Foreign Company US RaaS: Compliance & Setup Guide

The question in full

The question, Can my company be incorporated outside the United States, even though the RaaS we want is from the US? is a critical one for global founders. The answer is 'Yes,' but it requires a 'Foreign Company US RaaS' strategy. Even with a foreign HQ (e.g., London, Dubai, or Singapore), if you serve US customers via American rails, you must register with FinCEN as a 'Foreign Located MSB.

Answer

You can be incorporated anywhere in the world. You don’t necessarily have to be incorporated in the geography from where you are seeking license umbrella coverage. Though it helps to make things a lot easier if you are incorporated in the same country, but it is not mandatory.

Can my company be incorporated outside the United States, even though the RaaS we want is from the US?

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