Before roasting me, I’ve searched the sub extensively and read all about the pitfalls of having a US LLC while living in Japan which has left me wondering what to do. But in addition to that, the situation I am in is a bit unique.
Very briefly – an overseas entity and I are partnering with a Japanese company to open a Japanese entity in Japan. The ownership structure is basically split in thirds. We are planning on this being a GK.
The overseas partner has additionally asked if I alone (US citizen living in Japan without PR but whose been here for 8 years and will apply when possible) am interested in opening an office in US. The Japanese partner has no appetite for this at this time.
This entity will be 49/51% split with the majority being held by the managing partner who is overseas (ie. not me).
I am more than happy to pay taxes on my portion of whatever earnings we take in the US in addition to the tax I’ll already be paying on the Japan entity, I just want to use the most appropriate business structure to avoid major tax headaches/issues.
by Head-Map2356