Company Registration in USA
Company Registration in USA
Company Registration in USA
The USA is considered to be a world-class economy and first business hub. The US economy is nearly 20 trillion dollars which is nearly 14 times the size of the Indian economy. Hence, setting up a company in
the USA gives global class benefit. Further being a developed nation, rules and regulations for Company Registration in USA are much regularized, and corporate tax rates are much lower.
There are two types of companies that Indians may register in the USA. One is C- Corporation and the other is LLC.
C- Corporation (closely held corporation):
★ C-Corporations are an independent legal entity separate from the people who own, control and manage it.
★ Due to this recognition as an individual entity, it is viewed as a legal “person” in the view of tax laws.
★ It can be engaged in business and contracts, can initiate lawsuits and itself be sued.
LLC (Limited Liability Corporation):
★ LLC is a type of entity that has features of both a Corporation and a Partnership.
★ LLC provides the owners with limited liability protection in case of a lawsuit or bankruptcy.
★ LLCs are also operationally flexible and the compliance requirements for a LLC are simple.
Required Documents:
★ A Certified Copy of Passport
★ Existing Foreign Tax Id Number (Pan Card)
★ Original Voter I’D and Driving License (Incase Certified Passport is not available)