Company Incorporation In The USA
Starting a business in the USA is a challenging yet exciting proposition. Get a US Visa for work, an Employer Identification Number (EIN), and open a bank account there to start your own business.
Documents Required from Directors, Shareholders
- Pan Card Copy (Mandatory)
- ID Proof (Any one) – Driving License/ Voter ID/ Passport Copy/ Aadhaar Card
- Address Proof – Latest Bank Statement/ Latest Telephone or Mobile Bill/ Latest Electricity Bill.(MUST be less than 30 days old)
- Passport Size Photograph
Documents Required for Registered Office Address
- NOC – No Objection Certificate from the Owner of the Property
- Address Proof – Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)
How To Incorporate A Business In The USA?
Incorporating a Company in the USA is quick, easy, and can be done online with Efinac in 3 simple steps:
Step 1
Step 2
Step 3
Register a Company in the USA from India- Overview
For Indian companies that are looking to grow or have a non-resident Indian customer demand, there is a great chance to enjoy the several benefits of the U.S. corporate registration which is one of the most common ways to start a business.
Setting up a US company for your business is now easier than ever as the United States of America harbouring a multicultural population has a large number of English talking populace and is largely open to foreign businesses owing to its diversity. Dominant as the world’s top superpower with an economy that is fourteen times larger than India, it provides one of the most accommodating turfs for Indian businesses to easily flourish.
Therefore, as a non-resident pursuing US Incorporation, one is required to follow all the regular US business protocols just like a resident, with just a few additional steps.
Why USA company registration is beneficial to Indian Businesses?
As business laws and regulations are well-formed and corporate income tax rates are really low, it is extremely favourable for foreign businesses to efficiently thrive.
However, every state in the US is governed by its state laws and regulations which vastly differs from one another. If your business is largely dependent on one particular state and its demand for your services, it is wise to Incorporate your business thereby acquiring a Foreign Qualification Certificate. Nevertheless, Delaware, Wyoming and Nevada, in particular, provide the most complimenting business and taxation laws which makes it mainstream for companies to incorporate. In particular, Delaware is said to have no state sales tax and the state’s franchise tax for small US businesses is very meagre. Additionally, there is no need for non-residents to pay separate corporate income tax in Delaware.
Difference between LLC and C Corp
Following are the documents that must be submitted in any of the languages Dutch, English, German or French:
| LLC | C Corp |
|---|---|
| The owners are the members | The owners here are the Shareholders |
| Appropriate for small-scale businesses with limited shareholders | Apt for middle-size to substantially sizeable businesses with many shareholders |
| Members can set up the structure as they choose and manage | Shareholders elect directors who manage business movements |
| Members are not held liable in an LLC | Shareholders are not held liable in a C corp |
| Depending on the limitations of the operating agreement, transferability is planned | Here the stock of shares can be transferred easily |
| In general, stakeholders from outside don’t prefer an LLC because they are structured to operate as partnerships mostly | Foreign investors prefer C corp because they contain stocks, which is distributed among the shareholders |
What Are The Details And Documents Required For Us Incorporation?
- Company Name
- Business Type
- Registered business physical US address
- Registered Agent:(Y/N) (This is provided for, if you have another address, please mention)
- Name of business partner(s)
- Addresses of business partner(s)
- Ownership: (%)
Efinac Us Incorporation Package Includes
- Name Check & Approval
- Preparation & Filing of Article of Association
- Registered agent service (One year)
- Issuance of Certificate of Association
- Federal employer Identification Number (EIN)
FAQ
Yes. A company that is pursuing US Incorporation has no obligation to have its headquarters in Delaware nor to have any business operations there.
It’s good to have a company seal. You may use your company seal on employment & vendor contracts, minutes of meetings, loan documents, etc. We help you get a Corporate Seal. Submit all the necessary documents and your seal will be made.
No, not necessarily. Actually, Efinac assists with several professionals (lawyers, domain experts, and others) during the US Incorporation process and at a very reasonable cost. For more information get in touch with our legal experts.
To start a corporate bank account for your business you will need to produce Articles of Incorporation, Federal employer Identification Number (EIN), operating agreement, US business A copy of Passport, A Letter of Good Standing. For more information, our legal consultants will give you expert guidance free of cost.
Commonly, it is a corporation or a limited liability company (LLC).
An LLC is more flexible in operating and has less number of corporate rules when compared to an S corporation. For example, an S corporation cannot have more than 100 stockholders and must conduct an annual meeting of stockholders. However, owners of an S corporation may be subject to fewer taxes than LLC owners.
To review means to look back over something for evaluation or memory.
