Can a foreign parent company own an American subsidiary company?

[casamareste]

I own a foreign Foundation, and would like to open an American subsidiary "LLC". I was thinking of having the subsidiary in las vegas, nevada or Florida.<br />
<br />
a. Can my foreign company (as the parent company) be the "owner' or "director" of the American subsidiary, instead of me/a person and open a bank account, obtaining an Itin number?<br />
<br />
B. If my company is doing sales worldwide and advertising thru the internet for the goods sold by my foreign parent company "This is an Ecommerce site", and final sales are done by my foreign company is this a problem?<br />

 

[seorchipotle]

yes, just recently inBev purchased anheiser-busch. its entirely possible. and coca cola own lots of subsidiaries throughout the world.

 

[brilliantman_i]

yes, it's possible