Not a lawyer but AFAIK: - if you've a foreign shareholder you need a C-corp (to be honest, you'd want a C-corp anyway, you can't reinvest profits in a LLC) - you need to account federal taxes @21% - you don't incorporate an S-corp, you need to have an LLC of a C-corp and then you file to become an S-corp, which basically gives you tax free dividends at the expense of not being able to reinvest profits

There are much better tax deals to be had outside the states if you're trying to elude (the legal one, not evade) your country's high taxation.