If I set up a US LLC (WY or DE) owned by Tuvalu LLC company, to sell clothing online, am I liable to Tuvalu or US IP law?
1 Answer from Attorneys
All US companies are subject to US laws and state laws in the states where the companies are registered and operate. A subsidiary of an LLC does not necessarily have the rights to use the parent company's IP unless the parent company authorizes such use. If you are a foreign entrepreneur then there are additional restrictions that are applicable when forming a US LLC.
Your question is a very good one and the answer is somewhat complicated because the realtionship between Tuvalu and the new LLC needs to be clarified. I think it would be best if you consult with a business startup lawyer. I offer flat fee consultation and LLC formation services that are about the same price as online services but you get an attorney doing it!
Follow this link Review LLC Formation
Roman R. Fichman, Esq.
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