Anonymous asked in Business & FinanceCorporations · 1 decade ago

Can I operate a business outside the country with a sole proprietorship type of business?

I'd like to operate a Business and Trade Organization outside the US. If I have a sole-proprietorship type of business, can I do that? If I decide to form an alliance with another business outside the country, would I have to change into a Corporation?

1 Answer

  • 1 decade ago
    Favorite Answer

    You can absolutely operate as a Sole Proprietor and still have have alliance with another company.

    Whether you have strategic partnership or contractual partnership, you should be able to show revenue on your tax form as a sole proprietor. The taxes are very complicated, depending on which company you are operating in because I know someone who has a similar business model. There are accountants that specialize in this area and you can consult them.

    Also feel free to sign up on where you can find and network with small businesses globally. Feel free to link with my company (Paul Graphics).

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