We’ve already discussed limited liability companies (LLCs), but that’s not the only business entity you can open as a foreign national. You’re also able to form a C corporation, which is not eligible for “pass-through” taxation like an LLC, but instead pays tax on profits as an entity while you also pay taxes as an individual for-profit received as dividends. There are benefits to a C corporation too though, primarily the varying types of stock interests owners can hold, which can lead to higher dividends if your company makes a profit.