Q: If I want to start a private investing fund while overseas (SOFA), should I use a Securities lawyer from my home state?
I am a US military contractor interested in running a fund for less than 35 people. Florida resident but mainly live in Japan. I believe registering an LLC in Florida would possibly negate the overseas part of the question.
A:
Unless you want to try to create a Japanese company you are going to have to create the investment company in some state; right? So why not do it Florida where you say you are a resident?
FYI: The last time I looked Florida law recognizes "investment clubs" which look like something you might be interested in doing. Florida will require registration if any of the "investors" are Florida residents.
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