Quick Checklist
- A Certified Copy of Passport
- Existing Foreign Tax Id Number (Pan Card)
- Original Voter I’D and Driving License (Incase Certified Passport is not available)
Company Registration in USA
All you need to know
The USA is considered to be a world-class economy and first business hub. The US economy is nearly 20 trillion dollars which is nearly 14 times the size of the Indian economy. Hence, setting up a company in the USA gives global class benefit. Further being a developed nation, rules and regulations for Company Registration in USA are much regularized, and corporate tax rates are much lower.
There are two types of companies that Indians may register in the USA. One is C- Corporation and the other is LLC.
C- Corporation (closely held corporation):
- C-Corporations are an independent legal entity separate from the people who own, control and manage it.
- Due to this recognition as an individual entity, it is viewed as a legal “person” in the view of tax laws.
- It can be engaged in business and contracts, can initiate lawsuits and itself be sued.
LLC (Limited Liability Corporation):
- LLC is a type of entity that has features of both a Corporation and a Partnership.
- LLC provides the owners with limited liability protection in case of a lawsuit or bankruptcy.
- LLCs are also operationally flexible and the compliance requirements for a LLC are simple.
Type of business:
Considering the most options, companies are set up in America to address three situations of business opportunities:
- The company would be set up in the USA, but the operation would be carried out in India.
- The company is set up in the USA for marketing and brand building exercise and the rest of operation is carried out in India.
- The company would be a subsidiary of an Indian business firm, but would conduct full -fledged operations in the USA.
Before registering your company two decisions need to be made: first you need to choose what state you want your company registered in, and second you need to decide on what type of legal entity this company will be organized as (typically a choice between a corporation and an LLC – limited liability company).
Why should you choose caagrawalkanhere as your service provider for Company formation in the USA?
caagrawalkanhere is a group of intellectuals. The entire team of caagrawalkanhere consists of Highly qualified CA, CS, Lawyers and business administrators. caagrawalkanhere runs its operations all over the world seamlessly. caagrawalkanhere will be one stop solution for your Company formation in the USA. We provide a number of services which are required not only for starting a business but also for running the business successfully without any default or mistakes. In India we provide services like Start up advisory, Secretarial compliance services, Private Limited Company registration services, PAN / TAN application, DIN registration, GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 07552761432 or email info@caagrawalkanhere.com for free query and to know more about the services provided by us.
Benefits of Starting a Company in the USA
Points to make your decision easy
New Markets
All 50 states in the USA are interested in increasing the business environment and many cities encourage them to invest in their communities. Hence you can have virtually unlimited choices for where to set up your business and can choose a geographical and climate zone that suits you.
Law and Regulations
Businesses in the USA are treated the same, whether foreign or domestically owned. This gives you the benefit of all the laws relevant to acquiring a business or transferring capital. It puts you on an equal standing with your opponent if there is ever a business dispute. The laws & regulations are the same for all businesses.
Low Corporate Tax
Many states and some cities in the USA offer financial incentives to foreign investors who will establish their business in a specific location. Some incentives are in the form of tax credits and the country has recently lowered commercial real estate taxes for foreign investors. Also, corporate tax rates are much lower.
Skilled Man Power
No matter what your business in the USA is, you will find hundreds of skilled workers just waiting for the opportunity you can offer them when you begin hiring workers for your new business. As there are community colleges and technical schools all committed to training students to enter the workforce at all levels.
Business Hub
The USA is worldwide known as a great business hub. Every day foreign nationals are willing to set up US business from larger enterprises to a small startup. The effective way to enlarge business all over the world is to register in the US marketplace key success factors for businesses around the world.
Techno Friendly
Access to advanced technology, which the U.S. is known for, increases the desirability of the U.S. as a place to do business. Many foreign investors are starting companies in the U.S. just to have access to advanced technological innovations which will enhance their business production and world -wide communication.
Documents required for company registration in the USA
How to register a company in the USA?
Company Registration in the USA Process in 5 steps
1
Fill in the simple check list
2
Registration of Business name
3
Filing of AOA
4
Sales Tax permit
5
Federal Identification number
Fill Simple Checklist
The first step towards the Company Formation in the USA is to fill in a simple checklist with the details and documents required for company registration. Our compliance manager will verify the details. Also we will check the name availability for your company and register the same. Once the name is registered we will proceed with the next step.
Prepare AOA
Once the name is registered we will prepare the AOA. These documents formalize how the company will run. They need to be signed by the company director(s), shareholder(s) and secretary before you register for a company in the USA. Throughout the process our compliance manager will keep you updated with the process of company registration.
Tax Id & Permission
Once we have prepared the AOA for your company, we will apply for the Employer Identification Number (EIN) from the USA. Also we will apply for the Sales Tax Permit or vendor’s license which is a priority requirement to sell the products which are easily available from the state or local government. We will inform you once your company is registered in the USA.
FAQs On Company Registration in USA
Get answers to all your queries
The US greets founders from most of the countries without any difference on the ground whether they are US citizens or foreigners. Laws for business establishment, taxation & other corporate agreements are equal for everyone in the USA.
Yes, it is compulsory to open a bank account in the USA as well as the in-home country in case you want to make transactions or receive money from the USA. It is always advisable to open an account of a bank which has branches in the home country.
EIN is Employer identification number or US internal revenue services generate a tax ID number. Employer identification number (EIN) is a unique identification number allotted to a company incorporated, which is essential for post-registration procedure or taxation purpose.
Only one person is needed to open a company either LLC or Corporation (Inc) in the USA.
There is no minimum deposit required to open a bank account with Silicon Valley Bank.
Reviews
Vaishali Sharma
The service was excellent and fabulous did great jobs CA Agrawals Kanhere. I thank entire team for the quick incorporation
