Company Formation in USA through Enterslice
Why start a
Business in USA??
What is the type of business entities in USA?
- The USA ranks 4th in the world for ease of doing business
- It allows 100% tax transparency
- Some of the lowest taxed states are Delaware, Texas and Nevada.
- Small Business Administration grants subsidized loans up to US $5 million and also guarantees at least 25% of government contracts to companies
- USA is the world’s biggest consumer of products and services.
- It is also one of the largest corporate finance markets.
What is the type of business entities in USA?
With Limited Liability Company (LLC)
- It is one of the most flexible structure under US corporate law as there is no requirement of minimum paid up share capital for incorporation
- Minimum 1 director and 1 shareholder is required for Company Formation in USA.
- It should have a registered office in the country
- The companies are more similar like an Public Limited Company
- Ideal for small businessman as it is not required to file corporate taxes
- It cannot have more than 100 shareholders and all must be US citizens
- It is required to have Board of Directors and mostly it is running on basis of shareholder agreement
- It is ideal for medium to large operations which involves a large investment or raising of capital
- It can issue shares to public and can also get venture funding from other countries as they are no restrictions for the same.
- The liability of the directors and shareholders are limited to the extent of their capital.
- Unlimited growth potential and there is no limit on shareholders
- US has 293 free zones
- It is ideal for trading firms as it has lower state or local taxes and it offers great transportation infrastructure
- Any business entity can be established in free zone
- Application for company name reservation with the concerned authority
- Deciding the share capital and corporate structure of the company proposed to be incorporated
- Draft and file your articles of Incorporation with the authority
- Situation of registered office of company and entering into lease agreement for the same
- Submission of all the incorporation documents with the authority
- The authority will verify the documents and if it is in order will approve the application
- Once approved it will provide the certificate of incorporation
- Opening of bank account
- Publication of Company details in Official Gazette and local newspaper in accordance with the company law
- US is the world 2nd largest manufacturing and distribution hub
- It has signed many trade agreements with various countries
- It has a large network of roads, railways, airports and ports which offers easy and cheap distribution of goods
- It is one of the largest start up hub for the entrepreneurs.
- It is the best place to start up a Tech firm in the silicon valley with has biggest companies like Google, Facebook, Apple, Intel and Yahoo
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