If you are interested in a US corporation, you can benefit from support and assistance from our local specialists. With the help of our company formation agents in USA, you can understand what the formalities are for this business structure and what you need to consider to be able to start the desired activities in the shortest possible time.
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Types of US corporations
For company formation in USA you can choose from the 3 types of existing corporations. Let’s list some details about them:
- A C corporation is one of the preferred business structures because it is traditional. Also, many businesses are found under this structure, where corporate income tax is paid. You can apply for venture capital or even become a public company at some point.
- S corporation is different from a C corporation in terms of taxes. This structure is not subject to corporate income tax, but the shareholders must pay their share of income tax depending on the company’s profits. There is a limit of 100 shareholders to form an S corporation. You can learn more about the corporation in USA from one of our local agents.
- There is also the B corporation option, but it is not as widely used as the above. In addition to the already established target when it comes to profits, this structure must also report other aspects, for example how they are proceeding with their social mission.
We invite you to talk to one of our experts if you want more information about the USA company formation. On the other hand, you can find out how to start a company in Delaware or any other American state of interest to you.
How to register a US corporation
Below are some steps for registering a corporation in USA:
- The US corporation must have a name, and this is chosen before registration. Its verification is mandatory.
- A corporation in USA must have directors. The shareholders are the ones who normally name them, as well as their number.
- The Articles of Incorporation are the main documents of the company. These must comprise information about the name of the US corporation, shareholders, place of business, activities, purposes, etc. You will need a representative agent for your US corporation.
- You must bear in mind that in certain American states, corporate bylaws are needed for the corporation in USA to be recognized.
- At the time of registration, the first meeting of the board of directors of a corporation in USA is also required.
- You have the option of drawing up a shareholder’s agreement. This is not mandatory but is recommended for US corporations.
- EIN or Employer Identification Number is the next thing to take into account for corporations in USA. This is the tax number assigned to your company by the IRS (Internal Revenue Service).
- It is necessary to obtain business permits before starting activities with the US corporation. We remind you of our support in this sense when you want to set up a business in USA.
- You will also need an accounting firm for the US corporation.
Why open a business in the USA?
The USA is the most important financial center and home to a multitude of successful local and foreign companies, developed in the best and most appreciated conditions. Here are some statistical data about the US economy:
- The third quarter of 2022 recorded a GDP of approximately USD 25.66 trillion.
- In 2021, gross national income was about USD 23.4 trillion.
We recommend those interested in corporations in USA contact our team of specialists. We are here to help you if you want to open a branch in USA.