You can also put whatever you want under the ownership of the LLC. The LLC - a limited liability company - is a legal entity, which means it can "own" anything. Many business persons have LLCs for their small businesses and have their LLCs actually owning the property of the business, etc.

 

Point is - an LLC can owe anything a person can.

 

 

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Picture
Expert: Ely
Pos. Feedback: 99.1 %
Accepts: 15070
Answered: 10/4/2009

Counselor at Law

Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

 
 
 

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