News Category: Corporate & Business Law
New Regulations on Foreign-Owned Single-Member Limited Liability Companies
In mid-December 2016, the U.S. Treasury Department issued final regulations affecting all foreign-owned single-member limited liability companies. While these regulations have the potential to increase transparency with respect to the movement of foreign funds, they impose new burdens on the foreign owners of U.S. LLCs. Prior to these final regulations going into effect, the ownership