Company Formation in USA – SK Patodia

ADVANTAGES OF COMPANY FORMATION IN USA

Company registration in USA is profitable as it is home to more than 331 million people from diverse ethnic and cultural backgrounds and offers a unique culture for growth. Additionally, it has a lucrative and open consumer market. USA in the past decade has sucessfully retained the throne, being the largest single recepient of FDI throughtout the Decade. It is a nation of immigrants from diverse religions, cultures, ethnicities and races. Following are the advantages of company formation in the USA.

  • Companies that operate in the USA tend to grow more rapidly

  • Doing business in the international market allows an organisation to enhance the quality of their product. Moreover, it enables them to achieve competitive benefits

  • The key aspect of how to start a company in the USA is readily available across diverse sectors along with its highest per capita income

  • This region offers futuristic infrastructure and a host of appropriate technologies to new and emerging businesses

  • Due to its cost effectiveness and high-quality features, the USA has yielded some of the best premium ventures and profitable businesses

  • The United States has entered into tax agreements for the primary purpose of eliminating double taxation

  • The renowned concept “time is money” is taken very seriously in the US. Punctuality, speed and accuracy are an essential part of American business etiquette and deadlines are strictly adhered here

REQUIREMENT TO OPEN A COMPANY

BASIC REQUIREMENTS

  • Minimum 1 Shareholder (any nationality).
  • Minimum 1 Director (any nationality. It is imperative to note that generally the shareholder himself/herself can be the director).
  • No minimum capital requirement (Generally a LLC/ Inc. can be formed without Capital or 1USD Capital however the capital requirement may vary depending upon the state and the activities the proposed LLC/ Inc. will be engaged into.).
  • Local Registered Agent (In most states you, yourself or your friend/relative can be the registered agent if the person is above 18 years of age and has a proper street address in the that particular state which is operational during business hours).

DOCUMENTS REQUIRED

For Individual Shareholder and Proposed Director:

  • Copy of passport.

For Corporate Sharehoder:

  • Copy of Certificate of Incorporation, MoA, AoA and PAN Card.
  • List of 3 proposed names.

OUR SERVICES

Incorporation Services:

  • Preparing the relevant documents and incorporating the company
  • Registered Agent Service
  • Assistance in obtaining EIN (Employer's Identification No.)
  • Assistance in Bank account opening for the company

Compliance Services:

  • Provision of Registered Office Address
  • Accounting and bookkeeping
  • Filing Annual Report and Tax returns
  • Payroll compliances

TIME PERIOD

It takes approximately 6 days for company formation the US.
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