Want to set up a business in the U.S., but not sure where to start?
Digital Partner Michael Einbinder provides a comprehensive guide for non-U.S. residents and companies looking to start a business in the United States.
Covering essential steps and considerations, including:
- Entity Selection: The differences between forming a limited liability company (LLC) or a corporation, highlighting the flexibility and tax implications of each.
- State of Formation: Choosing the right state for forming a business, considering factors like formation costs, compliance obligations, and state-specific laws.
- Registered Agent: The role of a registered agent in handling legal, tax, and governmental notices, and the necessity for non-U.S. entities to appoint one.
- Taxpayer Identification Number (TIN): Details the process and importance of obtaining a TIN for tax purposes and compliance.
- Trade Name/Trademark: Selecting and registering a unique business name to establish a strong brand identity and avoid conflicts with existing trademarks.
The article emphasizes the need for thorough research and professional consultation to navigate the complexities of U.S. regulations and optimize business operations, read it in full here.