S corporation requirement

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fpvt2
Posts: 3
Joined: Thu Mar 17, 2011 3:24 pm

S corporation requirement

Post by fpvt2 »

Can one create an S corporation if one's entire business operation, employees, and bank accounts are overseas ?
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JGCA
Posts: 754
Joined: Thu Nov 18, 2010 3:05 pm
Location: Montreal, QC Canada

Post by JGCA »

THere is a max limit of between 1 to 100 sharehoders to form an S corp and ALL must be US residents and US citizens no non resident aliens allowed.
JG
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