Legal Question in Business Law in Florida

I am a Bahamian citizen that own several businesses and looking to expand in the U.S. My question is that I would like to llc then purchase my Bahamas business through my U.s. llc


Asked on 1/27/11, 7:47 am

2 Answers from Attorneys
Tracy Newmark The Newmark Law Firm, PA

What is the question that you would like answered? A US LLC can purchase foreign assets, but that may subject it to certain jurisdictional issues or liabilities. There would need to be more facts added to this inquiry for a meaningful answer.

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Answered on 1/27/11, 2:33 pm
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I agree with the other attorney answer. All surrounding facts and circumstances need to be considered, as well as both legal and tax aspects. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 1/31/11, 8:57 am


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