NEW COMPANY FORMATION
When starting a business in the US, it is important to understand all the pros and cons of the form of business that you plan to manage. At the initial stage, you need to understand the nuances of taxation, liability and the amount of documentation and reporting that will need to be followed.
NEW COMPANY FORMATION
When starting a business in the US, it is important to understand all the pros and cons of the form of business that you plan to manage. At the initial stage, you need to understand the nuances of taxation, liability and the amount of documentation and reporting that will need to be followed.
LLC
PECULIARITIES
1. Suitable for small businesses that plan to grow at their own expense.
2. LLCs that do not change their status to a corporation, but remain a disregarded entity, are required to withhold income tax in the amount of up to 37% of the effectively connected income, depending on the amount of income. Exactly: less 9.950$ - 10%, 9.950$-40.525$ - 12%, 40.525$-86.375$ - 22%, 86.375$ - 164.925$ - 24%, 164.925$ - 209.425$ - 32%, above $ 209.425 - 35% and up to 37%.
CORPORATION
PECULIARITIES
1. It is much easier to attract large investors to a corporation.
2. Higher documentation and reporting requirements than an LLC. Corporations pay federal income tax of 21% plus state tax. Therefore, it is important to decide to which state you will register the company. For example, there is no income tax in Wyoming.
ADVANTAGES OF US-REGISTERED COMPANIES
1. Easy access to domestic and foreign markets of almost any country. Possibility of opening branches and representative offices.
2. Political stability of the country.
3. Favorable financing conditions in US banks.
4. Inviolability of an account, opened in a financial institution.
5. An independent judicial system that makes fair decisions.
6. Simplified document management system.
7. No need to have a stamp, electronic document management.
Providing professional assistance in formation companies in any state of the USA, our specialists will independently prepare documents, submit an application for registration of an organization and tax registration with the IRS.
PROCESS
1 step
Choosing the optimal legal form of business organization
2 step
Comprehensive company registration at the Secretariat of State
3 step
Registration of a taxpayer number
4 step
Opening a commercial bank account
5 step
Choosing the Right Accounting Support
Well done!
Our company's experts will help you choose the right form of business, structure, registration form, issue all the necessary documentation to open a business, as well as choose the right tax accounting system suitable for your company.
By clicking the "Submit" button, you consent to the processing of your personal data.