Partnership with foreign partner

  • Thread Starter Thread Starter Melissa_2
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Melissa_2

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New Jersey
Hello!

I am planning to start a business with a foreign partner. The foreign partner does not have a SSN . It is going to be an online business and we are thinking of registering the company either in Delaware or Wyoming. I reside in New Jersey.

I want to know which partnership will be the best for me? Since, I will be the US resident for the company, will I be more liable/accountable for everything (tax, laws, licenses, lawsuits etc. )? If yes, then how can I protect myself?
 

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