The title doesn't say it all, so here is a little more details:
I'd like to open a US LLC and I thought of asking a US resident friend to open it & then sell it to me - To Speed up the process. He will sell it for me for practically no money (except for the set up costs).
Is this a bad idea? What things should I look into before doing this?
EIN still takes time to be issued, right? (Which is the main reason I'd do this.)
Should I inform any Banks he opened accounts with of change of ownership in case he opens some accounts (not planning to ask him to do so, but just imagining the situation)
I'd like to open a US LLC and I thought of asking a US resident friend to open it & then sell it to me - To Speed up the process. He will sell it for me for practically no money (except for the set up costs).
Is this a bad idea? What things should I look into before doing this?
EIN still takes time to be issued, right? (Which is the main reason I'd do this.)
Should I inform any Banks he opened accounts with of change of ownership in case he opens some accounts (not planning to ask him to do so, but just imagining the situation)
