I am an foreign national (H1B visa holder) trying to incorporate my startup in US. One of the co-founder is US citizen and I am thinking of incorporating with US citizen as CEO while I stay on board as a passive investor. My lawyer said that this option will work out. However the citizen co-founder already has a LLC registered on her name and I was wondering if its possible to incorporate as a subsidiary company of this existing LLC. I wanted to know your opinion on incorporating as Delaware C corp vs subsidiary company of an existing LLC.
First of all, Is this a good option compared to Delaware C corp?
If yes, What is the minimum amount of equity must the parent company hold ?
Does subsidiary company (me) in this case should also be incorporated as LLC or can we still incorporate as Delaware C corp ?
Does parent company pay taxes for subsidiary as well? Or do they pay taxes separately ?
Does subsidiary get same EIN (Employer Identification Number) as parent company ?
Approximately how much tax do we have to pay each year in case of Delaware C corp vs. subsidiary ?