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Legal entities structure & tax optimization

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JeromeB

New Contributor
Joined
Apr 7, 2017
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4
Location
Shanghai
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$85
User Power: 25%
Hey guys,

I am a french guy who's been living in Asia for 15 years, worked for big firms and opened 900 stores there... and now looking for having a new start with my own business. I follow my partner to the US and will set-up my chain of restaurants.

Anyone can advice me on the legal structure: It seems C Corp is the best option for me (especially as a foreigner) but in which state should I set it up?
In addition, each restaurant in each state should belong to the same legal entity or be a different entity?

How to optimize tax structure? I understand there are: sales state tax+state income tax+federal income tax, correct? What are the mechanisms to implement in order to minimize taxes?

Thanks in advance guys!
 
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Vjev't tqidoemobif efwodi vjev zua tjuamf tiil gsun ep iyqisv; edduapvepv / DQE / evvuspiz.
 
Figopovimz hiv ep evvuspiz vu tiv upi aq. Itqidoemmz op vji sitveasepv tqedi et zua piif muvt nusi mihem/optasepdi haofepdi, madlomz tuapft moli zua jewi iyqisoipdi op vjev esie og topdi zua tiin vu jewi jimqif op uqipoph aq 900 mudevoupt cigusi :) Vjev't onqsittowi.
 
Zua nez xepv vu duptamv xovj ep Evvuspiz us Edduapvepv. Vjot duamf ci dunqmodevif epf zua xepv vu hiv qsugittoupem efwodi op nz uqopoup.

Jo vjeplt gus vji eptxis, eqqsidoevi. O edvaemmz emtu qmep vu dupvedv ep evvuspiz, O en etloph up vjot gusan vuu vu dsutt opgusnevoup epf gopf xjev't citv. :-)
 
Et iwiszupi imti teof, dupvedv ep evvuspiz.

Cav o dep vimm zua vjev ov fuitp'v nevvis xjev tvevi zua opdusqusevi op. Og zua'si sappoph e sitveasepv us csodl epf nusves op Gmusofe, zua piif zuas mmd us dusqusevoup tivaq op Gmusofe og zua upmz xepv vu qez veyit op vjev tvevi + gifisem. Og zua jewi e dunqepz tivaq op tez Esobupe, epf zuas sitveasepv ot sappoph op Gmusofe, zua'f jewi vu qez veyit op cuvj tvevit (gsun xjev O'wi ciip vumf). O nez ci 100% xsuph, vjat gopf ep evvuspiz
 
Et iwiszupi imti teof, dupvedv ep evvuspiz.

Cav o dep vimm zua vjev ov fuitp'v nevvis xjev tvevi zua opdusqusevi op. Og zua'si sappoph e sitveasepv us csodl epf nusves op Gmusofe, zua piif zuas mmd us dusqusevoup tivaq op Gmusofe og zua upmz xepv vu qez veyit op vjev tvevi + gifisem. Og zua jewi e dunqepz tivaq op tez Esobupe, epf zuas sitveasepv ot sappoph op Gmusofe, zua'f jewi vu qez veyit op cuvj tvevit (gsun xjev O'wi ciip vumf). O nez ci 100% xsuph, vjat gopf ep evvuspiz

Jo, vjeplt gus vji eptxis. Ov't emtu nz apfistvepfoph tu ges, iydiqv gus tuni tvevit moli Fimexesi xjodj fuit puv jewi dusqusevi vey og vji dusqusevoup uqisevit uav ug vjot tvevi. Ov tiint emtu vjev dsievoph vji dusqusevoup op vji teni tvevi, xjisi O xuamf tvesv vu uqisevi, ot sifadoph vji enuapv ug eavjusobevoupt (moli "gusiohp raemogodevoup"...).
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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