HOW TO SET UP A US COMPANY AS A NON-RESIDENT

As a non-resident looking to set up a US company, you have even more steps to go through than a US resident and more downside if you make a mistake.

Startup Payments Processing In USA
For example, there are more income tax issues for non-residents who want to take their income from the US. Obtaining an appropriate US work visa and opening a bank account are also problems. Each of these topics is very complicated. In short, you have to create a workable business model and make it work within the US tax, legal and economic framework.

How to Set Cooperation Setup In USA
Starting a Cooperation Setup In USA involves planning, making financial decisions, doing market research, and acquiring knowledge in areas you never thought you would learn about before. The steps outlined below describe the critical steps that must be addressed before a business can be launched.

1- Determine the Company Setup In USA
Determine what exactly you want to do, where and how you want to do it, how much it will cost, and whether or not you have the budget. Whether you will need to obtain any special licenses for your service or product, it starts from professional services to specialized products to restricted services. Many businesses require licenses or permits to trade. Once you know which state or states you will operate your business in, you can check with that state’s government to determine what licenses or permits may be required for your company’s activities.

Your need for visas or other immigration needs.
If you plan to conduct within the US, someone will have to manage it. While you can hire Americans to do the work, you will probably want to maintain oversight, if not active leadership. The more time plans to spend in the US, the more you will need to know about business visas. Your need for staffing for the business. This will affect your budget, your need for office space, and your knowledge of US federal, state, and local employment laws.

Your need for marketing, supply chain, and other support services.
Are there any tax incentives available, and what options are available to minimize your tax burden? Free business planning templates are available from SCORE (Service Core of Retired Executives). As an alternative, you can use the lean canvas designed to organize the strategy for a startup business. It’s free for 30 days and very useful. (We are not related to either site in any way).

Where to establish Company Setup In USA
Choosing a business location is perhaps the most critical decision, and once you are committed to a choice, it is expensive to change. Each of the 50 United States has its business regulations and tax schedules. The location you choose should fulfill business objectives in the most cost-effective way. At the outset, a company needs to identify the key drivers in the location choice. Some of the factors to consider are:
  ● Demographics of your customer and/or staff
  ● Requirements of your supply chain
  ● Local competition
  ● Overhead costs including
  ● Labor
  ● Property purchase or rental
  ● Utilities
  ● Corporate Taxes
  ● Incentive
  ● State and local laws, regulations, and taxes
  ● Quality considerations include, but are not limited to:
  ● Labor skill levels
  ● Labor flexibility (union/non-union, seasonality)
  ● Connectivity
  ● Infrastructure
  ● Risk
  ● Quality of Life

2- Planning to Have a Smooth Startup Payments Processing In USA
In the Company Planning Stage, you will determine such practical matters as:
Choose the name of the company
Whether to be a corporation or a limited liability company
Which state to incorporate in and which states to register in
Determine the capitalization of the company (how many shares at what par value, and how much each shareholder will contribute to the company as their capital contribution
Determine who will be the shareholders, officers, and directors
Determine the roles and responsibilities of the company’s officers and directors

3- Initiate Cooperation Setup In the USA
These are the steps to start your new US business as a non-resident
  ● Provide the necessary documents for due diligence
  ● Form the company by filing the incorporation documents with the state filing office and following up with any other required formation procedures for this state. Every state is different in its requirements.
  ● Register the company in other states as needed
  ● Hold the organizational meeting, appoint the officers and directors, issue shares to the shareholders, and take other necessary actions.
  ● Obtain the federal Employer Identification Number
  ● Prepare and file BE-13 Survey with US Bureau of Economic Statistics
  ● Open your bank account

How to Make this All Done?
From selecting effective payment solutions to registering the bank and starting your Company Setup In the USA -we’re here to wheel up your business. At MSK solutions, we are committed to doing the right thing and following sound but effective business practices to help clients start and expand their businesses. We also consider ourselves good corporate citizens and consistently share our successes with the community to help everyone grow