United States entity

United States entity

United States entity is a designation given to some entities (firms, etc.), e.g. for International Traffic in Arms Regulations purposes.

For purposes of the preceding paragraph, a U.S. entity is a firm incorporated in the United States (or an unincorporated U.S. firm with its principal place of business in the United States) that is controlled by U.S. citizens or by another U.S. entity. An entity is not a U.S. entity if 50 percent plus one share of its stock (if a corporation, or a similar ownership interest of an unincorporated entity) is controlled, directly or indirectly, by non-U.S. citizens or non-U.S. entities. If the member is to represent an entity or corporation with 10 percent or greater non-U.S. ownership, the nominee must demonstrate at the time of nomination that this ownership interest does not constitute control and will not adversely affect his or her ability to serve as a trade advisory to the United States (see Nominations below) — [http://www.ita.doc.gov/itac//become_an_advisor/becomeanadvisor.asp]

ee also

* United States person

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