China Bank is a foreign entity-a firm owned and operated by investors in a foreign country. With respect to an LLC in the United States, China Bank can

Question

Quizplus · Accepted Answer

A foreign entity like China Bank can become a member of an LLC in the United States, subject to the requirements set by the state laws where the LLC operates. This means that China Bank can invest in the LLC and have a say in its management and operations. However, it should be noted that there may be additional compliance requirements for foreign investors, such as registering with the IRS and obtaining an EIN.

China Bank Is a Foreign Entity-A Firm Owned and Operated