Establish a U.S. Entity
Having a legal entity in the USA to support your foreign country business efforts can represent large savings – monetary or in time. Establishing this legal entity from abroad can prove challenging, but we can represent you and allow you to perform these and other functions:
Creating your legal entity is not in itself costly or challenging – you can find do it yourself services online where the cost will be around $350- $500, all you have to do is search for “incorporate” or “create LLC”. However, these services are just going to help you with the transactional aspect of the company creation, they are not attorneys nor Certified Public Accountants and as such will not help you answer the questions:
We are Certified Public Accountants and a corporate law attorney and can help you create your US legal entity in a manner that will allow you to best reach your business objectives. In order to do this, we must analyze your business and objectives; such analysis is prepared by Certified Public Accountants and corroborated by an attorney with ample experience in corporate law.
Learn more about us, or Contact us to learn more about our fees.
THINGS TO THINK ABOUT BEFORE CHOOSING THE FORMATION OF YOUR BUSINESS:
Beware of the different tax difference with all entities. There are advantages and disadvantages in different formation of business. You need to know the taxation for each formation so you can avoid double taxation and other unwanted consequences let us assist you with the formation of your business. Let our x years of expertise in corporate taxation help you with the formation of your business.
A Sole proprietorship, General Partnership, Limited Liability company, and Corporation vary in filing fees, Tax liabilities, and other set up cost.
Some business entities are limited to the number of Shareholders. This can limit your room for expansion.
Review the requirement of all entities procedures for keeping records, distribution, fiscal responsibilities and process of raising funds.
The risks and protections are form minimal protections to extensive for these different entities. Putting the liability directly on you will maximize the risk and may devastate you financially in business as in personal side.
As a business entity you may be required to obtain a business license, permit or register with the appropriate state in order to be in compliance. The way your form, structure and operate your business in one state may not be accepted in other states; and if you do not comply with individual state laws, you will lose your business rights.
Businesses are faced with a variety of contracts. Before entering into a financial commitment for leasing office space, warehouse, services, supplies, be sure it will fill your business needs currently and the foreseeable future. Entering into partnership and by-sell agreements can be very complicated.
Your business entity can dictate the manner in which the business is operated. Choosing the wrong entity may make you personally liable for the wrong doings of employees and partners.