The US Federal Reserve has confirmed in its Main Street Loans frequently-asked-questions-faqs about the Main Street lending program (the “FAQ”) that US subsidiaries of foreign companies can be eligible borrowers under the...more
6/16/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Reserve ,
Foreign Corporations ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
Main Street Priority Loan Facility ,
Paycheck Protection Program (PPP) ,
Subsidiaries ,
Term Sheets
An entity operating in the U.S. needs a U.S. Federal employer identification numbers (“EIN”) in order to open a bank account in the United States, act as an employer, file a tax return and complete certain other corporate...more
French investments in the U.S. vary largely in terms of scale and nature, but whatever it is a small French startup only creating an even smaller U.S. subsidiary or a large French corporation acquiring and restructuring an...more
7/6/2018
/ Bank Accounts ,
Banks ,
Cross-Border Transactions ,
Employer Identification Number (EIN) ,
Foreign Corporations ,
Foreign Investment ,
IRS ,
Limited Liability Company (LLC) ,
Partnerships ,
Responsible Party ,
Social Security Numbers