The decision to open your company gives you more freedom because the earnings ceiling depends only on your efforts. However, starting a business requires paperwork, and potential entrepreneurs are often scared away by the possible difficulties. This article will discuss the specifics of this procedure in the United States so you know what to expect.

Advantages of Opening LCC in America

Let's figure out what opening an LLC gives and how entrepreneurship in the USA is beneficial. We can name several advantages:
● According to global statistics, the United States is in the lead regarding loyalty conditions and the number of support programs for small businesses.
● The states have high guarantees for the safety of funds and property, including for non-residents.
● A newly minted businessman has a greater chance of finding investors thanks to the high level of trust in American companies on the global market.
● A relatively simple and quick registration form that foreigners can complete via the Internet while in their country.
● Americans part with money much more quickly; they are ready to experiment and value originality, which allows them to bring to life and make profitable even seemingly crazy ideas.
● Business in America is prestigious, which is also essential.

What State to Choose

Even though America has a single Constitution, each state sets its requirements for applicants to become entrepreneurs, so which one is better to open a business in? It is a controversial question; you must consider several nuances when choosing a "field" for an activity. Evaluate the competition in each area depending on what you plan to do and take into account personal characteristics. For example:
● In California, registering a company is more expensive, there are more delays, and tax rates are not low. Still, the chances of finding investors are the highest in the USA, so starting certain types of business there is better.
● There is an opinion that registering IT companies in the state of Delaware is worth it due to preferential tax conditions. However, by saving on taxes, you can run into difficulties finding clients since Americans consider businessmen from Delaware to be greedy and unreliable.
● There is no income tax in Florida, which is beneficial for starting individual entrepreneurs, so it ranks second among American states in terms of the frequency of starting a business and what kind of business needs to be assessed here - supply and demand must be evaluated. Nevada is in the first place. It has the best economic factors for starting a new business for a non-resident; a little further in our improvised ranking are Wyoming, Texas, and Alaska, although the latter is suitable only for those not afraid of the cold.
● Virginia has a wealth of qualified professionals in any field, allowing you to select an excellent team of workers. Still, bringing a company to a high level in this state is challenging.

● Missouri is in 5th place in the number of business startups. One of the decisive reasons is the low cost of housing.
● Illinois has the highest per capita GDP and one of the country's lowest living expenses, making it easy to recruit workers quickly.
You should not start a business in the states of Hawaii, Maine, Arkansas, Vermont, and Wisconsin, as more companies are closing than opening due to unattractive economic conditions and harsh requirements.

How to Register an LLC

Rules and tax rates vary from state to state. At this link, you can read about the specifics of registering a business in Pennsylvania. . In short, the process is like this:
● check if the name is free
● select state;
● check on the state website to see if the company name is available;
● hire a registered agent for mail, more on that later;
● submit a certificate of incorporation by email - something like a company passport;
● pay the fee;
● receive an electronic certificate with a stamp.
The certificate arrives by email. You can order a paper certificate, but no one has used this option for many years.
There are no requirements for the founder or verification of the company before registration. The only restriction is that the name you chose must be free. If the name is taken, you need to come up with another one—change it or add a word at the end.

Agent
Before registering, a company must hire a registered agent. It is the person to whom state authorities, and those who want to sue the company can send official letters. If the agent receives the letter, it is considered delivered to the company.

Bank Account
In recent years, the requirements of American banks have been gradually tightened as part of the fight against terrorism, making it more challenging to open accounts. To open a bank account, you will need:
● physical address of the company in the USA;
● company tax identification number;
● personal visit to a bank branch.
Most often, banks ask for an SNN.
The company must have an address. If the client indicates the registered agent's address for the bank, this means that the company does not exist, and they will not open an account for it. The bank needs a physical address, which is not listed in the register of postal providers.

Conclusion

As you can see, registering an LLC is not tricky. Moreover, you can always seek help from specialists who know the process well and can help with paperwork. Paying attention to the documents is essential because the slightest mistake can lead to dire consequences. In addition, you need to consider the rules of a specific state and the specifics of your business.

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