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Company Registration in USA
Company Registration
in USA
Why is USA considered ideal
for establishing companies?
USA is the hub of business and
companies and the world’s largest
economy.
Anyone who wants to expand their
business, can reap the benefits of
opening a company in USA.
It provides one of the most
accommodating turfs for businesses
to establish and flourish in the
States.
Why should Indians register a
company in the US?
Business laws and corporate laws are well
formed for foreign businesses to settle in.
Corporate income taxes are very low
making it feasible to establish a company.
States like Delaware, Nevada and Wyoming
have very accommodating taxation laws.
Some businesses have a consumer demand
from the non-resident Indians. Such
businesses require expansion to the USA.
Benefits Of Establishing
Company Is USA
Business Easy To Sell Low Income Tax
Friendly Laws Market Rates
Public
Accommodative Risk Protection Revelation Of
Laws In Some Of Personal Name Of
States Assets Directors Not
Required
Enhance The
Reputation Of Easy Access To
Your Company Capital Markets
Ways of forming a
Corporation in USA
I. Standalone Ways Of
Entities: A Forming A
corporation created Corporati
as a separate entity on
from the companies
that already exist in
US.
II. Subsidiary Entities: Standalo Subsidiar
A corporation formed ne
Entities y Entities
as an entity that is
wholly a subsidiary of
a company outside
USA.
Types of Companies that can
be setup in USA
There are primarily two types of
companies that can be established in
USA which are, Limited Liability
Company (LLC) and C-Corporation.
LLC is mostly preferred due to its
easy adaptability and easy taxation.
People prefer C-Corporation when
they want to start a new company or
if they want to start a public
company.
Advantages of LLC
Company
It offers great growth possibilities.
It poses lesser risk.
It has higher credibility for the
business that has been incorporated.
It has no limit to the number of
shareholders.
In case of an LLC Company, there is
no need to pay too many taxes.
Therefore, it is tax-efficient.
Advantages of C-
Corporation
Beneficial to foreign businesses.
It gives you multiple tax-planning
opportunities.
It provides free transferability of
shares which are offered by it.
No limit on the number of owners or
shareholders.
Profits are taxed at legal entity level.
Certificate
of
Incorporati
on
Application
Operating for
Agreement Employer
Document Identification Number
s for
Registrati
on
Share
certificate Member
for each Certificate
Shareholde for Each
r Member
Procedure for Company
Registration
1. Decide the business organization
which is right for you.
2. Decide the location for setting up
your company.
3. Register your company.
4. Apply for Employer Identification
Number.
5. Open a US Bank Account, specifically
a merchant account to be able to
accept payments from customers.
...contd.
6. Purchase business insurance.
7. Research about your tax liability.
8. Pay annual fees and any other fees
that may be required in the due
course of business.
9. Be sure about being in compliance
with the state or city laws where
your company is situated.
Conclusion
To conclude, we can say that
establishing a company in USA can
be highly beneficial for any person
who is a non-resident of USA, due to
the low taxes and the
accommodative laws of the nation.
However, one must also be careful
that he is not infringing any law or
rule of the country and if a person
works in the right manner, nobody
can stop him from reaching heights.
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