Registering Your Company In The U.S.

Many international entrepreneurs are looking to create or expand their business into the U.S. market. MyUSACorporation Europe specializes in helping those entrepreneurs, and we would like to present you with several ideas to consider first.

What Documents Are Needed?

First of all, to register a company in the U.S. you don't need to present any documents - only information. Documents would be necessary in case you want a US address or need to open a bank account, but not for company registration.

Do I Need To Be In The U.S. To Open My Company?

Not at all. All filings can be done remotely, with us serving as your proxy in the U.S. In almost all cases when we need a signature from our clients this can be done electronically.

Choice of State

If you plan to buy real estate property, or open a "brick and mortar" store in the U.S. it is recommended to form your company in the state where this property or store is physically located.

Majority of our clients choose either Delaware or Wyoming, due to more expensive fees in Nevada. You can see the comparison between those 3 states here: DE vs. NV vs. WY.

Choice of Entity

Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing.

You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation also Which Business Entity Is Right For Me?.

Restrictions and Things to Consider

First of all, as a foreigner you are not required to have Social Security Number to open your company and obtain EIN (company tax ID). You also don’t need to have a U.S. address or phone number, however if you like to have U.S. address and/or phone it’s possible to obtain them from specializing vendors (see phone vendors here, and our U.S. address solutions here).

Banking in the US is a more complicated topic. There are some companies on the internet that promise international clients help in opening a bank account remotely, but we warn our clients to be careful with those who claim they can help that way. To learn more about banking in the U.S., associated problems, and possible solutions please read our article "Opening a Bank Account in the United States".

Drop-shipping is a very popular modern business concept, and U.S.-based drop-shipping businesses became the driving force of the "location-independent entrepreneur" phenomenon. Much has been written on the mechanics of the drop-shipping business itself, so this article will only cover the aspect of U.S. company registration, taxation, banking, and other related business filings: U.S. Company Registration for a Drop-Shipping Business.

Finally, international clients would need help filing their U.S. company taxes. We addressed this issue in our article U.S. Taxation for Foreign Entrepreneurs.

So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat. Read our article One Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It).

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MyUSACorporation is your reliable partner since 2009.

Created: 1/29/2019 1:17:05 AM

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MyUSACorporation

How to start a business in the US remotely

An accomplished executive with over 22 years of experience driving business growth and international market development. As a highly successful CEO and Managing Director, I have consistently delivered exceptional results for leading companies. My proven expertise includes spearheading business expansion across Ukrainian, European, and North American markets, achieving over 200% growth in sales within competitive environments.

Recognized as a motivational and influential leader, I excel in guiding teams to achieve ambitious goals and meet challenging sales targets. I am skilled at building and maintaining lasting relationships, using my proficiency in Ukrainian, English, and Russian to communicate with clarity and diplomacy.

As the owner of an exclusive franchise for company registration and business services in the United States, I was responsible for developing and successfully implementing comprehensive strategies to drive global business growth. These strategies enabled me to reclaim market share from competitors and attract a substantial number of new clients from around the world. To achieve these goals, I effectively leveraged the resources and expertise of four companies located in the USA, the UK, Estonia, and Ukraine.

I conducted in-depth research into the services, business models, and strategies employed by competitors, identifying opportunities to enhance my offerings. By presenting prospective clients with tailored solutions that combined the best practices and most competitive advantages in the industry, I established a strong value proposition that set my services apart in the marketplace.

At TOPUS, our team's strategic approach in business management has led to an impressive 500% revenue increase and a 30% cut in expenses. Our commitment to fostering an open, transparent, and accountable company culture has been instrumental in achieving these results. The strategies we've developed and implemented have not only increased growth by 200% in the year 2022 but have also guided the transformation of underperforming departments. 

With an unwavering focus on new business development, my leadership at TOPUS has resulted in significant international market expansion and the establishment of enduring customer relationships. Through executive leadership and employee training, we've established both short-term and long-term financial and expansion goals, steering the company towards a steadfast presence in diverse markets. These experiences underscore my dedication to driving strategic initiatives and organizational excellence in competitive landscapes.

How to start a business in the US remotely

Lex Parkhomenko