Guide to Starting a Business In the U.S. As a Foreigner

Posted by gopipatel on December 4th, 2020

Pick a company structure.

The first thing to do is choose a company structure, and within the US, there are several options depending on the type of company you’re running. A C corporation is a common choice because the company is liable if issues cause bankruptcy, rather than the individual, which offers some protection.

The income that a C corporation makes is taxed twice, though, once at the corporate level and again through shareholder dividends, but this can be minimized by using a tax preparer for pensions, salaries, and expenses.

To find out more about taxation and the benefits of different business entities, check out https://taxfyle.com.

Decide on a state to register the company in.

The main decider of what state a company should be registered in is the primary location of trade. If there’s a particular state where most products are sold or services are provided, this should be the state you incorporate.

Most advisors recommend Delaware for Nevada as the best state to register in for companies that don’t do business in one country.

https://www.justwebworld.com/starting-business-in-the-us-as-foreigner/