https://www.spreaker.com/show/myusacorporation-europe
When we founded the company early in 2009 our goal was simple - to make it easier for our fellow entrepreneurs at home and around the world to start their own businesses in the United States.

Rapidly growing, our company by the time of this writing in summer 2013 has helped over 10,000 entrepreneurs with their various business filing needs - services as diverse as forming and dissolving their companies, obtaining licenses and tax ID, getting their company documents certified for both domestic and foreign use, and much more.

As founders of MyUSACorporation.eu, we harnessed our knowledge of small business, American administrative system, as well as our technical expertise in order to create this service - intended to be the best of its kind.

Easy, Friendly, Affordable]]>enBusinessCopyright MyUSACorporation Europehttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/bae0762f358aec67447112139a5cfc63.jpghttps://www.spreaker.com/show/myusacorporation-europeSun, 14 Apr 2019 09:44:15 +0000MyUSACorporation EuropeMyUSACorporation Europeinfo@myusacorporation.euWelcome to MyUSACorporation! When we founded the company early in 2009 our goal was simple - to make it easier for our fellow entrepreneurs at home and around the world to start their own businesses in the United States. Rapidly growing, our company...
When we founded the company early in 2009 our goal was simple - to make it easier for our fellow entrepreneurs at home and around the world to start their own businesses in the United States.

Rapidly growing, our company by the time of this writing in summer 2013 has helped over 10,000 entrepreneurs with their various business filing needs - services as diverse as forming and dissolving their companies, obtaining licenses and tax ID, getting their company documents certified for both domestic and foreign use, and much more.

As founders of MyUSACorporation.eu, we harnessed our knowledge of small business, American administrative system, as well as our technical expertise in order to create this service - intended to be the best of its kind.

Easy, Friendly, Affordable]]>cleanepisodicMyUSACorporation Europeinfo@myusacorporation.euWelcome to MyUSACorporation! When we founded the company early in 2009 our goal was simple - to make it easier for our fellow entrepreneurs at home and around the world to start their own businesses in the United States. Rapidly growing, our company by the time of this writing in summer 2013 has helped over 10,000 entrepreneurs with their various business filing needs - services as diverse as forming and dissolving their companies, obtaining licenses and tax ID, getting their company documents certified for both domestic and foreign use, and much more. As founders of MyUSACorporation.eu, we harnessed our knowledge of small business, American administrative system, as well as our technical expertise in order to create this service - intended to be the best of its kind. Easy, Friendly, AffordableNohttps://www.spreaker.com/user/myusacorporation/us-taxation
What Is Covered Here

Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules.

It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article.

Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help.

https://www.myusacorporation.eu/taxes.html

#MyUSACorporation]]>tag:soundcloud,2010:tracks/593981655Fri, 22 Mar 2019 07:00:22 +0000MyUSACorporation EuropeU.S. Taxation for Foreign Entrepreneurs What Is Covered Here Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to...
What Is Covered Here

Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules.

It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article.

Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help.

https://www.myusacorporation.eu/taxes.html

#MyUSACorporation]]>1633cleanfullMyUSACorporation EuropeU.S. Taxation for Foreign Entrepreneurs What Is Covered Here Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules. It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article. Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help. https://www.myusacorporation.eu/taxes.html #MyUSACorporationNohttps://www.spreaker.com/user/myusacorporation/registering-business-in-alaska
Sole Proprietorship: Sole owners of Alaska-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alaska Department of Commerce, Community and Economic Development is necessary, but it is recommended to register a business name (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alaska you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

https://www.myusacorporation.eu/alaska.html

MyUSACorporation is your reliable partner since 2009.]]>tag:soundcloud,2010:tracks/563769066Thu, 24 Jan 2019 06:36:35 +0000MyUSACorporation EuropeIf you decided to open a new business that will be based in Alaska you can choose from several options: Sole Proprietorship: Sole owners of Alaska-based businesses could opt for sole proprietorship as the easiest form of business organization. Not...
Sole Proprietorship: Sole owners of Alaska-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alaska Department of Commerce, Community and Economic Development is necessary, but it is recommended to register a business name (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alaska you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

https://www.myusacorporation.eu/alaska.html

MyUSACorporation is your reliable partner since 2009.]]>285cleanfullMyUSACorporation EuropeIf you decided to open a new business that will be based in Alaska you can choose from several options: Sole Proprietorship: Sole owners of Alaska-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alaska Department of Commerce, Community and Economic Development is necessary, but it is recommended to register a business name (DBA), and if you plan to hire employees then also obtain an EIN. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses. By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alaska you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment. Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person. https://www.myusacorporation.eu/alaska.html MyUSACorporation is your reliable partner since 2009.Nohttps://www.spreaker.com/user/myusacorporation/registering-business-in-alabama
Sole Proprietorship: Sole owners of Alabama-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alabama Secretary of State is necessary, but it is recommended to register a trade name (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alabama you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, y.ou can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

https://www.myusacorporation.eu/alabama.html

MyUSACorporation is your reliable partner since]]>tag:soundcloud,2010:tracks/563761077Thu, 24 Jan 2019 06:01:42 +0000MyUSACorporation EuropeIf you decided to open a new business that will be based in Alabama you can choose from several options: Sole Proprietorship: Sole owners of Alabama-based businesses could opt for sole proprietorship as the easiest form of business organization. Not...
Sole Proprietorship: Sole owners of Alabama-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alabama Secretary of State is necessary, but it is recommended to register a trade name (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alabama you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, y.ou can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

https://www.myusacorporation.eu/alabama.html

MyUSACorporation is your reliable partner since]]>310cleanfullMyUSACorporation EuropeIf you decided to open a new business that will be based in Alabama you can choose from several options: Sole Proprietorship: Sole owners of Alabama-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Alabama Secretary of State is necessary, but it is recommended to register a trade name (DBA), and if you plan to hire employees then also obtain an EIN. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses. By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Alabama you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment. Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, y.ou can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person. https://www.myusacorporation.eu/alabama.html MyUSACorporation is your reliable partner sinceNohttps://www.spreaker.com/user/myusacorporation/registering-business-in-californiaSole Owners

Sole Proprietorship: Sole owners of California-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with California Secretary of State is necessary, but it is recommended to register a fictitious business name statement (DBA), and if you plan to hire employees then also obtain an EIN.
REMEMBER: Whenever you file a fictitious business name statement in California you are required to do newspaper publication within 30 days after filing. Learn more about California publication requirements here.
Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in California here.


Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in California you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in California here.

One of the major drawbacks of refistering a corporation or an LLC in California is the state's notorious $800 minimum annual Franchise Tax for organized entities. Franchise Tax makes California the most expensive state to register your business in (in terms of annual cost), which is the reason many Californian businesses choose to operate as unorganized entities (sole proprietors and general partnerships) as long as they can.

As much as the Franchise Tax is high, in our opinion the value a California business receives from organizing as limited liability entity would often outweigh the added annual cost. We do recommend you to consult your legal and tax advisors whenever deciding on the type of entity for your business.

https://www.myusacorporation.eu/california.html]]>tag:soundcloud,2010:tracks/563393115Wed, 23 Jan 2019 14:03:04 +0000MyUSACorporation EuropeIf you decided to open a new business that will be based in California you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of California-based businesses could opt for sole proprietorship as the easiest form of...Sole Owners

Sole Proprietorship: Sole owners of California-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with California Secretary of State is necessary, but it is recommended to register a fictitious business name statement (DBA), and if you plan to hire employees then also obtain an EIN.
REMEMBER: Whenever you file a fictitious business name statement in California you are required to do newspaper publication within 30 days after filing. Learn more about California publication requirements here.
Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in California here.


Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in California you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in California here.

One of the major drawbacks of refistering a corporation or an LLC in California is the state's notorious $800 minimum annual Franchise Tax for organized entities. Franchise Tax makes California the most expensive state to register your business in (in terms of annual cost), which is the reason many Californian businesses choose to operate as unorganized entities (sole proprietors and general partnerships) as long as they can.

As much as the Franchise Tax is high, in our opinion the value a California business receives from organizing as limited liability entity would often outweigh the added annual cost. We do recommend you to consult your legal and tax advisors whenever deciding on the type of entity for your business.

https://www.myusacorporation.eu/california.html]]>352cleanfullMyUSACorporation EuropeIf you decided to open a new business that will be based in California you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of California-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with California Secretary of State is necessary, but it is recommended to register a fictitious business name statement (DBA), and if you plan to hire employees then also obtain an EIN. REMEMBER: Whenever you file a fictitious business name statement in California you are required to do newspaper publication within 30 days after filing. Learn more about California publication requirements here. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses. By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in California here. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in California you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment. Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person. Learn more about corporations here, and about the details of incorporating in California here. One of the major drawbacks of refistering a corporation or an LLC in California is the state's notorious $800 minimum annual Franchise Tax for organized entities. Franchise Tax makes California the most expensive state to register your business in (in terms of annual cost), which is the reason many Californian businesses choose to operate as unorganized entities (sole proprietors and general partnerships) as long as they can. As much as the Franchise Tax is high, in our opinion the value a California business receives from organizing as limited liability entity would often outweigh the added annual cost. We do recommend you to consult your legal and tax advisors whenever deciding on the type of entity for your business. https://www.myusacorporation.eu/california.htmlNohttps://www.spreaker.com/user/myusacorporation/registering-business-in-florida
Sole Owners

Sole Proprietorship: Sole owners of Florida-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Florida Secretary of State is necessary, but it is recommended to register a Fictitious Name (DBA), and if you plan to hire employees then also obtain an E I N.

REMEMBER: Florida requires advertising the intention to register a fictitious name at least once in a newspaper in the county in which the principal place of business will be located. Learn more about Florida publication requirements here.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Florida here.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Florida you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

https://www.myusacorporation.eu/florida.html

MyUSACorporation is your reliable partner since 2009.]]>tag:soundcloud,2010:tracks/563266803Wed, 23 Jan 2019 05:34:17 +0000MyUSACorporation EuropeIf you decided to open a new business that will be based in Florida you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of Florida-based businesses could opt for sole proprietorship as the easiest form of business...
Sole Owners

Sole Proprietorship: Sole owners of Florida-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Florida Secretary of State is necessary, but it is recommended to register a Fictitious Name (DBA), and if you plan to hire employees then also obtain an E I N.

REMEMBER: Florida requires advertising the intention to register a fictitious name at least once in a newspaper in the county in which the principal place of business will be located. Learn more about Florida publication requirements here.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Florida here.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Florida you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

https://www.myusacorporation.eu/florida.html

MyUSACorporation is your reliable partner since 2009.]]>293cleanfullMyUSACorporation EuropeIf you decided to open a new business that will be based in Florida you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of Florida-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Florida Secretary of State is necessary, but it is recommended to register a Fictitious Name (DBA), and if you plan to hire employees then also obtain an E I N. REMEMBER: Florida requires advertising the intention to register a fictitious name at least once in a newspaper in the county in which the principal place of business will be located. Learn more about Florida publication requirements here. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses. By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Florida here. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Florida you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment. https://www.myusacorporation.eu/florida.html MyUSACorporation is your reliable partner since 2009.Nohttps://www.spreaker.com/user/myusacorporation/registering-business-in-new-york
Sole Owners

Sole Proprietorship: Sole owners of New York-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with New York State Department of State is necessary, but it is recommended to obtain a Business Certificate (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in New York here.

KEEP IN MIND: New York is one of the two states (the other is Illinois) where the cost of forming LLC is significantly higher than cost of forming a corporaiton, especially in the lower portion of the state (greater NYC). The reason for such price difference is the fact that New York requires every domestic and foreign LLC (but not corporaiton) to publish a legal notice of its formation.

We have developed a system where LLCs formed (or foreign qualified) by our company can save hundreds of dollars in publication costs, regardless of the county where their office is physically located. You can learn more by clicking the help icon (?) next to the publication item on the NY LLC form.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in New York you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Partners

General Partnership: Like sole proprietorship, this entity type does not require registration with the New York State Department of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain a Business Certificate (DBA), and obtain an EIN.

Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though - S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

https://www.myusacorporation.eu/new-york.html]]>tag:soundcloud,2010:tracks/562829622Tue, 22 Jan 2019 08:41:47 +0000MyUSACorporation EuropeIf you decided to open a new business that will be based in New York you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of New York-based businesses could opt for sole proprietorship as the easiest form of business...
Sole Owners

Sole Proprietorship: Sole owners of New York-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with New York State Department of State is necessary, but it is recommended to obtain a Business Certificate (DBA), and if you plan to hire employees then also obtain an EIN.

Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in New York here.

KEEP IN MIND: New York is one of the two states (the other is Illinois) where the cost of forming LLC is significantly higher than cost of forming a corporaiton, especially in the lower portion of the state (greater NYC). The reason for such price difference is the fact that New York requires every domestic and foreign LLC (but not corporaiton) to publish a legal notice of its formation.

We have developed a system where LLCs formed (or foreign qualified) by our company can save hundreds of dollars in publication costs, regardless of the county where their office is physically located. You can learn more by clicking the help icon (?) next to the publication item on the NY LLC form.

Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in New York you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Partners

General Partnership: Like sole proprietorship, this entity type does not require registration with the New York State Department of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain a Business Certificate (DBA), and obtain an EIN.

Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though - S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

https://www.myusacorporation.eu/new-york.html]]>288cleanfullMyUSACorporation EuropeIf you decided to open a new business that will be based in New York you can choose from several options: Sole Owners Sole Proprietorship: Sole owners of New York-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with New York State Department of State is necessary, but it is recommended to obtain a Business Certificate (DBA), and if you plan to hire employees then also obtain an EIN. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets. This type of entity is recommended for most small businesses. By default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in New York here. KEEP IN MIND: New York is one of the two states (the other is Illinois) where the cost of forming LLC is significantly higher than cost of forming a corporaiton, especially in the lower portion of the state (greater NYC). The reason for such price difference is the fact that New York requires every domestic and foreign LLC (but not corporaiton) to publish a legal notice of its formation. We have developed a system where LLCs formed (or foreign qualified) by our company can save hundreds of dollars in publication costs, regardless of the county where their office is physically located. You can learn more by clicking the help icon (?) next to the publication item on the NY LLC form. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in New York you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment. Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person. Partners General Partnership: Like sole proprietorship, this entity type does not require registration with the New York State Department of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain a Business Certificate (DBA), and obtain an EIN. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners. Keep in mind though - S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead. https://www.myusacorporation.eu/new-york.htmlNohttps://www.spreaker.com/user/myusacorporation/who-should-incorporate
In today's complex and competitive world there is no greater way to protect yourself and your personal assets from the threat of lawsuits than by incorporating, whether you're a small business owner with no employees, or run a serious business establishment with hundreds. Incorporating is also a simple and legal way to cut your taxes, protect your privacy, lower your audit risk, raise capital, and much more.

What is a "corporation"? Simply put, a corporation is a legal "person" created by state statute that can be used as your "shadow" for the purpose of running a business, or several businesses. This is a "person" whom you control completely, yet cannot be held accountable for its actions. Indeed, it is a powerful concept! For that reason roughly a million of corporations are formed each year, and that number is growing from year to year.

In other words, establishing a corporation can provide a simple and inexpensive foundation if you operate a business, contemplate starting a business, wish to protect your personal assets or are thinking about estate planning. It is true even if you have or plan to have a home based or part-time business!
How Can Incorporation Help Protect Assets?

We all know that in the United States the risk of a law suit is quite high, or, in other words, people love suing other people. Statistics show that an average person in the United States today goes through five lawsuits in his or her lifetime, with at least one being devastating.

Sheltering your assets from lawsuits is possible, and you must do so before a lawsuit strikes. In today's world of political and financial interests, every person is vulnerable, including yourself, and you must recognize and come to grips with that reality. Only then will you have the sense of urgency necessary to take action to protect yourself and your assets from the virtually inevitable.

REMEMBER: The law deals quite harshly with those who seek last minute transfers of assets in an attempt to defraud creditors. That means its important to realize NOW that you might run into financial problems in the future, and take appropriate action to protect your assets, while at the same time enjoying the benefits of lowered tax liability.

https://www.myusacorporation.eu/who-should-incorporate.html

MyUSACorporation is your reliable partner since 2009.]]>tag:soundcloud,2010:tracks/557240727Fri, 11 Jan 2019 05:55:00 +0000MyUSACorporation EuropeDoing Business The Right Way In today's complex and competitive world there is no greater way to protect yourself and your personal assets from the threat of lawsuits than by incorporating, whether you're a small business owner with no employees, or...
In today's complex and competitive world there is no greater way to protect yourself and your personal assets from the threat of lawsuits than by incorporating, whether you're a small business owner with no employees, or run a serious business establishment with hundreds. Incorporating is also a simple and legal way to cut your taxes, protect your privacy, lower your audit risk, raise capital, and much more.

What is a "corporation"? Simply put, a corporation is a legal "person" created by state statute that can be used as your "shadow" for the purpose of running a business, or several businesses. This is a "person" whom you control completely, yet cannot be held accountable for its actions. Indeed, it is a powerful concept! For that reason roughly a million of corporations are formed each year, and that number is growing from year to year.

In other words, establishing a corporation can provide a simple and inexpensive foundation if you operate a business, contemplate starting a business, wish to protect your personal assets or are thinking about estate planning. It is true even if you have or plan to have a home based or part-time business!
How Can Incorporation Help Protect Assets?

We all know that in the United States the risk of a law suit is quite high, or, in other words, people love suing other people. Statistics show that an average person in the United States today goes through five lawsuits in his or her lifetime, with at least one being devastating.

Sheltering your assets from lawsuits is possible, and you must do so before a lawsuit strikes. In today's world of political and financial interests, every person is vulnerable, including yourself, and you must recognize and come to grips with that reality. Only then will you have the sense of urgency necessary to take action to protect yourself and your assets from the virtually inevitable.

REMEMBER: The law deals quite harshly with those who seek last minute transfers of assets in an attempt to defraud creditors. That means its important to realize NOW that you might run into financial problems in the future, and take appropriate action to protect your assets, while at the same time enjoying the benefits of lowered tax liability.

https://www.myusacorporation.eu/who-should-incorporate.html

MyUSACorporation is your reliable partner since 2009.]]>152cleanfullMyUSACorporation EuropeDoing Business The Right Way In today's complex and competitive world there is no greater way to protect yourself and your personal assets from the threat of lawsuits than by incorporating, whether you're a small business owner with no employees, or run a serious business establishment with hundreds. Incorporating is also a simple and legal way to cut your taxes, protect your privacy, lower your audit risk, raise capital, and much more. What is a "corporation"? Simply put, a corporation is a legal "person" created by state statute that can be used as your "shadow" for the purpose of running a business, or several businesses. This is a "person" whom you control completely, yet cannot be held accountable for its actions. Indeed, it is a powerful concept! For that reason roughly a million of corporations are formed each year, and that number is growing from year to year. In other words, establishing a corporation can provide a simple and inexpensive foundation if you operate a business, contemplate starting a business, wish to protect your personal assets or are thinking about estate planning. It is true even if you have or plan to have a home based or part-time business! How Can Incorporation Help Protect Assets? We all know that in the United States the risk of a law suit is quite high, or, in other words, people love suing other people. Statistics show that an average person in the United States today goes through five lawsuits in his or her lifetime, with at least one being devastating. Sheltering your assets from lawsuits is possible, and you must do so before a lawsuit strikes. In today's world of political and financial interests, every person is vulnerable, including yourself, and you must recognize and come to grips with that reality. Only then will you have the sense of urgency necessary to take action to protect yourself and your assets from the virtually inevitable. REMEMBER: The law deals quite harshly with those who seek last minute transfers of assets in an attempt to defraud creditors. That means its important to realize NOW that you might run into financial problems in the future, and take appropriate action to protect your assets, while at the same time enjoying the benefits of lowered tax liability. https://www.myusacorporation.eu/who-should-incorporate.html MyUSACorporation is your reliable partner since 2009.Nohttps://www.spreaker.com/user/myusacorporation/registering-business-in-wyoming
To learn more about specific advantages of incorporation in Wyoming please consult our article Advantages of Incorporating in Wyoming.

Who Should Register a Company in Wyoming

It is safe to assume that vast majority of companies registered in Wyoming have no physical connection to the state whatsoever. As far as our statistics go, Wyoming holds the record of new entities being formed, and it is popular both amongs domestic and foreign clients. In fact, Wyoming is perfect for foreign clients, looking to establish remote business in the U.S. (one with no physical connection), and is one most our foreign client indeed choose.

Wyoming entities can be useful tools for internet (e-commerce) businesses, remote technical support and outsourcing, export/import, etc., especially if such businesses have only virtual presence in the U.S., and they can be used for the purpose of asset holding (especially intellectual property), and generally as holding companies for other business entities.

Migration From Nevada To Wyoming

For years Nevada was extremely popular state to form companies with wide range of purposes, rivaling Delaware as the incorporation heaven of America. However, recent political and fiscal developments in Nevada, which brough introduction of expensive Business License and Initial List filing requirements, as well as outrageous renewal fees and rough treatement of delinquient businesses, have significantly reduced the attractiveness of the state.

As a result for the last several years there was a steady outflow of companies from Nevada through the process of domestication, with Wyoming being the primary beneficiary of this process. No positive change is expected any time soon, and this is one of the reasons we often recommend our clients, looking to incorporate in Nevada, to consider Wyoming instead.
Who Should Not Register a Company in Wyoming

Not everyone would benefit from registering their company in Wyoming. First, most technology companies would benefit from registering in Delaware, since professional investors such as VCs always prefer the familiar laws of Delaware over any other state.

Then there is a question of nexus - if your business is physically located in another state, and you think that by registering it in Wyoming you can escape registration in your state (for example, notoriously expensive California), we have to disappoint you. Even though your business will be organized under the Wyoming law, you will still have to foreign qualify it in your state, which in other words means you will have to maintain two entities instead of one.

https://www.myusacorporation.eu/inwyoming.html]]>tag:soundcloud,2010:tracks/555795387Tue, 08 Jan 2019 11:04:30 +0000MyUSACorporation EuropeWyoming is known as one of the three incorporation-friendly states, the other two being Nevada and Delaware. The popularity of Wyoming as a "corporate heaven" in enhanced by the very liberal Corporation Law which enables companies to be established...
To learn more about specific advantages of incorporation in Wyoming please consult our article Advantages of Incorporating in Wyoming.

Who Should Register a Company in Wyoming

It is safe to assume that vast majority of companies registered in Wyoming have no physical connection to the state whatsoever. As far as our statistics go, Wyoming holds the record of new entities being formed, and it is popular both amongs domestic and foreign clients. In fact, Wyoming is perfect for foreign clients, looking to establish remote business in the U.S. (one with no physical connection), and is one most our foreign client indeed choose.

Wyoming entities can be useful tools for internet (e-commerce) businesses, remote technical support and outsourcing, export/import, etc., especially if such businesses have only virtual presence in the U.S., and they can be used for the purpose of asset holding (especially intellectual property), and generally as holding companies for other business entities.

Migration From Nevada To Wyoming

For years Nevada was extremely popular state to form companies with wide range of purposes, rivaling Delaware as the incorporation heaven of America. However, recent political and fiscal developments in Nevada, which brough introduction of expensive Business License and Initial List filing requirements, as well as outrageous renewal fees and rough treatement of delinquient businesses, have significantly reduced the attractiveness of the state.

As a result for the last several years there was a steady outflow of companies from Nevada through the process of domestication, with Wyoming being the primary beneficiary of this process. No positive change is expected any time soon, and this is one of the reasons we often recommend our clients, looking to incorporate in Nevada, to consider Wyoming instead.
Who Should Not Register a Company in Wyoming

Not everyone would benefit from registering their company in Wyoming. First, most technology companies would benefit from registering in Delaware, since professional investors such as VCs always prefer the familiar laws of Delaware over any other state.

Then there is a question of nexus - if your business is physically located in another state, and you think that by registering it in Wyoming you can escape registration in your state (for example, notoriously expensive California), we have to disappoint you. Even though your business will be organized under the Wyoming law, you will still have to foreign qualify it in your state, which in other words means you will have to maintain two entities instead of one.

https://www.myusacorporation.eu/inwyoming.html]]>484cleanfullMyUSACorporation EuropeWyoming is known as one of the three incorporation-friendly states, the other two being Nevada and Delaware. The popularity of Wyoming as a "corporate heaven" in enhanced by the very liberal Corporation Law which enables companies to be established quickly and with the broadest possible powers permitted under the law. There are little or no restrictions on any consequent business activities. To learn more about specific advantages of incorporation in Wyoming please consult our article Advantages of Incorporating in Wyoming. Who Should Register a Company in Wyoming It is safe to assume that vast majority of companies registered in Wyoming have no physical connection to the state whatsoever. As far as our statistics go, Wyoming holds the record of new entities being formed, and it is popular both amongs domestic and foreign clients. In fact, Wyoming is perfect for foreign clients, looking to establish remote business in the U.S. (one with no physical connection), and is one most our foreign client indeed choose. Wyoming entities can be useful tools for internet (e-commerce) businesses, remote technical support and outsourcing, export/import, etc., especially if such businesses have only virtual presence in the U.S., and they can be used for the purpose of asset holding (especially intellectual property), and generally as holding companies for other business entities. Migration From Nevada To Wyoming For years Nevada was extremely popular state to form companies with wide range of purposes, rivaling Delaware as the incorporation heaven of America. However, recent political and fiscal developments in Nevada, which brough introduction of expensive Business License and Initial List filing requirements, as well as outrageous renewal fees and rough treatement of delinquient businesses, have significantly reduced the attractiveness of the state. As a result for the last several years there was a steady outflow of companies from Nevada through the process of domestication, with Wyoming being the primary beneficiary of this process. No positive change is expected any time soon, and this is one of the reasons we often recommend our clients, looking to incorporate in Nevada, to consider Wyoming instead. Who Should Not Register a Company in Wyoming Not everyone would benefit from registering their company in Wyoming. First, most technology companies would benefit from registering in Delaware, since professional investors such as VCs always prefer the familiar laws of Delaware over any other state. Then there is a question of nexus - if your business is physically located in another state, and you think that by registering it in Wyoming you can escape registration in your state (for example, notoriously expensive California), we have to disappoint you. Even though your business will be organized under the Wyoming law, you will still have to foreign qualify it in your state, which in other words means you will have to maintain two entities instead of one. https://www.myusacorporation.eu/inwyoming.htmlNohttps://www.spreaker.com/user/myusacorporation/series-llc-advanced-form-of-business-org
Series Limited Liability Company (LLC) is a business entity that was introduced by the State of Delaware nearly nine years ago. The concept is innovative and based on the fact that several series or "cells" may be created within a single LLC. Basically, a Series LLC possesses the ability to divide its assets and liabilities into various sub-LLCs or series while still controlling them from one umbrella company. The closest analogy in the business world would be a corporation with several subsidiaries.
What are the advantages of a Series LLC?

A Series LLC eliminates the expense and administrative duties related to forming multiple LLCs. A Series LLC is preferred to a corporation with subsidiaries because it does not have the taxation, expense or formalities associated with a parent-and-subsidiary corporate structure.

Each cell in a Series LLC has its own profits, losses and liabilities and is legally separate from the other series. These sub-LLCs also have their own economic structures, members, managers and assets. The assets in a sub-LLC are protected from legal enforcement against the assets of another LLC.

Another, lesser-known advantage is that a Series LLC may not be required to pay sales tax on rent paid by the operating series. The business must own the real estate and the rent must be paid to the sub-LLC owning the real estate series. In this respect, the Series LLC may also be compared to an S-Corporation with Q-subsidiaries.
What States Currently Offer the Series LLC Option?

Though Delaware was the first to form the Series LLC, other states are also adopting the practice. Currently, District of Columbia, Illinois, Iowa, Kansas, Minnesota, Montana, Nevada, North Dakota, Oklahoma, Tennessee, Texas, Utah, Wisconsin and Puerto Rico also allow the formation of Series LLC.
How to Form a Series LLC

Forming a Series LLC is similar to forming an LLC or corporation in any state. Today, only Illinois requires a different application and charges higher registration fees for forming a Series LLC rather than a simple LLC.

Once the company is formed with the state, a Series LLC will require some extra documentation compared to an LLC. A 50 or more page Operating Agreement must be prepared to establish a Series LLC. This document must be signed and created according to the rules and regulations governing the Series LLC. In most instances, an attorney is needed to draft the Operating Agreement and an accountant will be needed to explain related tax laws governing the Series LLC.

Each sub-LLC will have to create a separate Series Agreement. Each sub-LLC will have its own asset name, bank account and a separate EIN (Federal Tax ID) number. While the Operating Agreement will be amended as series are added or deleted, the Certificate of Formation (also called Articled of Organization) filed with the state does not require amendment.

How to Add and Delete a Series

https://www.myusacorporation.eu/series-llc.html]]>tag:soundcloud,2010:tracks/555776088Tue, 08 Jan 2019 09:45:00 +0000MyUSACorporation EuropeWhat is a Series LLC? Series Limited Liability Company (LLC) is a business entity that was introduced by the State of Delaware nearly nine years ago. The concept is innovative and based on the fact that several series or "cells" may be created within...
Series Limited Liability Company (LLC) is a business entity that was introduced by the State of Delaware nearly nine years ago. The concept is innovative and based on the fact that several series or "cells" may be created within a single LLC. Basically, a Series LLC possesses the ability to divide its assets and liabilities into various sub-LLCs or series while still controlling them from one umbrella company. The closest analogy in the business world would be a corporation with several subsidiaries.
What are the advantages of a Series LLC?

A Series LLC eliminates the expense and administrative duties related to forming multiple LLCs. A Series LLC is preferred to a corporation with subsidiaries because it does not have the taxation, expense or formalities associated with a parent-and-subsidiary corporate structure.

Each cell in a Series LLC has its own profits, losses and liabilities and is legally separate from the other series. These sub-LLCs also have their own economic structures, members, managers and assets. The assets in a sub-LLC are protected from legal enforcement against the assets of another LLC.

Another, lesser-known advantage is that a Series LLC may not be required to pay sales tax on rent paid by the operating series. The business must own the real estate and the rent must be paid to the sub-LLC owning the real estate series. In this respect, the Series LLC may also be compared to an S-Corporation with Q-subsidiaries.
What States Currently Offer the Series LLC Option?

Though Delaware was the first to form the Series LLC, other states are also adopting the practice. Currently, District of Columbia, Illinois, Iowa, Kansas, Minnesota, Montana, Nevada, North Dakota, Oklahoma, Tennessee, Texas, Utah, Wisconsin and Puerto Rico also allow the formation of Series LLC.
How to Form a Series LLC

Forming a Series LLC is similar to forming an LLC or corporation in any state. Today, only Illinois requires a different application and charges higher registration fees for forming a Series LLC rather than a simple LLC.

Once the company is formed with the state, a Series LLC will require some extra documentation compared to an LLC. A 50 or more page Operating Agreement must be prepared to establish a Series LLC. This document must be signed and created according to the rules and regulations governing the Series LLC. In most instances, an attorney is needed to draft the Operating Agreement and an accountant will be needed to explain related tax laws governing the Series LLC.

Each sub-LLC will have to create a separate Series Agreement. Each sub-LLC will have its own asset name, bank account and a separate EIN (Federal Tax ID) number. While the Operating Agreement will be amended as series are added or deleted, the Certificate of Formation (also called Articled of Organization) filed with the state does not require amendment.

How to Add and Delete a Series

https://www.myusacorporation.eu/series-llc.html]]>589cleanfullMyUSACorporation EuropeWhat is a Series LLC? Series Limited Liability Company (LLC) is a business entity that was introduced by the State of Delaware nearly nine years ago. The concept is innovative and based on the fact that several series or "cells" may be created within a single LLC. Basically, a Series LLC possesses the ability to divide its assets and liabilities into various sub-LLCs or series while still controlling them from one umbrella company. The closest analogy in the business world would be a corporation with several subsidiaries. What are the advantages of a Series LLC? A Series LLC eliminates the expense and administrative duties related to forming multiple LLCs. A Series LLC is preferred to a corporation with subsidiaries because it does not have the taxation, expense or formalities associated with a parent-and-subsidiary corporate structure. Each cell in a Series LLC has its own profits, losses and liabilities and is legally separate from the other series. These sub-LLCs also have their own economic structures, members, managers and assets. The assets in a sub-LLC are protected from legal enforcement against the assets of another LLC. Another, lesser-known advantage is that a Series LLC may not be required to pay sales tax on rent paid by the operating series. The business must own the real estate and the rent must be paid to the sub-LLC owning the real estate series. In this respect, the Series LLC may also be compared to an S-Corporation with Q-subsidiaries. What States Currently Offer the Series LLC Option? Though Delaware was the first to form the Series LLC, other states are also adopting the practice. Currently, District of Columbia, Illinois, Iowa, Kansas, Minnesota, Montana, Nevada, North Dakota, Oklahoma, Tennessee, Texas, Utah, Wisconsin and Puerto Rico also allow the formation of Series LLC. How to Form a Series LLC Forming a Series LLC is similar to forming an LLC or corporation in any state. Today, only Illinois requires a different application and charges higher registration fees for forming a Series LLC rather than a simple LLC. Once the company is formed with the state, a Series LLC will require some extra documentation compared to an LLC. A 50 or more page Operating Agreement must be prepared to establish a Series LLC. This document must be signed and created according to the rules and regulations governing the Series LLC. In most instances, an attorney is needed to draft the Operating Agreement and an accountant will be needed to explain related tax laws governing the Series LLC. Each sub-LLC will have to create a separate Series Agreement. Each sub-LLC will have its own asset name, bank account and a separate EIN (Federal Tax ID) number. While the Operating Agreement will be amended as series are added or deleted, the Certificate of Formation (also called Articled of Organization) filed with the state does not require amendment. How to Add and Delete a Series https://www.myusacorporation.eu/series-llc.htmlNohttps://www.spreaker.com/user/myusacorporation/naming-your-company
Choose the name of your legal entity carefully. It is important for the chosen name to portray the image you want for your new company. Legally, the name you select must not be "deceptively similar" to any existing company, or must be "distinguishable on the record" of your state.

For example, if a company named "Glow LLC" exists in your state, you probably would not be allowed to name your business "Glove LLC".

Sometimes the name you select will not be available. This is the reason we ask our clients to submit a second and a third choice of company name when forming a new entity. Additionally, most states require you to add the words "Limited Liability Company," or the abbreviation "LLC" to the end of the name (for LLCs), or "Inc." , "Corp." or "Incorporate", "Corporation", etc. for corporations.
Sticking To Your Name

Once you choose the name (including the appendix, also called entity identifier) you should stick with it. For example, if your company name is "MyCompany Inc." then all your official letterheads, correspondence, domain names, business cards, and any other company related documents and sales collateral would have to include the use of "MyCompany Inc." as opposed to "MyCompany Corp" and such.
Reserving Your Business Name

If you are not ready to form your company, but want to protect the name you want to do business under, you can reserve that name with the Secretary of State in which you plan to form your business entity. The process of company name reservation is simple and very much similar to the process of forming the actual entity. Keep in mind that name reservations are often limited to a specific period of time, so you might need to renew the reservation or risk loosing the name you have reserved.
What if My Business Needs to Operate Under Several Names?

Your business entity can only have one name, however you can file as many assumed names (also called trade name, fictitious name, "Doing Business As", DBA, or d.b.a.) as you like, as long as they are available in the state or county where you plan to use them.

Creating DBA is the easiest and most cost effective way to do business under a new business name without having to create an entirely new business entity. With DBA you can accept payments, advertise, and otherwise present yourself under that name.

https://www.myusacorporation.eu/naming.html

MyUSACorporation is your reliable partner since 2009.]]>tag:soundcloud,2010:tracks/555773079Tue, 08 Jan 2019 09:32:19 +0000MyUSACorporation EuropeChoosing The Right Name Choose the name of your legal entity carefully. It is important for the chosen name to portray the image you want for your new company. Legally, the name you select must not be "deceptively similar" to any existing company, or...
Choose the name of your legal entity carefully. It is important for the chosen name to portray the image you want for your new company. Legally, the name you select must not be "deceptively similar" to any existing company, or must be "distinguishable on the record" of your state.

For example, if a company named "Glow LLC" exists in your state, you probably would not be allowed to name your business "Glove LLC".

Sometimes the name you select will not be available. This is the reason we ask our clients to submit a second and a third choice of company name when forming a new entity. Additionally, most states require you to add the words "Limited Liability Company," or the abbreviation "LLC" to the end of the name (for LLCs), or "Inc." , "Corp." or "Incorporate", "Corporation", etc. for corporations.
Sticking To Your Name

Once you choose the name (including the appendix, also called entity identifier) you should stick with it. For example, if your company name is "MyCompany Inc." then all your official letterheads, correspondence, domain names, business cards, and any other company related documents and sales collateral would have to include the use of "MyCompany Inc." as opposed to "MyCompany Corp" and such.
Reserving Your Business Name

If you are not ready to form your company, but want to protect the name you want to do business under, you can reserve that name with the Secretary of State in which you plan to form your business entity. The process of company name reservation is simple and very much similar to the process of forming the actual entity. Keep in mind that name reservations are often limited to a specific period of time, so you might need to renew the reservation or risk loosing the name you have reserved.
What if My Business Needs to Operate Under Several Names?

Your business entity can only have one name, however you can file as many assumed names (also called trade name, fictitious name, "Doing Business As", DBA, or d.b.a.) as you like, as long as they are available in the state or county where you plan to use them.

Creating DBA is the easiest and most cost effective way to do business under a new business name without having to create an entirely new business entity. With DBA you can accept payments, advertise, and otherwise present yourself under that name.

https://www.myusacorporation.eu/naming.html

MyUSACorporation is your reliable partner since 2009.]]>164cleanfullMyUSACorporation EuropeChoosing The Right Name Choose the name of your legal entity carefully. It is important for the chosen name to portray the image you want for your new company. Legally, the name you select must not be "deceptively similar" to any existing company, or must be "distinguishable on the record" of your state. For example, if a company named "Glow LLC" exists in your state, you probably would not be allowed to name your business "Glove LLC". Sometimes the name you select will not be available. This is the reason we ask our clients to submit a second and a third choice of company name when forming a new entity. Additionally, most states require you to add the words "Limited Liability Company," or the abbreviation "LLC" to the end of the name (for LLCs), or "Inc." , "Corp." or "Incorporate", "Corporation", etc. for corporations. Sticking To Your Name Once you choose the name (including the appendix, also called entity identifier) you should stick with it. For example, if your company name is "MyCompany Inc." then all your official letterheads, correspondence, domain names, business cards, and any other company related documents and sales collateral would have to include the use of "MyCompany Inc." as opposed to "MyCompany Corp" and such. Reserving Your Business Name If you are not ready to form your company, but want to protect the name you want to do business under, you can reserve that name with the Secretary of State in which you plan to form your business entity. The process of company name reservation is simple and very much similar to the process of forming the actual entity. Keep in mind that name reservations are often limited to a specific period of time, so you might need to renew the reservation or risk loosing the name you have reserved. What if My Business Needs to Operate Under Several Names? Your business entity can only have one name, however you can file as many assumed names (also called trade name, fictitious name, "Doing Business As", DBA, or d.b.a.) as you like, as long as they are available in the state or county where you plan to use them. Creating DBA is the easiest and most cost effective way to do business under a new business name without having to create an entirely new business entity. With DBA you can accept payments, advertise, and otherwise present yourself under that name. https://www.myusacorporation.eu/naming.html MyUSACorporation is your reliable partner since 2009.Nohttps://www.spreaker.com/user/myusacorporation/q
Итак: кому стоит открывать компанию в США?

Прежде всего людям, обладающим конкурентноспособными товарами или услугами, желающими продать их на живом и активном, а не депрессивном рынке, и по справедливой цене, которую зачастую не готовы платить за качественный продукт в своей стране.

В первую очередь это касается сферы IT и смежных областей, таких как цифровой маркетинг, SEO, SMM, веб-дизайн и прочие направления. Также очень часто компании открывают предприниматели, торгующие на Amazon и желающие это делать официально и в американском правовом поле. Для стартапов, кто желает выйти на краудфаундинг или получить финансирование "Ангела" или венчурного капитала, - обязательное условие - наличие корпорации.

Будучи фрилансером или имея местную компанию ваши шансы получить хорошие заказы и вообще заказы, стремятся к нулю по той простой причине что американский бизнес не очень доверяет чужим. Для большинства американских компаний и бизнесменов американский проверенный бизнес аккаунт PayPal является основным платежным средством и они с очень большой опаской проводят расчеты с иностранцами, даже если их компании зарегистрированы в ЕС, я молчу о странах СНГ.

Но это было отступление, сейчас я буду развеивать стереотипы о сложности регистрации американских компаний.

На самом деле открыть LLC или Корпорацию в США достаточно легко и быстро - это займет порядка 3-4 недель включая получение EIN и обойдется в районе $ 700 -1000 с предоставлением американского юридического адреса. Под ключ, онлайн, не вставая с дивана, воспользовавшись услугами американских профессионалов, которые 9 лет занимаются регистрацией и сопровождением компаний в США.

Предварительно вам дадут исчерпывающую и совершенно бесплатную консультацию о том, какую форму организации вам лучше выбрать, в каком штате и почему зарегистрировать компанию и ответят на все ваши вопросы.

Итак, компанию в США стоит открывать людям, которые хотят:

честно и легально работать и хорошо зарабатывать;

людям, которые планируют иммиграцию, бизнес в США - плюс к карме;

людям, которые хотят стабильности и предсказуемости;

людям, которые приветствуют снижение налогов на бизнес, что недавно сделал Конгресс.

Наша задача - сделать процесс регистрации вашего бизнеса максимально грамотным и простым для вас как 1-2-3.

Положитесь на профессионалов. MyUSACorporation Europe - ваш надежный партнер с 2009 года.

https://www.myusacorporation.eu]]>tag:soundcloud,2010:tracks/554813892Sun, 06 Jan 2019 09:46:05 +0000MyUSACorporation EuropeДанная статья адресована предпринимателям, которые думали или думают о расширении существующего бизнеса или собираются открыть бизнес на самом большом в мире рынке - рынке США, но еще не приняли решения и не предприняли никаких шагов по причине того...
Итак: кому стоит открывать компанию в США?

Прежде всего людям, обладающим конкурентноспособными товарами или услугами, желающими продать их на живом и активном, а не депрессивном рынке, и по справедливой цене, которую зачастую не готовы платить за качественный продукт в своей стране.

В первую очередь это касается сферы IT и смежных областей, таких как цифровой маркетинг, SEO, SMM, веб-дизайн и прочие направления. Также очень часто компании открывают предприниматели, торгующие на Amazon и желающие это делать официально и в американском правовом поле. Для стартапов, кто желает выйти на краудфаундинг или получить финансирование "Ангела" или венчурного капитала, - обязательное условие - наличие корпорации.

Будучи фрилансером или имея местную компанию ваши шансы получить хорошие заказы и вообще заказы, стремятся к нулю по той простой причине что американский бизнес не очень доверяет чужим. Для большинства американских компаний и бизнесменов американский проверенный бизнес аккаунт PayPal является основным платежным средством и они с очень большой опаской проводят расчеты с иностранцами, даже если их компании зарегистрированы в ЕС, я молчу о странах СНГ.

Но это было отступление, сейчас я буду развеивать стереотипы о сложности регистрации американских компаний.

На самом деле открыть LLC или Корпорацию в США достаточно легко и быстро - это займет порядка 3-4 недель включая получение EIN и обойдется в районе $ 700 -1000 с предоставлением американского юридического адреса. Под ключ, онлайн, не вставая с дивана, воспользовавшись услугами американских профессионалов, которые 9 лет занимаются регистрацией и сопровождением компаний в США.

Предварительно вам дадут исчерпывающую и совершенно бесплатную консультацию о том, какую форму организации вам лучше выбрать, в каком штате и почему зарегистрировать компанию и ответят на все ваши вопросы.

Итак, компанию в США стоит открывать людям, которые хотят:

честно и легально работать и хорошо зарабатывать;

людям, которые планируют иммиграцию, бизнес в США - плюс к карме;

людям, которые хотят стабильности и предсказуемости;

людям, которые приветствуют снижение налогов на бизнес, что недавно сделал Конгресс.

Наша задача - сделать процесс регистрации вашего бизнеса максимально грамотным и простым для вас как 1-2-3.

Положитесь на профессионалов. MyUSACorporation Europe - ваш надежный партнер с 2009 года.

https://www.myusacorporation.eu]]>198cleanfullMyUSACorporation EuropeДанная статья адресована предпринимателям, которые думали или думают о расширении существующего бизнеса или собираются открыть бизнес на самом большом в мире рынке - рынке США, но еще не приняли решения и не предприняли никаких шагов по причине того что это кажется очень сложным. Видимая сложность вызвана недостатком достоверной информации, и, если она находится, то она исходит от людей, которые прошли этот процесс самостоятельно, методом "научного тыка", проб и ошибок, и не всегда удачно. Итак: кому стоит открывать компанию в США? Прежде всего людям, обладающим конкурентноспособными товарами или услугами, желающими продать их на живом и активном, а не депрессивном рынке, и по справедливой цене, которую зачастую не готовы платить за качественный продукт в своей стране. В первую очередь это касается сферы IT и смежных областей, таких как цифровой маркетинг, SEO, SMM, веб-дизайн и прочие направления. Также очень часто компании открывают предприниматели, торгующие на Amazon и желающие это делать официально и в американском правовом поле. Для стартапов, кто желает выйти на краудфаундинг или получить финансирование "Ангела" или венчурного капитала, - обязательное условие - наличие корпорации. Будучи фрилансером или имея местную компанию ваши шансы получить хорошие заказы и вообще заказы, стремятся к нулю по той простой причине что американский бизнес не очень доверяет чужим. Для большинства американских компаний и бизнесменов американский проверенный бизнес аккаунт PayPal является основным платежным средством и они с очень большой опаской проводят расчеты с иностранцами, даже если их компании зарегистрированы в ЕС, я молчу о странах СНГ. Но это было отступление, сейчас я буду развеивать стереотипы о сложности регистрации американских компаний. На самом деле открыть LLC или Корпорацию в США достаточно легко и быстро - это займет порядка 3-4 недель включая получение EIN и обойдется в районе $ 700 -1000 с предоставлением американского юридического адреса. Под ключ, онлайн, не вставая с дивана, воспользовавшись услугами американских профессионалов, которые 9 лет занимаются регистрацией и сопровождением компаний в США. Предварительно вам дадут исчерпывающую и совершенно бесплатную консультацию о том, какую форму организации вам лучше выбрать, в каком штате и почему зарегистрировать компанию и ответят на все ваши вопросы. Итак, компанию в США стоит открывать людям, которые хотят: честно и легально работать и хорошо зарабатывать; людям, которые планируют иммиграцию, бизнес в США - плюс к карме; людям, которые хотят стабильности и предсказуемости; людям, которые приветствуют снижение налогов на бизнес, что недавно сделал Конгресс. Наша задача - сделать процесс регистрации вашего бизнеса максимально грамотным и простым для вас как 1-2-3. Положитесь на профессионалов. MyUSACorporation Europe - ваш надежный партнер с 2009 года. https://www.myusacorporation.euNohttps://www.spreaker.com/user/myusacorporation/llc-llc-vs-corporation
Субъекты облагаются налогом по-разному.

По умолчанию LLC является налоговым объектом со «сквозным» налогообложением, что означает, что доход не облагается налогом на уровне компании (однако для получения отдельной налоговой декларации по-прежнему требуется Multi-Member LLC). Доходы или убытки, указанные в этом возврате (Tax Return), «передаются» отдельным участникам и сообщаются в их индивидуальных налоговых декларациях.

C-Corporation является отдельно облагаемым объектом и платит налог на доход до распределения дивидендов акционерам. Если и когда корпоративные доходы распределяются среди акционеров в форме дивидендов, корпорация не получает разумного вычета расходов по бизнесу, а дивидендный доход облагается как обычный доход для акционеров.

Эти типы компаний различаются по своей структуре:

LLC менее жесткие по своей структуре, чем корпорации, поэтому у вас больше гибкости при адаптации LLC к вашему уникальному бизнесу. Операционное соглашение (Operating Agreement) LLC может быть структурировано неограниченным числом способов.

Корпорация является типом компании с должностными лицами и директорами - офицерами (по крайней мере, один). С другой стороны, LLC может быть «управляемой участниками» и работать менее формально. Для небольших начинающих компаний меньше формальностей означает, что вы можете сосредоточиться на зарабатывании денег, а не на административной работе.

Быстрое сравнение: LLC против S-Corporation

Разница в распределении доходов:

В то время как специальный налоговый статус S-Corporation устраняет двойное налогообложение, ему не хватает гибкости LLC при распределении доходов для владельцев. LLC может предлагать несколько классов интересов своих участников, а S-Corporation может иметь только один класс акций.

Ограничения на владение:

Любое число физических или юридических лиц может владеть долей участия в LLC. Кроме того, LLC могут иметь дочерние компании без ограничений. Доля собственности в S-Corporation ограничена не более чем 100 акционерами. Кроме того, S-Corporations не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам.

Налоги на самозанятость:

Одним из преимуществ S-Corporation является то, как рассчитываются налоги на самозанятость. Офицеры S-Corporation, нанятые компанией, должны получать зарплату, а налог на их собственный налог исчисляется на основе этой зарплаты (это верно, за исключением S-Corporations, базирующейся в Нью-Йорке). Владельцы LLC, с другой стороны, оплачивают налоги на самостоятельную занятость, основываясь на всех получаемых ими распределениях.

Быстрое сравнение: C-Corporation против S-Corporation

Все корпорации начинаются как C-Корпорации и обязаны уплачивать подоходный налог с налогооблагаемого дохода. C-Corporation становится S-Corporation, заполняя и подавая федеральную форму 2553 в IRS.

Налогообложение:

Чистая прибыль или убыток S-Corporation «передается» акционерам и включается в их личные налоговые декларации. Поскольку доход не облагается налогом на корпоративном уровне, нет двойного налогообложения, как с корпорациями типа "C-Corporation".

Разница в распределении доходов:

S-Corporations ограничены наличием не более 100 акционеров и не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам.

MyUSACorporation : Открыть компанию в США просто

https://www.myusacorporation.eu]]>tag:soundcloud,2010:tracks/554810829Sun, 06 Jan 2019 09:29:45 +0000MyUSACorporation EuropeБыстрое сравнение: LLC против C-Corporation Субъекты облагаются налогом по-разному. По умолчанию LLC является налоговым объектом со «сквозным» налогообложением, что означает, что доход не облагается налогом на уровне компании (однако для получения...
Субъекты облагаются налогом по-разному.

По умолчанию LLC является налоговым объектом со «сквозным» налогообложением, что означает, что доход не облагается налогом на уровне компании (однако для получения отдельной налоговой декларации по-прежнему требуется Multi-Member LLC). Доходы или убытки, указанные в этом возврате (Tax Return), «передаются» отдельным участникам и сообщаются в их индивидуальных налоговых декларациях.

C-Corporation является отдельно облагаемым объектом и платит налог на доход до распределения дивидендов акционерам. Если и когда корпоративные доходы распределяются среди акционеров в форме дивидендов, корпорация не получает разумного вычета расходов по бизнесу, а дивидендный доход облагается как обычный доход для акционеров.

Эти типы компаний различаются по своей структуре:

LLC менее жесткие по своей структуре, чем корпорации, поэтому у вас больше гибкости при адаптации LLC к вашему уникальному бизнесу. Операционное соглашение (Operating Agreement) LLC может быть структурировано неограниченным числом способов.

Корпорация является типом компании с должностными лицами и директорами - офицерами (по крайней мере, один). С другой стороны, LLC может быть «управляемой участниками» и работать менее формально. Для небольших начинающих компаний меньше формальностей означает, что вы можете сосредоточиться на зарабатывании денег, а не на административной работе.

Быстрое сравнение: LLC против S-Corporation

Разница в распределении доходов:

В то время как специальный налоговый статус S-Corporation устраняет двойное налогообложение, ему не хватает гибкости LLC при распределении доходов для владельцев. LLC может предлагать несколько классов интересов своих участников, а S-Corporation может иметь только один класс акций.

Ограничения на владение:

Любое число физических или юридических лиц может владеть долей участия в LLC. Кроме того, LLC могут иметь дочерние компании без ограничений. Доля собственности в S-Corporation ограничена не более чем 100 акционерами. Кроме того, S-Corporations не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам.

Налоги на самозанятость:

Одним из преимуществ S-Corporation является то, как рассчитываются налоги на самозанятость. Офицеры S-Corporation, нанятые компанией, должны получать зарплату, а налог на их собственный налог исчисляется на основе этой зарплаты (это верно, за исключением S-Corporations, базирующейся в Нью-Йорке). Владельцы LLC, с другой стороны, оплачивают налоги на самостоятельную занятость, основываясь на всех получаемых ими распределениях.

Быстрое сравнение: C-Corporation против S-Corporation

Все корпорации начинаются как C-Корпорации и обязаны уплачивать подоходный налог с налогооблагаемого дохода. C-Corporation становится S-Corporation, заполняя и подавая федеральную форму 2553 в IRS.

Налогообложение:

Чистая прибыль или убыток S-Corporation «передается» акционерам и включается в их личные налоговые декларации. Поскольку доход не облагается налогом на корпоративном уровне, нет двойного налогообложения, как с корпорациями типа "C-Corporation".

Разница в распределении доходов:

S-Corporations ограничены наличием не более 100 акционеров и не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам.

MyUSACorporation : Открыть компанию в США просто

https://www.myusacorporation.eu]]>248cleanfullMyUSACorporation EuropeБыстрое сравнение: LLC против C-Corporation Субъекты облагаются налогом по-разному. По умолчанию LLC является налоговым объектом со «сквозным» налогообложением, что означает, что доход не облагается налогом на уровне компании (однако для получения отдельной налоговой декларации по-прежнему требуется Multi-Member LLC). Доходы или убытки, указанные в этом возврате (Tax Return), «передаются» отдельным участникам и сообщаются в их индивидуальных налоговых декларациях. C-Corporation является отдельно облагаемым объектом и платит налог на доход до распределения дивидендов акционерам. Если и когда корпоративные доходы распределяются среди акционеров в форме дивидендов, корпорация не получает разумного вычета расходов по бизнесу, а дивидендный доход облагается как обычный доход для акционеров. Эти типы компаний различаются по своей структуре: LLC менее жесткие по своей структуре, чем корпорации, поэтому у вас больше гибкости при адаптации LLC к вашему уникальному бизнесу. Операционное соглашение (Operating Agreement) LLC может быть структурировано неограниченным числом способов. Корпорация является типом компании с должностными лицами и директорами - офицерами (по крайней мере, один). С другой стороны, LLC может быть «управляемой участниками» и работать менее формально. Для небольших начинающих компаний меньше формальностей означает, что вы можете сосредоточиться на зарабатывании денег, а не на административной работе. Быстрое сравнение: LLC против S-Corporation Разница в распределении доходов: В то время как специальный налоговый статус S-Corporation устраняет двойное налогообложение, ему не хватает гибкости LLC при распределении доходов для владельцев. LLC может предлагать несколько классов интересов своих участников, а S-Corporation может иметь только один класс акций. Ограничения на владение: Любое число физических или юридических лиц может владеть долей участия в LLC. Кроме того, LLC могут иметь дочерние компании без ограничений. Доля собственности в S-Corporation ограничена не более чем 100 акционерами. Кроме того, S-Corporations не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам. Налоги на самозанятость: Одним из преимуществ S-Corporation является то, как рассчитываются налоги на самозанятость. Офицеры S-Corporation, нанятые компанией, должны получать зарплату, а налог на их собственный налог исчисляется на основе этой зарплаты (это верно, за исключением S-Corporations, базирующейся в Нью-Йорке). Владельцы LLC, с другой стороны, оплачивают налоги на самостоятельную занятость, основываясь на всех получаемых ими распределениях. Быстрое сравнение: C-Corporation против S-Corporation Все корпорации начинаются как C-Корпорации и обязаны уплачивать подоходный налог с налогооблагаемого дохода. C-Corporation становится S-Corporation, заполняя и подавая федеральную форму 2553 в IRS. Налогообложение: Чистая прибыль или убыток S-Corporation «передается» акционерам и включается в их личные налоговые декларации. Поскольку доход не облагается налогом на корпоративном уровне, нет двойного налогообложения, как с корпорациями типа "C-Corporation". Разница в распределении доходов: S-Corporations ограничены наличием не более 100 акционеров и не могут принадлежать C-корпорациям, другим S-корпорациям, многим трестам, LLC, партнерам или иностранцам-нерезидентам. MyUSACorporation : Открыть компанию в США просто https://www.myusacorporation.euNohttps://www.spreaker.com/user/myusacorporation/registro-de-su-empresa-en-los-estados-un
Registro de su empresa en los Estados Unidos

Muchos empresarios internacionales están buscando crear o expandir sus negocios en el mercado de los Estados Unidos. MyUSACorporation Europe se especializa en ayudar a esos empresarios, y nos gustaría presentarles varias ideas para considerar primero.

¿Qué documentos se necesitan?

En primer lugar, para registrar una empresa en los EE. UU. No necesita presentar ningún documento, solo información. Los documentos serían necesarios en caso de que desee una dirección en los EE. UU. O necesite abrir una cuenta bancaria, pero no para el registro de la empresa.

¿Necesito estar en los Estados Unidos para abrir mi compañía?

De ningún modo. Todas las presentaciones se pueden hacer de forma remota, con nosotros como su proxy en los EE. UU. En casi todos los casos, cuando necesitamos una firma de nuestros clientes, esto se puede hacer de manera electrónica.

Elección de estado

Si planea comprar una propiedad inmobiliaria, o abrir una tienda "física" en los EE. UU., Se recomienda formar su empresa en el estado donde se encuentra físicamente esta propiedad o tienda.

La mayoría de nuestros clientes eligen Delaware o Wyoming, debido a las tarifas más caras en Nevada. Puedes ver la comparación entre esos 3 estados aquí: Delaware vs. Nevada vs. Wyoming.

Elección de la entidad

Los extranjeros pueden elegir principalmente entre dos tipos de entidades: LLC y C-Corporation. La LLC es el tipo más común de entidad elegida por nuestros clientes extranjeros debido a su simplicidad, flexibilidad y tributación única. C-Corporation, en su mayoría elegidos por jóvenes emprendedores que buscan obtener financiamiento de Angel o VC.

Puede ver una comparación entre LLC y C-Corporation aquí: LLC vs. Corporation también. ¿Qué entidad comercial es adecuada para mí?

Restricciones y cosas a considerar

En primer lugar, como extranjero, no es necesario que tenga un Número de Seguro Social para abrir su empresa y obtener el EIN (número de identificación fiscal de la empresa). Tampoco necesita tener una dirección o número de teléfono de los EE. UU. Sin embargo, si desea tener una dirección y / o un teléfono de los EE. UU., Puede obtenerlos de proveedores especializados (consulte a los vendedores de teléfonos aquí y nuestras soluciones de direcciones de los EE. UU. Aquí).

La banca en los Estados Unidos es un tema más complicado. Hay algunas compañías en Internet que prometen ayuda a los clientes internacionales para abrir una cuenta bancaria de forma remota, pero les advertimos a nuestros clientes que tengan cuidado con las personas que afirman que pueden ayudar de esa manera. Para obtener más información sobre la banca en los EE. UU., Los problemas asociados y las posibles soluciones, lea nuestro artículo "Abrir una cuenta bancaria en los Estados Unidos".

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>tag:soundcloud,2010:tracks/554360382Sat, 05 Jan 2019 07:13:58 +0000MyUSACorporation EuropeEmpresas americanas para extranjeros Registro de su empresa en los Estados Unidos Muchos empresarios internacionales están buscando crear o expandir sus negocios en el mercado de los Estados Unidos. MyUSACorporation Europe se especializa en ayudar a...
Registro de su empresa en los Estados Unidos

Muchos empresarios internacionales están buscando crear o expandir sus negocios en el mercado de los Estados Unidos. MyUSACorporation Europe se especializa en ayudar a esos empresarios, y nos gustaría presentarles varias ideas para considerar primero.

¿Qué documentos se necesitan?

En primer lugar, para registrar una empresa en los EE. UU. No necesita presentar ningún documento, solo información. Los documentos serían necesarios en caso de que desee una dirección en los EE. UU. O necesite abrir una cuenta bancaria, pero no para el registro de la empresa.

¿Necesito estar en los Estados Unidos para abrir mi compañía?

De ningún modo. Todas las presentaciones se pueden hacer de forma remota, con nosotros como su proxy en los EE. UU. En casi todos los casos, cuando necesitamos una firma de nuestros clientes, esto se puede hacer de manera electrónica.

Elección de estado

Si planea comprar una propiedad inmobiliaria, o abrir una tienda "física" en los EE. UU., Se recomienda formar su empresa en el estado donde se encuentra físicamente esta propiedad o tienda.

La mayoría de nuestros clientes eligen Delaware o Wyoming, debido a las tarifas más caras en Nevada. Puedes ver la comparación entre esos 3 estados aquí: Delaware vs. Nevada vs. Wyoming.

Elección de la entidad

Los extranjeros pueden elegir principalmente entre dos tipos de entidades: LLC y C-Corporation. La LLC es el tipo más común de entidad elegida por nuestros clientes extranjeros debido a su simplicidad, flexibilidad y tributación única. C-Corporation, en su mayoría elegidos por jóvenes emprendedores que buscan obtener financiamiento de Angel o VC.

Puede ver una comparación entre LLC y C-Corporation aquí: LLC vs. Corporation también. ¿Qué entidad comercial es adecuada para mí?

Restricciones y cosas a considerar

En primer lugar, como extranjero, no es necesario que tenga un Número de Seguro Social para abrir su empresa y obtener el EIN (número de identificación fiscal de la empresa). Tampoco necesita tener una dirección o número de teléfono de los EE. UU. Sin embargo, si desea tener una dirección y / o un teléfono de los EE. UU., Puede obtenerlos de proveedores especializados (consulte a los vendedores de teléfonos aquí y nuestras soluciones de direcciones de los EE. UU. Aquí).

La banca en los Estados Unidos es un tema más complicado. Hay algunas compañías en Internet que prometen ayuda a los clientes internacionales para abrir una cuenta bancaria de forma remota, pero les advertimos a nuestros clientes que tengan cuidado con las personas que afirman que pueden ayudar de esa manera. Para obtener más información sobre la banca en los EE. UU., Los problemas asociados y las posibles soluciones, lea nuestro artículo "Abrir una cuenta bancaria en los Estados Unidos".

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>352cleanfullMyUSACorporation EuropeEmpresas americanas para extranjeros Registro de su empresa en los Estados Unidos Muchos empresarios internacionales están buscando crear o expandir sus negocios en el mercado de los Estados Unidos. MyUSACorporation Europe se especializa en ayudar a esos empresarios, y nos gustaría presentarles varias ideas para considerar primero. ¿Qué documentos se necesitan? En primer lugar, para registrar una empresa en los EE. UU. No necesita presentar ningún documento, solo información. Los documentos serían necesarios en caso de que desee una dirección en los EE. UU. O necesite abrir una cuenta bancaria, pero no para el registro de la empresa. ¿Necesito estar en los Estados Unidos para abrir mi compañía? De ningún modo. Todas las presentaciones se pueden hacer de forma remota, con nosotros como su proxy en los EE. UU. En casi todos los casos, cuando necesitamos una firma de nuestros clientes, esto se puede hacer de manera electrónica. Elección de estado Si planea comprar una propiedad inmobiliaria, o abrir una tienda "física" en los EE. UU., Se recomienda formar su empresa en el estado donde se encuentra físicamente esta propiedad o tienda. La mayoría de nuestros clientes eligen Delaware o Wyoming, debido a las tarifas más caras en Nevada. Puedes ver la comparación entre esos 3 estados aquí: Delaware vs. Nevada vs. Wyoming. Elección de la entidad Los extranjeros pueden elegir principalmente entre dos tipos de entidades: LLC y C-Corporation. La LLC es el tipo más común de entidad elegida por nuestros clientes extranjeros debido a su simplicidad, flexibilidad y tributación única. C-Corporation, en su mayoría elegidos por jóvenes emprendedores que buscan obtener financiamiento de Angel o VC. Puede ver una comparación entre LLC y C-Corporation aquí: LLC vs. Corporation también. ¿Qué entidad comercial es adecuada para mí? Restricciones y cosas a considerar En primer lugar, como extranjero, no es necesario que tenga un Número de Seguro Social para abrir su empresa y obtener el EIN (número de identificación fiscal de la empresa). Tampoco necesita tener una dirección o número de teléfono de los EE. UU. Sin embargo, si desea tener una dirección y / o un teléfono de los EE. UU., Puede obtenerlos de proveedores especializados (consulte a los vendedores de teléfonos aquí y nuestras soluciones de direcciones de los EE. UU. Aquí). La banca en los Estados Unidos es un tema más complicado. Hay algunas compañías en Internet que prometen ayuda a los clientes internacionales para abrir una cuenta bancaria de forma remota, pero les advertimos a nuestros clientes que tengan cuidado con las personas que afirman que pueden ayudar de esa manera. Para obtener más información sobre la banca en los EE. UU., Los problemas asociados y las posibles soluciones, lea nuestro artículo "Abrir una cuenta bancaria en los Estados Unidos". https://www.myusacorporation.eu/incorporate-in-usa-from-europe.htmlNohttps://www.spreaker.com/user/myusacorporation/enregistrement-de-votre-entreprise-aux-e
Enregistrement de votre entreprise aux États-Unis

De nombreux entrepreneurs internationaux cherchent à créer ou à développer leurs activités sur le marché américain. MyUSACorporation Europe est spécialisé dans l'aide à ces entrepreneurs, et nous aimerions vous présenter plusieurs idées à considérer en premier.

Quels sont les documents nécessaires?

Tout d’abord, pour enregistrer une entreprise aux États-Unis, vous n’avez pas besoin de présenter de documents, mais uniquement des informations. Les documents sont nécessaires si vous souhaitez une adresse aux États-Unis ou devez ouvrir un compte bancaire, mais pas pour l'enregistrement d'une entreprise.

Dois-je être aux États-Unis pour ouvrir ma société?

Pas du tout. Tous les dépôts peuvent être effectués à distance, avec nous servant de mandataire aux États-Unis. Dans presque tous les cas, lorsque nous avons besoin d’une signature de nos clients, cela peut se faire par voie électronique.

Choix de l'Etat

Si vous envisagez d’acheter un bien immobilier ou d’ouvrir un magasin «de brique et de mortier» aux États-Unis, il est recommandé de créer votre société dans l’état où se trouve cet établissement ou ce magasin.

La majorité de nos clients choisissent le Delaware ou le Wyoming, en raison de tarifs plus élevés au Nevada. Vous pouvez voir la comparaison entre ces 3 états ici: Delaware vs. Nevada vs. Wyoming.

Choix de l'entité

Les étrangers peuvent choisir principalement entre deux types d’entités: LLC et C-Corporation. La société à responsabilité limitée est le type d'entité le plus couramment choisi par nos clients étrangers en raison de sa simplicité, de sa flexibilité et de sa fiscalité unique. C-Corporation principalement choisie par de jeunes entrepreneurs cherchant à obtenir un financement Angel ou VC.

Vous pouvez voir une comparaison entre LLC et C-Corporation ici: LLC vs. Corporation et quelle entité commerciale me convient le mieux?.

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>tag:soundcloud,2010:tracks/554359050Sat, 05 Jan 2019 07:07:18 +0000MyUSACorporation EuropeEntreprises américaines pour étrangers Enregistrement de votre entreprise aux États-Unis De nombreux entrepreneurs internationaux cherchent à créer ou à développer leurs activités sur le marché américain. MyUSACorporation Europe est spécialisé dans...
Enregistrement de votre entreprise aux États-Unis

De nombreux entrepreneurs internationaux cherchent à créer ou à développer leurs activités sur le marché américain. MyUSACorporation Europe est spécialisé dans l'aide à ces entrepreneurs, et nous aimerions vous présenter plusieurs idées à considérer en premier.

Quels sont les documents nécessaires?

Tout d’abord, pour enregistrer une entreprise aux États-Unis, vous n’avez pas besoin de présenter de documents, mais uniquement des informations. Les documents sont nécessaires si vous souhaitez une adresse aux États-Unis ou devez ouvrir un compte bancaire, mais pas pour l'enregistrement d'une entreprise.

Dois-je être aux États-Unis pour ouvrir ma société?

Pas du tout. Tous les dépôts peuvent être effectués à distance, avec nous servant de mandataire aux États-Unis. Dans presque tous les cas, lorsque nous avons besoin d’une signature de nos clients, cela peut se faire par voie électronique.

Choix de l'Etat

Si vous envisagez d’acheter un bien immobilier ou d’ouvrir un magasin «de brique et de mortier» aux États-Unis, il est recommandé de créer votre société dans l’état où se trouve cet établissement ou ce magasin.

La majorité de nos clients choisissent le Delaware ou le Wyoming, en raison de tarifs plus élevés au Nevada. Vous pouvez voir la comparaison entre ces 3 états ici: Delaware vs. Nevada vs. Wyoming.

Choix de l'entité

Les étrangers peuvent choisir principalement entre deux types d’entités: LLC et C-Corporation. La société à responsabilité limitée est le type d'entité le plus couramment choisi par nos clients étrangers en raison de sa simplicité, de sa flexibilité et de sa fiscalité unique. C-Corporation principalement choisie par de jeunes entrepreneurs cherchant à obtenir un financement Angel ou VC.

Vous pouvez voir une comparaison entre LLC et C-Corporation ici: LLC vs. Corporation et quelle entité commerciale me convient le mieux?.

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>313cleanfullMyUSACorporation EuropeEntreprises américaines pour étrangers Enregistrement de votre entreprise aux États-Unis De nombreux entrepreneurs internationaux cherchent à créer ou à développer leurs activités sur le marché américain. MyUSACorporation Europe est spécialisé dans l'aide à ces entrepreneurs, et nous aimerions vous présenter plusieurs idées à considérer en premier. Quels sont les documents nécessaires? Tout d’abord, pour enregistrer une entreprise aux États-Unis, vous n’avez pas besoin de présenter de documents, mais uniquement des informations. Les documents sont nécessaires si vous souhaitez une adresse aux États-Unis ou devez ouvrir un compte bancaire, mais pas pour l'enregistrement d'une entreprise. Dois-je être aux États-Unis pour ouvrir ma société? Pas du tout. Tous les dépôts peuvent être effectués à distance, avec nous servant de mandataire aux États-Unis. Dans presque tous les cas, lorsque nous avons besoin d’une signature de nos clients, cela peut se faire par voie électronique. Choix de l'Etat Si vous envisagez d’acheter un bien immobilier ou d’ouvrir un magasin «de brique et de mortier» aux États-Unis, il est recommandé de créer votre société dans l’état où se trouve cet établissement ou ce magasin. La majorité de nos clients choisissent le Delaware ou le Wyoming, en raison de tarifs plus élevés au Nevada. Vous pouvez voir la comparaison entre ces 3 états ici: Delaware vs. Nevada vs. Wyoming. Choix de l'entité Les étrangers peuvent choisir principalement entre deux types d’entités: LLC et C-Corporation. La société à responsabilité limitée est le type d'entité le plus couramment choisi par nos clients étrangers en raison de sa simplicité, de sa flexibilité et de sa fiscalité unique. C-Corporation principalement choisie par de jeunes entrepreneurs cherchant à obtenir un financement Angel ou VC. Vous pouvez voir une comparaison entre LLC et C-Corporation ici: LLC vs. Corporation et quelle entité commerciale me convient le mieux?. https://www.myusacorporation.eu/incorporate-in-usa-from-europe.htmlNohttps://www.spreaker.com/user/myusacorporation/registrazione-della-tua-azienda-negli-st
Molti imprenditori internazionali stanno cercando di creare o espandere la propria attività nel mercato degli Stati Uniti. MyUSACorporation Europe è specializzata nell'aiutare quegli imprenditori e vorremmo presentarvi diverse idee da considerare prima.

Quali documenti sono necessari?

Innanzitutto, per registrare una società negli Stati Uniti non è necessario presentare alcun documento, ma solo informazioni. I documenti sarebbero necessari nel caso in cui si desideri un indirizzo negli Stati Uniti o sia necessario aprire un conto bancario, ma non per la registrazione della società.

Devo essere negli Stati Uniti per aprire la mia azienda?

Affatto. Tutti i documenti possono essere fatti in remoto, con noi che fungono da proxy negli Stati Uniti. In quasi tutti i casi in cui abbiamo bisogno di una firma dei nostri clienti, questo può essere fatto elettronicamente.

Scelta dello stato

Se si prevede di acquistare proprietà immobiliari o aprire un negozio di "mattoni e malta" negli Stati Uniti, si consiglia di formare la propria azienda nello stato in cui si trova fisicamente la proprietà o il negozio.

La maggior parte dei nostri clienti sceglie il Delaware o il Wyoming, a causa delle tasse più costose in Nevada. Puoi vedere il confronto tra questi 3 stati qui: Delaware vs Nevada vs Wyoming.

Scelta dell'entità

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>tag:soundcloud,2010:tracks/554356842Sat, 05 Jan 2019 06:57:10 +0000MyUSACorporation EuropeRegistrazione della tua azienda negli Stati Uniti Molti imprenditori internazionali stanno cercando di creare o espandere la propria attività nel mercato degli Stati Uniti. MyUSACorporation Europe è specializzata nell'aiutare quegli imprenditori e...
Molti imprenditori internazionali stanno cercando di creare o espandere la propria attività nel mercato degli Stati Uniti. MyUSACorporation Europe è specializzata nell'aiutare quegli imprenditori e vorremmo presentarvi diverse idee da considerare prima.

Quali documenti sono necessari?

Innanzitutto, per registrare una società negli Stati Uniti non è necessario presentare alcun documento, ma solo informazioni. I documenti sarebbero necessari nel caso in cui si desideri un indirizzo negli Stati Uniti o sia necessario aprire un conto bancario, ma non per la registrazione della società.

Devo essere negli Stati Uniti per aprire la mia azienda?

Affatto. Tutti i documenti possono essere fatti in remoto, con noi che fungono da proxy negli Stati Uniti. In quasi tutti i casi in cui abbiamo bisogno di una firma dei nostri clienti, questo può essere fatto elettronicamente.

Scelta dello stato

Se si prevede di acquistare proprietà immobiliari o aprire un negozio di "mattoni e malta" negli Stati Uniti, si consiglia di formare la propria azienda nello stato in cui si trova fisicamente la proprietà o il negozio.

La maggior parte dei nostri clienti sceglie il Delaware o il Wyoming, a causa delle tasse più costose in Nevada. Puoi vedere il confronto tra questi 3 stati qui: Delaware vs Nevada vs Wyoming.

Scelta dell'entità

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>337cleanfullMyUSACorporation EuropeRegistrazione della tua azienda negli Stati Uniti Molti imprenditori internazionali stanno cercando di creare o espandere la propria attività nel mercato degli Stati Uniti. MyUSACorporation Europe è specializzata nell'aiutare quegli imprenditori e vorremmo presentarvi diverse idee da considerare prima. Quali documenti sono necessari? Innanzitutto, per registrare una società negli Stati Uniti non è necessario presentare alcun documento, ma solo informazioni. I documenti sarebbero necessari nel caso in cui si desideri un indirizzo negli Stati Uniti o sia necessario aprire un conto bancario, ma non per la registrazione della società. Devo essere negli Stati Uniti per aprire la mia azienda? Affatto. Tutti i documenti possono essere fatti in remoto, con noi che fungono da proxy negli Stati Uniti. In quasi tutti i casi in cui abbiamo bisogno di una firma dei nostri clienti, questo può essere fatto elettronicamente. Scelta dello stato Se si prevede di acquistare proprietà immobiliari o aprire un negozio di "mattoni e malta" negli Stati Uniti, si consiglia di formare la propria azienda nello stato in cui si trova fisicamente la proprietà o il negozio. La maggior parte dei nostri clienti sceglie il Delaware o il Wyoming, a causa delle tasse più costose in Nevada. Puoi vedere il confronto tra questi 3 stati qui: Delaware vs Nevada vs Wyoming. Scelta dell'entità https://www.myusacorporation.eu/incorporate-in-usa-from-europe.htmlNohttps://www.spreaker.com/user/myusacorporation/registrierung-ihres-unternehmens-in-den-
Viele internationale Unternehmer möchten ihr Geschäft auf dem US-amerikanischen Markt aufbauen oder ausbauen. MyUSACorporation Europe ist darauf spezialisiert, diesen Unternehmern zu helfen, und wir möchten Ihnen einige Ideen vorstellen, die Sie zuerst berücksichtigen sollten.

Welche Dokumente werden benötigt?

Um ein Unternehmen in den USA zu registrieren, müssen Sie keine Dokumente vorlegen, sondern lediglich Informationen. Dokumente sind erforderlich, wenn Sie eine US-Adresse wünschen oder ein Bankkonto eröffnen möchten, nicht jedoch für die Unternehmensregistrierung.

Muss ich in den USA sein, um mein Unternehmen zu eröffnen?

Überhaupt nicht. Alle Einreichungen können aus der Ferne vorgenommen werden, wobei wir in den USA als Ihr Stellvertreter fungieren. In fast allen Fällen, wenn wir eine Unterschrift von unseren Kunden benötigen, kann dies elektronisch erfolgen.

Wahl des Staates

Wenn Sie vorhaben, Immobilien zu kaufen oder in den USA ein Geschäft für Ziegelsteine ​​und Mörtel zu eröffnen, wird empfohlen, Ihr Unternehmen in dem Bundesstaat zu gründen, in dem sich diese Immobilie oder das Geschäft befindet.

Die Mehrheit unserer Kunden wählt entweder Delaware oder Wyoming, da in Nevada höhere Gebühren anfallen. Sie können den Vergleich zwischen diesen drei Staaten hier sehen: Delaware vs. Nevada vs. Wyoming.

Wahl der Entität

Ausländer können hauptsächlich zwischen zwei Arten von Unternehmen wählen: LLC und C-Corporation. LLC ist aufgrund seiner Einfachheit, Flexibilität und Einzelbesteuerung die am häufigsten von unseren ausländischen Kunden gewählte Art von Unternehmen. Die C-Corporation wurde hauptsächlich von Jungunternehmern ausgewählt, die eine Angel- oder VC-Finanzierung suchen.

Einen Vergleich zwischen LLC und der C-Corporation finden Sie hier: LLC vs. Corporation Welche Unternehmenseinheit ist für mich das Richtige?

Einschränkungen und zu beachtende Dinge

Zunächst müssen Sie als Ausländer keine Sozialversicherungsnummer besitzen, um Ihr Unternehmen zu eröffnen und eine EIN (Unternehmenssteuer-ID) zu erhalten. Sie benötigen auch keine US-Adresse oder Telefonnummer. Wenn Sie jedoch eine US-Adresse und / oder ein Telefon haben möchten, können Sie sie von spezialisierten Anbietern erhalten (siehe Telefonanbieter hier und unsere US-Adressenlösungen hier).

Banken in den USA sind ein komplizierteres Thema. Es gibt einige Unternehmen im Internet, die internationalen Kunden helfen, ein Konto von einem entfernten Standort aus zu eröffnen. Wir warnen unsere Kunden jedoch, vorsichtig zu sein mit denen, die behaupten, sie könnten auf diese Weise helfen. Um mehr über das Bankgeschäft in den USA, die damit verbundenen Probleme und mögliche Lösungen zu erfahren, lesen Sie unseren Artikel "Eröffnung eines Bankkontos in den USA".

zusätzliche Information

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>tag:soundcloud,2010:tracks/554352222Sat, 05 Jan 2019 06:35:10 +0000MyUSACorporation EuropeRegistrierung Ihres Unternehmens in den USA Viele internationale Unternehmer möchten ihr Geschäft auf dem US-amerikanischen Markt aufbauen oder ausbauen. MyUSACorporation Europe ist darauf spezialisiert, diesen Unternehmern zu helfen, und wir möchten...
Viele internationale Unternehmer möchten ihr Geschäft auf dem US-amerikanischen Markt aufbauen oder ausbauen. MyUSACorporation Europe ist darauf spezialisiert, diesen Unternehmern zu helfen, und wir möchten Ihnen einige Ideen vorstellen, die Sie zuerst berücksichtigen sollten.

Welche Dokumente werden benötigt?

Um ein Unternehmen in den USA zu registrieren, müssen Sie keine Dokumente vorlegen, sondern lediglich Informationen. Dokumente sind erforderlich, wenn Sie eine US-Adresse wünschen oder ein Bankkonto eröffnen möchten, nicht jedoch für die Unternehmensregistrierung.

Muss ich in den USA sein, um mein Unternehmen zu eröffnen?

Überhaupt nicht. Alle Einreichungen können aus der Ferne vorgenommen werden, wobei wir in den USA als Ihr Stellvertreter fungieren. In fast allen Fällen, wenn wir eine Unterschrift von unseren Kunden benötigen, kann dies elektronisch erfolgen.

Wahl des Staates

Wenn Sie vorhaben, Immobilien zu kaufen oder in den USA ein Geschäft für Ziegelsteine ​​und Mörtel zu eröffnen, wird empfohlen, Ihr Unternehmen in dem Bundesstaat zu gründen, in dem sich diese Immobilie oder das Geschäft befindet.

Die Mehrheit unserer Kunden wählt entweder Delaware oder Wyoming, da in Nevada höhere Gebühren anfallen. Sie können den Vergleich zwischen diesen drei Staaten hier sehen: Delaware vs. Nevada vs. Wyoming.

Wahl der Entität

Ausländer können hauptsächlich zwischen zwei Arten von Unternehmen wählen: LLC und C-Corporation. LLC ist aufgrund seiner Einfachheit, Flexibilität und Einzelbesteuerung die am häufigsten von unseren ausländischen Kunden gewählte Art von Unternehmen. Die C-Corporation wurde hauptsächlich von Jungunternehmern ausgewählt, die eine Angel- oder VC-Finanzierung suchen.

Einen Vergleich zwischen LLC und der C-Corporation finden Sie hier: LLC vs. Corporation Welche Unternehmenseinheit ist für mich das Richtige?

Einschränkungen und zu beachtende Dinge

Zunächst müssen Sie als Ausländer keine Sozialversicherungsnummer besitzen, um Ihr Unternehmen zu eröffnen und eine EIN (Unternehmenssteuer-ID) zu erhalten. Sie benötigen auch keine US-Adresse oder Telefonnummer. Wenn Sie jedoch eine US-Adresse und / oder ein Telefon haben möchten, können Sie sie von spezialisierten Anbietern erhalten (siehe Telefonanbieter hier und unsere US-Adressenlösungen hier).

Banken in den USA sind ein komplizierteres Thema. Es gibt einige Unternehmen im Internet, die internationalen Kunden helfen, ein Konto von einem entfernten Standort aus zu eröffnen. Wir warnen unsere Kunden jedoch, vorsichtig zu sein mit denen, die behaupten, sie könnten auf diese Weise helfen. Um mehr über das Bankgeschäft in den USA, die damit verbundenen Probleme und mögliche Lösungen zu erfahren, lesen Sie unseren Artikel "Eröffnung eines Bankkontos in den USA".

zusätzliche Information

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>305cleanfullMyUSACorporation EuropeRegistrierung Ihres Unternehmens in den USA Viele internationale Unternehmer möchten ihr Geschäft auf dem US-amerikanischen Markt aufbauen oder ausbauen. MyUSACorporation Europe ist darauf spezialisiert, diesen Unternehmern zu helfen, und wir möchten Ihnen einige Ideen vorstellen, die Sie zuerst berücksichtigen sollten. Welche Dokumente werden benötigt? Um ein Unternehmen in den USA zu registrieren, müssen Sie keine Dokumente vorlegen, sondern lediglich Informationen. Dokumente sind erforderlich, wenn Sie eine US-Adresse wünschen oder ein Bankkonto eröffnen möchten, nicht jedoch für die Unternehmensregistrierung. Muss ich in den USA sein, um mein Unternehmen zu eröffnen? Überhaupt nicht. Alle Einreichungen können aus der Ferne vorgenommen werden, wobei wir in den USA als Ihr Stellvertreter fungieren. In fast allen Fällen, wenn wir eine Unterschrift von unseren Kunden benötigen, kann dies elektronisch erfolgen. Wahl des Staates Wenn Sie vorhaben, Immobilien zu kaufen oder in den USA ein Geschäft für Ziegelsteine ​​und Mörtel zu eröffnen, wird empfohlen, Ihr Unternehmen in dem Bundesstaat zu gründen, in dem sich diese Immobilie oder das Geschäft befindet. Die Mehrheit unserer Kunden wählt entweder Delaware oder Wyoming, da in Nevada höhere Gebühren anfallen. Sie können den Vergleich zwischen diesen drei Staaten hier sehen: Delaware vs. Nevada vs. Wyoming. Wahl der Entität Ausländer können hauptsächlich zwischen zwei Arten von Unternehmen wählen: LLC und C-Corporation. LLC ist aufgrund seiner Einfachheit, Flexibilität und Einzelbesteuerung die am häufigsten von unseren ausländischen Kunden gewählte Art von Unternehmen. Die C-Corporation wurde hauptsächlich von Jungunternehmern ausgewählt, die eine Angel- oder VC-Finanzierung suchen. Einen Vergleich zwischen LLC und der C-Corporation finden Sie hier: LLC vs. Corporation Welche Unternehmenseinheit ist für mich das Richtige? Einschränkungen und zu beachtende Dinge Zunächst müssen Sie als Ausländer keine Sozialversicherungsnummer besitzen, um Ihr Unternehmen zu eröffnen und eine EIN (Unternehmenssteuer-ID) zu erhalten. Sie benötigen auch keine US-Adresse oder Telefonnummer. Wenn Sie jedoch eine US-Adresse und / oder ein Telefon haben möchten, können Sie sie von spezialisierten Anbietern erhalten (siehe Telefonanbieter hier und unsere US-Adressenlösungen hier). Banken in den USA sind ein komplizierteres Thema. Es gibt einige Unternehmen im Internet, die internationalen Kunden helfen, ein Konto von einem entfernten Standort aus zu eröffnen. Wir warnen unsere Kunden jedoch, vorsichtig zu sein mit denen, die behaupten, sie könnten auf diese Weise helfen. Um mehr über das Bankgeschäft in den USA, die damit verbundenen Probleme und mögliche Lösungen zu erfahren, lesen Sie unseren Artikel "Eröffnung eines Bankkontos in den USA". zusätzliche Information https://www.myusacorporation.eu/incorporate-in-usa-from-europe.htmlNohttps://www.spreaker.com/user/myusacorporation/how-to-form-an-llc-step-by-step-manual
You are in the right place to start your business in the United States. You are going to start an LLC in Wyoming as a less expensive and most business friendly State. Here's some simple steps:

Please go to My USA Corporation Europe website
press Start an LLC button (blue)
select from the drop down menus Wyoming, Owners are non US persons/companies, Recommended Package and press Next Step button

Now you are on the pricing page
all included items is strongly recommended if you want to drive your US business with no headache
Please feel free to select or deselect any additional items like Certificate of incumbency also Banking Resolution if you are going to visit the US to open a bank account.

Please select the documents delivery options - it may be electronic delivery only - you will receive all the documents as a P D Fs or if you need hard copies of the documents you may select USPS - US mail international delivery or you may select FedEx or UPS delivery options.

US address is mandatory to start a company in the United states so please make sure SHOW ME - US business and mailing address option is selected - on the next page just select My USA Office address and desired location from a drop down menu. It's recommended but not a must to have a business in the same state your company is forming. If we are incorporating in Wyoming the best choice will be Cheyenne. But Wyoming allows to use any US address nationwide, for example, it seems address in New York is more prestigious - please feel free to select it.

The rest is as simple as one, two, three - just fill the contact information and company information blocks, then go to the checkout and the payment.

Thank you for your order! Now we will work on it and your company will be formed within the estimated time - for Wyoming LLC complete company registration time is 3 business weeks. Your LLC will be formed in one - three business days, the rest is obtaining your new company's E I N and the rest of documents preparation - Certified copy of articles of organization, operating agreement, certificate of incumbency and banking resolution if selected.

Done! Now you are US business owner. We wish you a good luck with your new business!

Thank you for choosing My USA Corporation for your business needs! My USA Corporation is your reliable partner since 2009.

https://www.myusacorporation.com/eu/form-llc/select-state.html]]>tag:soundcloud,2010:tracks/552577920Tue, 01 Jan 2019 07:48:37 +0000MyUSACorporation EuropeWelcome to My USA Corporation! You are in the right place to start your business in the United States. You are going to start an LLC in Wyoming as a less expensive and most business friendly State. Here's some simple steps: Please go to My USA...
You are in the right place to start your business in the United States. You are going to start an LLC in Wyoming as a less expensive and most business friendly State. Here's some simple steps:

Please go to My USA Corporation Europe website
press Start an LLC button (blue)
select from the drop down menus Wyoming, Owners are non US persons/companies, Recommended Package and press Next Step button

Now you are on the pricing page
all included items is strongly recommended if you want to drive your US business with no headache
Please feel free to select or deselect any additional items like Certificate of incumbency also Banking Resolution if you are going to visit the US to open a bank account.

Please select the documents delivery options - it may be electronic delivery only - you will receive all the documents as a P D Fs or if you need hard copies of the documents you may select USPS - US mail international delivery or you may select FedEx or UPS delivery options.

US address is mandatory to start a company in the United states so please make sure SHOW ME - US business and mailing address option is selected - on the next page just select My USA Office address and desired location from a drop down menu. It's recommended but not a must to have a business in the same state your company is forming. If we are incorporating in Wyoming the best choice will be Cheyenne. But Wyoming allows to use any US address nationwide, for example, it seems address in New York is more prestigious - please feel free to select it.

The rest is as simple as one, two, three - just fill the contact information and company information blocks, then go to the checkout and the payment.

Thank you for your order! Now we will work on it and your company will be formed within the estimated time - for Wyoming LLC complete company registration time is 3 business weeks. Your LLC will be formed in one - three business days, the rest is obtaining your new company's E I N and the rest of documents preparation - Certified copy of articles of organization, operating agreement, certificate of incumbency and banking resolution if selected.

Done! Now you are US business owner. We wish you a good luck with your new business!

Thank you for choosing My USA Corporation for your business needs! My USA Corporation is your reliable partner since 2009.

https://www.myusacorporation.com/eu/form-llc/select-state.html]]>167cleanfullMyUSACorporation EuropeWelcome to My USA Corporation! You are in the right place to start your business in the United States. You are going to start an LLC in Wyoming as a less expensive and most business friendly State. Here's some simple steps: Please go to My USA Corporation Europe website press Start an LLC button (blue) select from the drop down menus Wyoming, Owners are non US persons/companies, Recommended Package and press Next Step button Now you are on the pricing page all included items is strongly recommended if you want to drive your US business with no headache Please feel free to select or deselect any additional items like Certificate of incumbency also Banking Resolution if you are going to visit the US to open a bank account. Please select the documents delivery options - it may be electronic delivery only - you will receive all the documents as a P D Fs or if you need hard copies of the documents you may select USPS - US mail international delivery or you may select FedEx or UPS delivery options. US address is mandatory to start a company in the United states so please make sure SHOW ME - US business and mailing address option is selected - on the next page just select My USA Office address and desired location from a drop down menu. It's recommended but not a must to have a business in the same state your company is forming. If we are incorporating in Wyoming the best choice will be Cheyenne. But Wyoming allows to use any US address nationwide, for example, it seems address in New York is more prestigious - please feel free to select it. The rest is as simple as one, two, three - just fill the contact information and company information blocks, then go to the checkout and the payment. Thank you for your order! Now we will work on it and your company will be formed within the estimated time - for Wyoming LLC complete company registration time is 3 business weeks. Your LLC will be formed in one - three business days, the rest is obtaining your new company's E I N and the rest of documents preparation - Certified copy of articles of organization, operating agreement, certificate of incumbency and banking resolution if selected. Done! Now you are US business owner. We wish you a good luck with your new business! Thank you for choosing My USA Corporation for your business needs! My USA Corporation is your reliable partner since 2009. https://www.myusacorporation.com/eu/form-llc/select-state.htmlNohttps://www.spreaker.com/user/myusacorporation/how-to-incorporate-in-usa-from-europe
We touch this question first, because many of the prospects looking for US company registration are vaguely aware of the costs involved in launching a US business.

Initial Investment

It is crucial to understand that formal company registration is only a small part of the budget needed for launching your US business. Depending on the state of registration, entity type, and specific business needs, registration costs can run from as little as $300 to as high as $1000 and over. On average our Europeann clients spend between $600 and $700 on registration formalities.

Then there is a question of banking, and for many entrepreneurs also the question of merchant account (what many confusingly refer to as "payment gateway"). We discuss both further in this article, but if we consider the option of traveling to the US in order to open the bank account, or using a managed service, you should prepare an additional budget of $2000 minimum, with about half or it to be spent on the fees, and the rest to be kept as balance in the account.

To summarize, for proper company registration only, without opening a US bank account, prepare a budget of $600-$700. With banking your budget needs to be between $2,600 and $3,000. Keep in mind - this is just the initial investment needed to properly set up the company. Your business would need more money for the actual business activity, so make sure to take that into consideration when preparing your startup budget.
Running Costs

Beside initial investment, you would have monthly and annual costs, related specifically to maintaining your company. If you plan to lease a US address expect to pay between $20 and $99 each month (we offer our own professional solution called MyUSAOffice that offers addresses for as low as $299/year). Another recurring cost is the cost of Registered Agent service (we provide it for a competitive $99 a year). Banking would cost you another $20-$100 a month in bank fees and management fees if you opt for managed bank account services.

Most states have recurring maintenance fees, taxes and reports. For example, Wyoming has Annual Report of $52, while Delaware has franchise tax for LLCs ($300 a year) and both annual report and franchise tax for corporations, calculated based on some formula. Some states have no annual fees, but its rare.

And finally, depending on your company structure and activity, you might be required to file annual tax return (and in some cases - pay taxes), which means you need to hire the services of CPA (certified public accountant) and maybe even a bookkeeper. Filing simple tax returns should not cost more than $300-$500, however more complex cases would result in higher costs. Keep in mind, in some cases you as the owner would need to obtain Individual Tax ID Number (ITIN), adding another $300-$400 per partner, but it's a one time cost.

Conclusion

Before launching your business you should plan your budget carefully. Many clients make the mistake of hoping that some of the initial and running costs will be offset by the first clients they are counting on acquiring, but you should never build your business on hope - cold blooded calculations prove to be a more reliable tool in business.

We recommend preparing a setting aside a specific sum that would keep your business running for a year without any income whatsoever. In case of US business setting aside $4,000-$8,000 would go a long way to ensure your business is properly set up and funded for a year, giving you the necessary peace of mind to develop your product and customer base.

What does it take to form a US company?

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>tag:soundcloud,2010:tracks/551712468Sun, 30 Dec 2018 06:09:59 +0000MyUSACorporation EuropeWhat kind of money are we talking about? We touch this question first, because many of the prospects looking for US company registration are vaguely aware of the costs involved in launching a US business. Initial Investment It is crucial to...
We touch this question first, because many of the prospects looking for US company registration are vaguely aware of the costs involved in launching a US business.

Initial Investment

It is crucial to understand that formal company registration is only a small part of the budget needed for launching your US business. Depending on the state of registration, entity type, and specific business needs, registration costs can run from as little as $300 to as high as $1000 and over. On average our Europeann clients spend between $600 and $700 on registration formalities.

Then there is a question of banking, and for many entrepreneurs also the question of merchant account (what many confusingly refer to as "payment gateway"). We discuss both further in this article, but if we consider the option of traveling to the US in order to open the bank account, or using a managed service, you should prepare an additional budget of $2000 minimum, with about half or it to be spent on the fees, and the rest to be kept as balance in the account.

To summarize, for proper company registration only, without opening a US bank account, prepare a budget of $600-$700. With banking your budget needs to be between $2,600 and $3,000. Keep in mind - this is just the initial investment needed to properly set up the company. Your business would need more money for the actual business activity, so make sure to take that into consideration when preparing your startup budget.
Running Costs

Beside initial investment, you would have monthly and annual costs, related specifically to maintaining your company. If you plan to lease a US address expect to pay between $20 and $99 each month (we offer our own professional solution called MyUSAOffice that offers addresses for as low as $299/year). Another recurring cost is the cost of Registered Agent service (we provide it for a competitive $99 a year). Banking would cost you another $20-$100 a month in bank fees and management fees if you opt for managed bank account services.

Most states have recurring maintenance fees, taxes and reports. For example, Wyoming has Annual Report of $52, while Delaware has franchise tax for LLCs ($300 a year) and both annual report and franchise tax for corporations, calculated based on some formula. Some states have no annual fees, but its rare.

And finally, depending on your company structure and activity, you might be required to file annual tax return (and in some cases - pay taxes), which means you need to hire the services of CPA (certified public accountant) and maybe even a bookkeeper. Filing simple tax returns should not cost more than $300-$500, however more complex cases would result in higher costs. Keep in mind, in some cases you as the owner would need to obtain Individual Tax ID Number (ITIN), adding another $300-$400 per partner, but it's a one time cost.

Conclusion

Before launching your business you should plan your budget carefully. Many clients make the mistake of hoping that some of the initial and running costs will be offset by the first clients they are counting on acquiring, but you should never build your business on hope - cold blooded calculations prove to be a more reliable tool in business.

We recommend preparing a setting aside a specific sum that would keep your business running for a year without any income whatsoever. In case of US business setting aside $4,000-$8,000 would go a long way to ensure your business is properly set up and funded for a year, giving you the necessary peace of mind to develop your product and customer base.

What does it take to form a US company?

https://www.myusacorporation.eu/incorporate-in-usa-from-europe.html]]>1833cleanfullMyUSACorporation EuropeWhat kind of money are we talking about? We touch this question first, because many of the prospects looking for US company registration are vaguely aware of the costs involved in launching a US business. Initial Investment It is crucial to understand that formal company registration is only a small part of the budget needed for launching your US business. Depending on the state of registration, entity type, and specific business needs, registration costs can run from as little as $300 to as high as $1000 and over. On average our Europeann clients spend between $600 and $700 on registration formalities. Then there is a question of banking, and for many entrepreneurs also the question of merchant account (what many confusingly refer to as "payment gateway"). We discuss both further in this article, but if we consider the option of traveling to the US in order to open the bank account, or using a managed service, you should prepare an additional budget of $2000 minimum, with about half or it to be spent on the fees, and the rest to be kept as balance in the account. To summarize, for proper company registration only, without opening a US bank account, prepare a budget of $600-$700. With banking your budget needs to be between $2,600 and $3,000. Keep in mind - this is just the initial investment needed to properly set up the company. Your business would need more money for the actual business activity, so make sure to take that into consideration when preparing your startup budget. Running Costs Beside initial investment, you would have monthly and annual costs, related specifically to maintaining your company. If you plan to lease a US address expect to pay between $20 and $99 each month (we offer our own professional solution called MyUSAOffice that offers addresses for as low as $299/year). Another recurring cost is the cost of Registered Agent service (we provide it for a competitive $99 a year). Banking would cost you another $20-$100 a month in bank fees and management fees if you opt for managed bank account services. Most states have recurring maintenance fees, taxes and reports. For example, Wyoming has Annual Report of $52, while Delaware has franchise tax for LLCs ($300 a year) and both annual report and franchise tax for corporations, calculated based on some formula. Some states have no annual fees, but its rare. And finally, depending on your company structure and activity, you might be required to file annual tax return (and in some cases - pay taxes), which means you need to hire the services of CPA (certified public accountant) and maybe even a bookkeeper. Filing simple tax returns should not cost more than $300-$500, however more complex cases would result in higher costs. Keep in mind, in some cases you as the owner would need to obtain Individual Tax ID Number (ITIN), adding another $300-$400 per partner, but it's a one time cost. Conclusion Before launching your business you should plan your budget carefully. Many clients make the mistake of hoping that some of the initial and running costs will be offset by the first clients they are counting on acquiring, but you should never build your business on hope - cold blooded calculations prove to be a more reliable tool in business. We recommend preparing a setting aside a specific sum that would keep your business running for a year without any income whatsoever. In case of US business setting aside $4,000-$8,000 would go a long way to ensure your business is properly set up and funded for a year, giving you the necessary peace of mind to develop your product and customer base. What does it take to form a US company? https://www.myusacorporation.eu/incorporate-in-usa-from-europe.htmlNohttps://www.spreaker.com/user/myusacorporation/u-s-taxation-for-real-estate-investors
Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules. Beware that U.S. taxation of non-residents can be a complex topic and simply changing one fact can change your tax reporting obligation.

It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article.

Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help.
Explaining Types of Taxes
U.S. Income Tax

How does U.S. income tax works? This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City).

However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how.

Property Taxes - Learn more:
https://www.myusacorporation.eu/us-taxation-for-real-estate-investors.html]]>tag:soundcloud,2010:tracks/551501385Sat, 29 Dec 2018 18:09:01 +0000MyUSACorporation EuropeWhen investing in the U.S. you need to be aware of the basics of U.S. taxation. Certain taxes such as sales and use taxes typically would not concern a real estate investor, while other taxes such as income tax and property taxes are crucial to...
Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules. Beware that U.S. taxation of non-residents can be a complex topic and simply changing one fact can change your tax reporting obligation.

It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article.

Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help.
Explaining Types of Taxes
U.S. Income Tax

How does U.S. income tax works? This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City).

However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how.

Property Taxes - Learn more:
https://www.myusacorporation.eu/us-taxation-for-real-estate-investors.html]]>1102cleanfullMyUSACorporation EuropeWhen investing in the U.S. you need to be aware of the basics of U.S. taxation. Certain taxes such as sales and use taxes typically would not concern a real estate investor, while other taxes such as income tax and property taxes are crucial to understand. We will cover these two types of taxes in this article. Let’s start from a little disclaimer: U.S. taxation of nonresidents can be a fairly complex issue and involves many specific fact points that determine if the non-residents are subject to US taxation or not. This article attempts to capture the most typical scenarios and analyze them in the context of current (2014-2016) U.S. taxation rules. Beware that U.S. taxation of non-residents can be a complex topic and simply changing one fact can change your tax reporting obligation. It is impossible to know your specific tax obligations without a lot more information about your U.S. related business, so please use the information presented here for reference only. If you need more specific tax advice refer to the information at the end of this article. Ok, now that we have cleared this very important point, let’s move on and analyze a few of the most common cases. If you don’t find your case among those listed here no worries - just ask your questions here and we will try to help. Explaining Types of Taxes U.S. Income Tax How does U.S. income tax works? This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City). However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how. Property Taxes - Learn more: https://www.myusacorporation.eu/us-taxation-for-real-estate-investors.htmlNohttps://www.spreaker.com/user/myusacorporation/how-to-certify-company-documents-for-use
In all of the cases above an American document, even a copy certified for use in the U.S., will not be acceptable. An apostille must be attached to the U.S. document to authenticate that document for use in countries that are Hague Convention signatories, and embassy certification for countries that aren't.

Apostille

What Is an Apostille?

An apostille (french for certification) is a special seal applied by a government authority to certify that a document is a true copy of an original.

Apostilles are available in countries, which signed the 1961 Hague Convention Abolishing the Requirement of Legalization of Foreign Public Documents, popularly known as The Hague Convention. This convention replaces the previously used time-consuming chain certification process, where you had to go to four different authorities to get a document certified. The Hague Convention provides for the simplified certification of public (including notarized) documents to be used in countries and territories that have joined the convention.

Documents destined for use in participating countries and their territories should be certified by one of the officials in the jurisdiction in which the document has been executed. With this certification by the Hague Convention Apostille, the document is entitled to recognition in the country of intended use, and no certification by the U.S. Department of State, Authentications Office or legalization by the embassy or consulate is required.

Note, while the apostille is an official certification that the document is a true copy of the original, it does not certify that the original document's content is correct.

Who Can Get an Apostille?

Since October 15, 1981, the United States has been part of the 1961 Hague Convention abolishing the Requirement of Legalization for Foreign Public Documents. Anyone who needs to use a U.S. public document (such as Articles of Organization or Incorporation issued by a Secretary of State) in one of the Hague Convention countries may request and obtain an apostille for that specific country.

How to Get an Apostille?

Obtaining an apostille can be a complex process. In most American states, the process entails obtaining an original, certified copy of the document you seek to confirm with an apostille from the issuing agency and then forwarding it to a Secretary of State (or equivalent) of the state in question with a request for apostille.

Embassy Certification

In countries which are not signatories to the 1961 convention and do not recognize the apostille, a foreign public document must be legalized by a consular officer in the country which issued the document. In lieu of an apostille, documents in the U.S. usually will receive a Certificate of Authentication.

Legalization is usually accomplished by sending a certified copy of the document to U.S. Department of State in Washington, D.C., for authentication, and then legalizing the authenticated copy with the consular authority for the country where the document is intended to be used.

Ready to Order?

Whether the country you need certification for is a Hague Convention signatory or not, we will prepare and file your Apostille or Embassy Certification application in professional manner, all you need to do is complete our simple order form.

https://www.myusacorporation.eu/international-certification.html]]>tag:soundcloud,2010:tracks/551393583Sat, 29 Dec 2018 11:10:58 +0000MyUSACorporation EuropeIf you need to use a document issued in the U.S. (such as Articles of Incorporation) abroad, that document needs to be certified for foreign use, either by having an apostille affixed to it, or by certifying it at the embassy of the country where it...
In all of the cases above an American document, even a copy certified for use in the U.S., will not be acceptable. An apostille must be attached to the U.S. document to authenticate that document for use in countries that are Hague Convention signatories, and embassy certification for countries that aren't.

Apostille

What Is an Apostille?

An apostille (french for certification) is a special seal applied by a government authority to certify that a document is a true copy of an original.

Apostilles are available in countries, which signed the 1961 Hague Convention Abolishing the Requirement of Legalization of Foreign Public Documents, popularly known as The Hague Convention. This convention replaces the previously used time-consuming chain certification process, where you had to go to four different authorities to get a document certified. The Hague Convention provides for the simplified certification of public (including notarized) documents to be used in countries and territories that have joined the convention.

Documents destined for use in participating countries and their territories should be certified by one of the officials in the jurisdiction in which the document has been executed. With this certification by the Hague Convention Apostille, the document is entitled to recognition in the country of intended use, and no certification by the U.S. Department of State, Authentications Office or legalization by the embassy or consulate is required.

Note, while the apostille is an official certification that the document is a true copy of the original, it does not certify that the original document's content is correct.

Who Can Get an Apostille?

Since October 15, 1981, the United States has been part of the 1961 Hague Convention abolishing the Requirement of Legalization for Foreign Public Documents. Anyone who needs to use a U.S. public document (such as Articles of Organization or Incorporation issued by a Secretary of State) in one of the Hague Convention countries may request and obtain an apostille for that specific country.

How to Get an Apostille?

Obtaining an apostille can be a complex process. In most American states, the process entails obtaining an original, certified copy of the document you seek to confirm with an apostille from the issuing agency and then forwarding it to a Secretary of State (or equivalent) of the state in question with a request for apostille.

Embassy Certification

In countries which are not signatories to the 1961 convention and do not recognize the apostille, a foreign public document must be legalized by a consular officer in the country which issued the document. In lieu of an apostille, documents in the U.S. usually will receive a Certificate of Authentication.

Legalization is usually accomplished by sending a certified copy of the document to U.S. Department of State in Washington, D.C., for authentication, and then legalizing the authenticated copy with the consular authority for the country where the document is intended to be used.

Ready to Order?

Whether the country you need certification for is a Hague Convention signatory or not, we will prepare and file your Apostille or Embassy Certification application in professional manner, all you need to do is complete our simple order form.250cleanfullMyUSACorporation EuropeIf you need to use a document issued in the U.S. (such as Articles of Incorporation) abroad, that document needs to be certified for foreign use, either by having an apostille affixed to it, or by certifying it at the embassy of the country where it will be used. Examples of such use are opening a bank account in the foreign country in the name of your U.S. company, registering your U.S. company with foreign government authorities, or even when proof of existence of a U.S. company is required to enter in to a contract abroad. In all of the cases above an American document, even a copy certified for use in the U.S., will not be acceptable. An apostille must be attached to the U.S. document to authenticate that document for use in countries that are Hague Convention signatories, and embassy certification for countries that aren't. Apostille What Is an Apostille? An apostille (french for certification) is a special seal applied by a government authority to certify that a document is a true copy of an original. Apostilles are available in countries, which signed the 1961 Hague Convention Abolishing the Requirement of Legalization of Foreign Public Documents, popularly known as The Hague Convention. This convention replaces the previously used time-consuming chain certification process, where you had to go to four different authorities to get a document certified. The Hague Convention provides for the simplified certification of public (including notarized) documents to be used in countries and territories that have joined the convention. Documents destined for use in participating countries and their territories should be certified by one of the officials in the jurisdiction in which the document has been executed. With this certification by the Hague Convention Apostille, the document is entitled to recognition in the country of intended use, and no certification by the U.S. Department of State, Authentications Office or legalization by the embassy or consulate is required. Note, while the apostille is an official certification that the document is a true copy of the original, it does not certify that the original document's content is correct. Who Can Get an Apostille? Since October 15, 1981, the United States has been part of the 1961 Hague Convention abolishing the Requirement of Legalization for Foreign Public Documents. Anyone who needs to use a U.S. public document (such as Articles of Organization or Incorporation issued by a Secretary of State) in one of the Hague Convention countries may request and obtain an apostille for that specific country. How to Get an Apostille? Obtaining an apostille can be a complex process. In most American states, the process entails obtaining an original, certified copy of the document you seek to confirm with an apostille from the issuing agency and then forwarding it to a Secretary of State (or equivalent) of the state in question with a request for apostille. Embassy Certification In countries which are not signatories to the 1961 convention and do not recognize the apostille, a foreign public document must be legalized by a consular officer in the country which issued the document. In lieu of an apostille, documents in the U.S. usually will receive a Certificate of Authentication. Legalization is usually accomplished by sending a certified copy of the document to U.S. Department of State in Washington, D.C., for authentication, and then legalizing the authenticated copy with the consular authority for the country where the document is intended to be used. Ready to Order? Whether the country you need certification for is a Hague Convention signatory or not, we will prepare and file your Apostille or Embassy Certification application in professional manner, all you need to do is complete our simple order form. https://www.myusacorporation.eu/international-certification.htmlNohttps://www.spreaker.com/user/myusacorporation/how-to-obtain-certificate-of-good-standi
To obtain Good Standing Certificate your company must be:

registered as a legal entity in your state,
cannot be in default of corporate rules or suspended by the state,
must be current on all tax filings and obligations (certificate will be issued only if the taxpayer is in full compliance).

Other Names

Other names for Certificate of good standing are: "Certificate of Facts", "Certificate of Existence", "Certificate of Status", "Letter of good standing".

What Is It Used For

Business entities use Certificate of Good Standing to prove they are incorporated (organized) and authorized to do business in the state. During the financing process, banks will often require such certificate from a business.

Typically Certificate of Good Standing might be required for the following:

opening bank account,
completing an official business transaction or a contract,
forming Foreign Entity in a different state,
selling the business,
to prove that a company has come back into compliance with the state of formation.

If your company fell out of compliance and has not fixed the issues that caused it then obtaining this document will show that your company does exist but is considered "in bad standing" with the state.

Who Issues The Certificate

Certificates of Good Standing are issued by the Secretary of State (or equivalent agency responsible for filing entities and maintaining state records) in which the entity is formed, or in which it has qualified as a "Foreign Entity".

Ready to Order?

We will prepare and file all the necessary forms in order to obtain the certificate of good standing you require, all you need to do is complete our simple order form.

Ready to Obtain Your Certificate of Good Standing?

https://www.myusacorporation.eu/certificate-of-good-standing.html]]>tag:soundcloud,2010:tracks/551391189Sat, 29 Dec 2018 10:58:59 +0000MyUSACorporation EuropeCertificate of Good Standing is a certificate issued by the Secretary of State's (or equivalent agency) evidencing that a business (corporation, LLC, partnership, etc.) has complied with the applicable provisions of the laws of the state, is in good...
To obtain Good Standing Certificate your company must be:

registered as a legal entity in your state,
cannot be in default of corporate rules or suspended by the state,
must be current on all tax filings and obligations (certificate will be issued only if the taxpayer is in full compliance).

Other Names

Other names for Certificate of good standing are: "Certificate of Facts", "Certificate of Existence", "Certificate of Status", "Letter of good standing".

What Is It Used For

Business entities use Certificate of Good Standing to prove they are incorporated (organized) and authorized to do business in the state. During the financing process, banks will often require such certificate from a business.

Typically Certificate of Good Standing might be required for the following:

opening bank account,
completing an official business transaction or a contract,
forming Foreign Entity in a different state,
selling the business,
to prove that a company has come back into compliance with the state of formation.

If your company fell out of compliance and has not fixed the issues that caused it then obtaining this document will show that your company does exist but is considered "in bad standing" with the state.

Who Issues The Certificate

Certificates of Good Standing are issued by the Secretary of State (or equivalent agency responsible for filing entities and maintaining state records) in which the entity is formed, or in which it has qualified as a "Foreign Entity".

Ready to Order?

We will prepare and file all the necessary forms in order to obtain the certificate of good standing you require, all you need to do is complete our simple order form.

Ready to Obtain Your Certificate of Good Standing?

https://www.myusacorporation.eu/certificate-of-good-standing.html]]>140cleanfullMyUSACorporation EuropeCertificate of Good Standing is a certificate issued by the Secretary of State's (or equivalent agency) evidencing that a business (corporation, LLC, partnership, etc.) has complied with the applicable provisions of the laws of the state, is in good standing, and authorized to transact business or to conduct affairs within the state. To obtain Good Standing Certificate your company must be: registered as a legal entity in your state, cannot be in default of corporate rules or suspended by the state, must be current on all tax filings and obligations (certificate will be issued only if the taxpayer is in full compliance). Other Names Other names for Certificate of good standing are: "Certificate of Facts", "Certificate of Existence", "Certificate of Status", "Letter of good standing". What Is It Used For Business entities use Certificate of Good Standing to prove they are incorporated (organized) and authorized to do business in the state. During the financing process, banks will often require such certificate from a business. Typically Certificate of Good Standing might be required for the following: opening bank account, completing an official business transaction or a contract, forming Foreign Entity in a different state, selling the business, to prove that a company has come back into compliance with the state of formation. If your company fell out of compliance and has not fixed the issues that caused it then obtaining this document will show that your company does exist but is considered "in bad standing" with the state. Who Issues The Certificate Certificates of Good Standing are issued by the Secretary of State (or equivalent agency responsible for filing entities and maintaining state records) in which the entity is formed, or in which it has qualified as a "Foreign Entity". Ready to Order? We will prepare and file all the necessary forms in order to obtain the certificate of good standing you require, all you need to do is complete our simple order form. Ready to Obtain Your Certificate of Good Standing? https://www.myusacorporation.eu/certificate-of-good-standing.htmlNohttps://www.spreaker.com/user/myusacorporation/how-to-file-s-corporation-election
In addition to federal election, three states (New York, New Jersey and Arkansas) require S-Corporations to file state election application, after the IRS has approved the federal election.

Eligibility for S-Corporation Status

In order to elect S corporation status, a corporation must satisfy the following requirements:

Must be a domestic corporation, organized under the laws of any state or U.S. territory,
Maintain only one class of stock,
Maintain a maximum of 100 shareholders,
Shareholders may only be individuals, estates or certain qualified trusts,
All shareholders must either be U.S. citizens or legal residents.

When Should the Election Be Filed?

In order for the election to be effective as of the beginning of that tax year, election must be filed on or before the 15th day of the 3rd month of the corporation's tax year. For example, a corporation that is on a calendar tax year must file on or before March 15th in order for the election to be effective for that tax year.

Termination of S Corporation Status

S corporation status can be terminated either voluntarily or involuntarily:

Voluntarily:

S-Corporation election may be voluntarily revoked with the consent of shareholders holding more than 50 percent of the outstanding shares of stock (voting and nonvoting) on the day the revocation is made.

Involuntarily:

S-Corporation status is involuntarily terminated if any of the disqualifying events occur. A disqualifying event is one that would prohibit the corporation from making the election in the first place. Examples of disqualifying events would include having more than 100 shareholders, a shareholder that is other than an individual, estate, or trust, or a shareholder who is a non-resident alien.

Generally, the election is automatically terminated as of the date on which the disqualifying event occurs. However, if a corporation has both accumulated earnings and profits as well as passive investment income that exceeds 25 percent of the corporation's gross receipts for three consecutive years, the corporation election will be terminated beginning with the following tax year.

Re-election of S Corporation Status

A corporation may re-elect S corporation status only on the 5th year after the year in which the termination or revocation became effective.

Ready to Order?

We will prepare and file your S-Corporation Election application with the IRS and if necessary with the state authorities as well, all you need to do is complete our simple order form.

Ready to File S-Corporation Election?

https://www.myusacorporation.eu/election.html]]>tag:soundcloud,2010:tracks/551389650Sat, 29 Dec 2018 10:50:07 +0000MyUSACorporation EuropeThe election of S corporation status is made by filing a form called "Election by a Small Business Corporation" with the IRS Service Center, where the corporation files its corporate federal income tax return. The election of the S corporation status...
In addition to federal election, three states (New York, New Jersey and Arkansas) require S-Corporations to file state election application, after the IRS has approved the federal election.

Eligibility for S-Corporation Status

In order to elect S corporation status, a corporation must satisfy the following requirements:

Must be a domestic corporation, organized under the laws of any state or U.S. territory,
Maintain only one class of stock,
Maintain a maximum of 100 shareholders,
Shareholders may only be individuals, estates or certain qualified trusts,
All shareholders must either be U.S. citizens or legal residents.

When Should the Election Be Filed?

In order for the election to be effective as of the beginning of that tax year, election must be filed on or before the 15th day of the 3rd month of the corporation's tax year. For example, a corporation that is on a calendar tax year must file on or before March 15th in order for the election to be effective for that tax year.

Termination of S Corporation Status

S corporation status can be terminated either voluntarily or involuntarily:

Voluntarily:

S-Corporation election may be voluntarily revoked with the consent of shareholders holding more than 50 percent of the outstanding shares of stock (voting and nonvoting) on the day the revocation is made.

Involuntarily:

S-Corporation status is involuntarily terminated if any of the disqualifying events occur. A disqualifying event is one that would prohibit the corporation from making the election in the first place. Examples of disqualifying events would include having more than 100 shareholders, a shareholder that is other than an individual, estate, or trust, or a shareholder who is a non-resident alien.

Generally, the election is automatically terminated as of the date on which the disqualifying event occurs. However, if a corporation has both accumulated earnings and profits as well as passive investment income that exceeds 25 percent of the corporation's gross receipts for three consecutive years, the corporation election will be terminated beginning with the following tax year.

Re-election of S Corporation Status

A corporation may re-elect S corporation status only on the 5th year after the year in which the termination or revocation became effective.

Ready to Order?

We will prepare and file your S-Corporation Election application with the IRS and if necessary with the state authorities as well, all you need to do is complete our simple order form.

Ready to File S-Corporation Election?

https://www.myusacorporation.eu/election.html]]>205cleanfullMyUSACorporation EuropeThe election of S corporation status is made by filing a form called "Election by a Small Business Corporation" with the IRS Service Center, where the corporation files its corporate federal income tax return. The election of the S corporation status must be unanimously approved by all of the shareholders by having all of them sign the "Election by a Small Business Corporation" form. In addition to federal election, three states (New York, New Jersey and Arkansas) require S-Corporations to file state election application, after the IRS has approved the federal election. Eligibility for S-Corporation Status In order to elect S corporation status, a corporation must satisfy the following requirements: Must be a domestic corporation, organized under the laws of any state or U.S. territory, Maintain only one class of stock, Maintain a maximum of 100 shareholders, Shareholders may only be individuals, estates or certain qualified trusts, All shareholders must either be U.S. citizens or legal residents. When Should the Election Be Filed? In order for the election to be effective as of the beginning of that tax year, election must be filed on or before the 15th day of the 3rd month of the corporation's tax year. For example, a corporation that is on a calendar tax year must file on or before March 15th in order for the election to be effective for that tax year. Termination of S Corporation Status S corporation status can be terminated either voluntarily or involuntarily: Voluntarily: S-Corporation election may be voluntarily revoked with the consent of shareholders holding more than 50 percent of the outstanding shares of stock (voting and nonvoting) on the day the revocation is made. Involuntarily: S-Corporation status is involuntarily terminated if any of the disqualifying events occur. A disqualifying event is one that would prohibit the corporation from making the election in the first place. Examples of disqualifying events would include having more than 100 shareholders, a shareholder that is other than an individual, estate, or trust, or a shareholder who is a non-resident alien. Generally, the election is automatically terminated as of the date on which the disqualifying event occurs. However, if a corporation has both accumulated earnings and profits as well as passive investment income that exceeds 25 percent of the corporation's gross receipts for three consecutive years, the corporation election will be terminated beginning with the following tax year. Re-election of S Corporation Status A corporation may re-elect S corporation status only on the 5th year after the year in which the termination or revocation became effective. Ready to Order? We will prepare and file your S-Corporation Election application with the IRS and if necessary with the state authorities as well, all you need to do is complete our simple order form. Ready to File S-Corporation Election? https://www.myusacorporation.eu/election.htmlNohttps://www.spreaker.com/user/myusacorporation/what-is-s-corporation-and-how-to-form-on
An eligible domestic corporation (C-Corporation) can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S Corporation. Generally, an S Corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S Corporation's shareholders include their share of the corporation's income or loss.
S-Corporation vs. C-Corporation
Advantages:

Like C-Corporations, S-Corporations are separate legal entities from their shareholders and, under state laws, generally provide their shareholders with the same liability protection afforded to the shareholders of C corporations.
Unlike C-Corporations, for Federal income tax purposes taxation of S corporations resembles that of partnerships. Thus, income is taxed at the shareholder level and not at the corporate level.
Certain corporate penalty taxes (e.g., accumulated earnings tax, personal holding company tax) and the alternative minimum tax do not apply to an S-Corporation.

Disadvantages:

Unlike a C-Corporation, an S-Corporation is not eligible for a dividends received deduction (a tax deduction received by a corporation on the dividends paid to it by other corporations in which it has an ownership stake).
Unlike a C-Corporation, an S-Corporation is not subject to the 10% of taxable income limitation applicable to charitable contribution deductions.
Unlike a C-Corporation, ownership of an S-Corporation is significantly restricted (read next).

Who Can Form an S-Corporation?

S-Corporations are more suitable for small and family businesses, and for those who start their business with small investment. Also, some existing businesses qualify for S-Corporation status.

To form S-Corporation or to change your existing C-Corporation into S-Corporation (also called " Election of S-Corporation Status") certain conditions must be met:

S-Corporation cannot have more than 100 shareholders.
All shareholders must be either U.S. citizens or residents, estates, or certain trusts.
Can only have one class of stock. Preferred stock is not allowed.
Profits and losses must be accorded to owners in proportion with their ownership stake.
Must use the calendar year as its fiscal year unless it can demonstrate to the IRS that another fiscal year satisfies a business purpose.
Shareholders cannot deduct losses in excess of their investment.
The corporation cannot deduct fringe benefits given to employees who own more than 2% of the corporation.

Filing With IRS And The State

S-Corporation Election is filed with the IRS (Election by a Small Business Corporation, Form 2553), and that election is recognized by all states. with the exception of New York, New Jersey and Arkansas, which require additional state filing.
S-Corporation Advantages

Forming S-Corporation generally allows you to pass business losses through to your personal income tax return, where you can use it to offset any income that you have from other sources.
S-Corporation shareholders are not subject to self-employment taxes. These taxes, which add up to more than 15% of your income, are used to pay your Social Security and Medicare taxes.
When you sell your S-Corporation, your taxable gain on the sale of the business can be less than it would have been had you operated the business as a regular corporation.

Taxation of S-Corporations

https://www.myusacorporation.eu/s-corp.html]]>tag:soundcloud,2010:tracks/551355318Sat, 29 Dec 2018 07:31:44 +0000MyUSACorporation EuropeS-Corporation is a regular corporation that has 100 shareholders or less and that passes-through net income or losses to its shareholders for tax purposes (similar to sole proprietorship or partnership). Since all corporate income is "passed through"...
An eligible domestic corporation (C-Corporation) can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S Corporation. Generally, an S Corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S Corporation's shareholders include their share of the corporation's income or loss.
S-Corporation vs. C-Corporation
Advantages:

Like C-Corporations, S-Corporations are separate legal entities from their shareholders and, under state laws, generally provide their shareholders with the same liability protection afforded to the shareholders of C corporations.
Unlike C-Corporations, for Federal income tax purposes taxation of S corporations resembles that of partnerships. Thus, income is taxed at the shareholder level and not at the corporate level.
Certain corporate penalty taxes (e.g., accumulated earnings tax, personal holding company tax) and the alternative minimum tax do not apply to an S-Corporation.

Disadvantages:

Unlike a C-Corporation, an S-Corporation is not eligible for a dividends received deduction (a tax deduction received by a corporation on the dividends paid to it by other corporations in which it has an ownership stake).
Unlike a C-Corporation, an S-Corporation is not subject to the 10% of taxable income limitation applicable to charitable contribution deductions.
Unlike a C-Corporation, ownership of an S-Corporation is significantly restricted (read next).

Who Can Form an S-Corporation?

S-Corporations are more suitable for small and family businesses, and for those who start their business with small investment. Also, some existing businesses qualify for S-Corporation status.

To form S-Corporation or to change your existing C-Corporation into S-Corporation (also called " Election of S-Corporation Status") certain conditions must be met:

S-Corporation cannot have more than 100 shareholders.
All shareholders must be either U.S. citizens or residents, estates, or certain trusts.
Can only have one class of stock. Preferred stock is not allowed.
Profits and losses must be accorded to owners in proportion with their ownership stake.
Must use the calendar year as its fiscal year unless it can demonstrate to the IRS that another fiscal year satisfies a business purpose.
Shareholders cannot deduct losses in excess of their investment.
The corporation cannot deduct fringe benefits given to employees who own more than 2% of the corporation.

Filing With IRS And The State

S-Corporation Election is filed with the IRS (Election by a Small Business Corporation, Form 2553), and that election is recognized by all states. with the exception of New York, New Jersey and Arkansas, which require additional state filing.
S-Corporation Advantages

Forming S-Corporation generally allows you to pass business losses through to your personal income tax return, where you can use it to offset any income that you have from other sources.
S-Corporation shareholders are not subject to self-employment taxes. These taxes, which add up to more than 15% of your income, are used to pay your Social Security and Medicare taxes.
When you sell your S-Corporation, your taxable gain on the sale of the business can be less than it would have been had you operated the business as a regular...]]>436cleanfullMyUSACorporation EuropeS-Corporation is a regular corporation that has 100 shareholders or less and that passes-through net income or losses to its shareholders for tax purposes (similar to sole proprietorship or partnership). Since all corporate income is "passed through" directly to the shareholders who include the income on their individual tax returns, S Corporation are not subject to double taxation. An eligible domestic corporation (C-Corporation) can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S Corporation. Generally, an S Corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S Corporation's shareholders include their share of the corporation's income or loss. S-Corporation vs. C-Corporation Advantages: Like C-Corporations, S-Corporations are separate legal entities from their shareholders and, under state laws, generally provide their shareholders with the same liability protection afforded to the shareholders of C corporations. Unlike C-Corporations, for Federal income tax purposes taxation of S corporations resembles that of partnerships. Thus, income is taxed at the shareholder level and not at the corporate level. Certain corporate penalty taxes (e.g., accumulated earnings tax, personal holding company tax) and the alternative minimum tax do not apply to an S-Corporation. Disadvantages: Unlike a C-Corporation, an S-Corporation is not eligible for a dividends received deduction (a tax deduction received by a corporation on the dividends paid to it by other corporations in which it has an ownership stake). Unlike a C-Corporation, an S-Corporation is not subject to the 10% of taxable income limitation applicable to charitable contribution deductions. Unlike a C-Corporation, ownership of an S-Corporation is significantly restricted (read next). Who Can Form an S-Corporation? S-Corporations are more suitable for small and family businesses, and for those who start their business with small investment. Also, some existing businesses qualify for S-Corporation status. To form S-Corporation or to change your existing C-Corporation into S-Corporation (also called " Election of S-Corporation Status") certain conditions must be met: S-Corporation cannot have more than 100 shareholders. All shareholders must be either U.S. citizens or residents, estates, or certain trusts. Can only have one class of stock. Preferred stock is not allowed. Profits and losses must be accorded to owners in proportion with their ownership stake. Must use the calendar year as its fiscal year unless it can demonstrate to the IRS that another fiscal year satisfies a business purpose. Shareholders cannot deduct losses in excess of their investment. The corporation cannot deduct fringe benefits given to employees who own more than 2% of the corporation. Filing With IRS And The State S-Corporation Election is filed with the IRS (Election by a Small Business Corporation, Form 2553), and that election is recognized by all states. with the exception of New York, New Jersey and Arkansas, which require additional state filing. S-Corporation Advantages Forming S-Corporation generally allows you to pass business losses through to your personal income tax return, where you can use it to offset any income that you have from other sources. S-Corporation shareholders are not subject to self-employment taxes. These taxes, which add up to more than 15% of your income, are used to pay your Social Security and Medicare taxes. When you sell your S-Corporation, your taxable gain on the sale of the business can be less than it would have been had you operated the business as a regular corporation. Taxation of S-Corporations https://www.myusacorporation.eu/s-corp.htmlNohttps://www.spreaker.com/user/myusacorporation/registering-your-company-in-the-u-sRegistering Your Company In The U.S.

Many international entrepreneurs are looking to create or expand their business into the U.S. market. MyUSACorporation.com specializes in helping those entrepreneurs, and we would like to present you with several ideas to consider first.
What Documents Are Needed?

First of all, to register a company in the U.S. you don't need to present any documents - only information. Documents would be necessary in case you want a US address or need to open a bank account, but not for company registration.
Do I Need To Be In The U.S. To Open My Company?

Not at all. All filings can be done remotely, with us serving as your proxy in the U.S. In almost all cases when we need a signature from our clients this can be done electronically.
Choice of State

If you plan to buy real estate property, or open a "brick and mortar" store in the U.S. it is recommended to form your company in the state where this property or store is physically located.

Majority of our clients choose either Delaware or Wyoming, due to more expensive fees in Nevada. You can see the comparison between those 3 states here: DE vs. NV vs. WY.
Choice of Entity

Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing.

You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation also Which Business Entity Is Right For Me?.
Restrictions and Things to Consider

First of all, as a foreigner you are not required to have Social Security Number to open your company and obtain EIN (company tax ID). You also don’t need to have a U.S. address or phone number, however if you like to have U.S. address and/or phone it’s possible to obtain them from specializing vendors (see phone vendors here, and our U.S. address solutions here).

Banking in the US is a more complicated topic. There are some companies on the internet that promise international clients help in opening a bank account remotely, but we warn our clients to be careful with those who claim they can help that way. To learn more about banking in the U.S., associated problems, and possible solutions please read our article "Opening a Bank Account in the United States".

Drop-shipping is a very popular modern business concept, and U.S.-based drop-shipping businesses became the driving force of the "location-independent entrepreneur" phenomenon. Much has been written on the mechanics of the drop-shipping business itself, so this article will only cover the aspect of U.S. company registration, taxation, banking, and other related business filings: U.S. Company Registration for a Drop-Shipping Business.

Finally, international clients would need help filing their U.S. company taxes. We addressed this issue in our article U.S. Taxation for Foreign Entrepreneurs.

So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat. Read our article One Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It).

Additional Information

If you have any questions about all of the above and anything else our customer service representatives are here to help. You are invited to contact us via Skype, email, or call our customer service at +1 (347) 773-4343 (Also Viber, WhatsApp, Telegram).

https://www.myusacorporation.eu]]>tag:soundcloud,2010:tracks/551027664Fri, 28 Dec 2018 14:02:32 +0000MyUSACorporation EuropeU.S. Companies for Foreigners Registering Your Company In The U.S. Many international entrepreneurs are looking to create or expand their business into the U.S. market. MyUSACorporation.com specializes in helping those entrepreneurs, and we would...Registering Your Company In The U.S.

Many international entrepreneurs are looking to create or expand their business into the U.S. market. MyUSACorporation.com specializes in helping those entrepreneurs, and we would like to present you with several ideas to consider first.
What Documents Are Needed?

First of all, to register a company in the U.S. you don't need to present any documents - only information. Documents would be necessary in case you want a US address or need to open a bank account, but not for company registration.
Do I Need To Be In The U.S. To Open My Company?

Not at all. All filings can be done remotely, with us serving as your proxy in the U.S. In almost all cases when we need a signature from our clients this can be done electronically.
Choice of State

If you plan to buy real estate property, or open a "brick and mortar" store in the U.S. it is recommended to form your company in the state where this property or store is physically located.

Majority of our clients choose either Delaware or Wyoming, due to more expensive fees in Nevada. You can see the comparison between those 3 states here: DE vs. NV vs. WY.
Choice of Entity

Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing.

You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation also Which Business Entity Is Right For Me?.
Restrictions and Things to Consider

First of all, as a foreigner you are not required to have Social Security Number to open your company and obtain EIN (company tax ID). You also don’t need to have a U.S. address or phone number, however if you like to have U.S. address and/or phone it’s possible to obtain them from specializing vendors (see phone vendors here, and our U.S. address solutions here).

Banking in the US is a more complicated topic. There are some companies on the internet that promise international clients help in opening a bank account remotely, but we warn our clients to be careful with those who claim they can help that way. To learn more about banking in the U.S., associated problems, and possible solutions please read our article "Opening a Bank Account in the United States".

Drop-shipping is a very popular modern business concept, and U.S.-based drop-shipping businesses became the driving force of the "location-independent entrepreneur" phenomenon. Much has been written on the mechanics of the drop-shipping business itself, so this article will only cover the aspect of U.S. company registration, taxation, banking, and other related business filings: U.S. Company Registration for a Drop-Shipping Business.

Finally, international clients would need help filing their U.S. company taxes. We addressed this issue in our article U.S. Taxation for Foreign Entrepreneurs.

So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat. Read our article One Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It).

Additional Information

If you have any questions about all of the above and anything else our customer service representatives are here to help. You are invited to contact us via Skype, email, or call our customer service at +1 (347) 773-4343 (Also Viber, WhatsApp, Telegram).

289cleanfullMyUSACorporation EuropeU.S. Companies for Foreigners Registering Your Company In The U.S. Many international entrepreneurs are looking to create or expand their business into the U.S. market. MyUSACorporation.com specializes in helping those entrepreneurs, and we would like to present you with several ideas to consider first. What Documents Are Needed? First of all, to register a company in the U.S. you don't need to present any documents - only information. Documents would be necessary in case you want a US address or need to open a bank account, but not for company registration. Do I Need To Be In The U.S. To Open My Company? Not at all. All filings can be done remotely, with us serving as your proxy in the U.S. In almost all cases when we need a signature from our clients this can be done electronically. Choice of State If you plan to buy real estate property, or open a "brick and mortar" store in the U.S. it is recommended to form your company in the state where this property or store is physically located. Majority of our clients choose either Delaware or Wyoming, due to more expensive fees in Nevada. You can see the comparison between those 3 states here: DE vs. NV vs. WY. Choice of Entity Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing. You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation also Which Business Entity Is Right For Me?. Restrictions and Things to Consider First of all, as a foreigner you are not required to have Social Security Number to open your company and obtain EIN (company tax ID). You also don’t need to have a U.S. address or phone number, however if you like to have U.S. address and/or phone it’s possible to obtain them from specializing vendors (see phone vendors here, and our U.S. address solutions here). Banking in the US is a more complicated topic. There are some companies on the internet that promise international clients help in opening a bank account remotely, but we warn our clients to be careful with those who claim they can help that way. To learn more about banking in the U.S., associated problems, and possible solutions please read our article "Opening a Bank Account in the United States". Drop-shipping is a very popular modern business concept, and U.S.-based drop-shipping businesses became the driving force of the "location-independent entrepreneur" phenomenon. Much has been written on the mechanics of the drop-shipping business itself, so this article will only cover the aspect of U.S. company registration, taxation, banking, and other related business filings: U.S. Company Registration for a Drop-Shipping Business. Finally, international clients would need help filing their U.S. company taxes. We addressed this issue in our article U.S. Taxation for Foreign Entrepreneurs. So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat. Read our article One Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It). Additional Information If you have any questions about all of the above and anything else our customer service representatives are here to help. You are invited to contact us via Skype, email, or call our customer service at +1 (347) 773-4343 (Also Viber, WhatsApp, Telegram). https://www.myusacorporation.euNohttps://www.spreaker.com/user/myusacorporation/u-s-company-registration-for-real-estate
Many international investors are looking into the U.S. real estate market as their next source of investment. This is due to the robust nature of that market, and reliable legal framework ensuring lower risk than in most developing markets.

MyUSACorporation.com specializes in helping foreign investors with proper registration of the legal entities needed to serve as holding companies for their real estate assets.
Choice of Legal Entity

Very important: it is a highly recommended and a common practice to register a unique legal entity for each individual real estate asset, in order to limit the liability of that particular property to itself and shield the investor and his/her other properties from any potential liability related to that property. We invite you to read our article on Limited Liability Protection to understand this very important issue in depth.

Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the entity of choice when it comes to real estate and practically all real estate assets in America are held in LLCs. It is also the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing.

It is however important to also know that an investor does not need to own those LLCs directly, and instead can opt for a holding schema where one company (possibly a C-Corporation, in a friendly state such as Wyoming or Delaware, for tax and other reasons), holds all LLCs that in turn hold the real estate assets. This structure also helps preserve anonymity (read more about that below).

You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation.
Choice of State

As mentioned above, for real estate holding purposes an investor should opt for registering an LLC. Since we are talking about a physical cash-flowing asset the choice of state is limited to the state where the asset is located. So for example, to buy a condo in Miami, Florida, one must register a Florida LLC.

https://www.myusacorporation.eu/us-company-registration-for-real-estate-investors.html]]>tag:soundcloud,2010:tracks/550937928Fri, 28 Dec 2018 07:21:12 +0000MyUSACorporation EuropeSpecifics of U.S. Company Registration for Real Estate Investment Purposes Many international investors are looking into the U.S. real estate market as their next source of investment. This is due to the robust nature of that market, and reliable...
Many international investors are looking into the U.S. real estate market as their next source of investment. This is due to the robust nature of that market, and reliable legal framework ensuring lower risk than in most developing markets.

MyUSACorporation.com specializes in helping foreign investors with proper registration of the legal entities needed to serve as holding companies for their real estate assets.
Choice of Legal Entity

Very important: it is a highly recommended and a common practice to register a unique legal entity for each individual real estate asset, in order to limit the liability of that particular property to itself and shield the investor and his/her other properties from any potential liability related to that property. We invite you to read our article on Limited Liability Protection to understand this very important issue in depth.

Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the entity of choice when it comes to real estate and practically all real estate assets in America are held in LLCs. It is also the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing.

It is however important to also know that an investor does not need to own those LLCs directly, and instead can opt for a holding schema where one company (possibly a C-Corporation, in a friendly state such as Wyoming or Delaware, for tax and other reasons), holds all LLCs that in turn hold the real estate assets. This structure also helps preserve anonymity (read more about that below).

You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation.
Choice of State

As mentioned above, for real estate holding purposes an investor should opt for registering an LLC. Since we are talking about a physical cash-flowing asset the choice of state is limited to the state where the asset is located. So for example, to buy a condo in Miami, Florida, one must register a Florida LLC.

https://www.myusacorporation.eu/us-company-registration-for-real-estate-investors.html]]>393cleanfullMyUSACorporation EuropeSpecifics of U.S. Company Registration for Real Estate Investment Purposes Many international investors are looking into the U.S. real estate market as their next source of investment. This is due to the robust nature of that market, and reliable legal framework ensuring lower risk than in most developing markets. MyUSACorporation.com specializes in helping foreign investors with proper registration of the legal entities needed to serve as holding companies for their real estate assets. Choice of Legal Entity Very important: it is a highly recommended and a common practice to register a unique legal entity for each individual real estate asset, in order to limit the liability of that particular property to itself and shield the investor and his/her other properties from any potential liability related to that property. We invite you to read our article on Limited Liability Protection to understand this very important issue in depth. Foreigners can choose primarily between two types of entities: LLC and C-Corporation. LLC is the entity of choice when it comes to real estate and practically all real estate assets in America are held in LLCs. It is also the most common type of entity chosen by our foreign clients due to its simplicity, flexibility and single taxation. C-Corporation mostly chosen by young entrepreneurs looking to obtain Angel or VC financing. It is however important to also know that an investor does not need to own those LLCs directly, and instead can opt for a holding schema where one company (possibly a C-Corporation, in a friendly state such as Wyoming or Delaware, for tax and other reasons), holds all LLCs that in turn hold the real estate assets. This structure also helps preserve anonymity (read more about that below). You can see a comparison between LLC and C-Corporation here: LLC vs. Corporation. Choice of State As mentioned above, for real estate holding purposes an investor should opt for registering an LLC. Since we are talking about a physical cash-flowing asset the choice of state is limited to the state where the asset is located. So for example, to buy a condo in Miami, Florida, one must register a Florida LLC. https://www.myusacorporation.eu/us-company-registration-for-real-estate-investors.htmlNohttps://www.spreaker.com/user/myusacorporation/choosing-the-right-incorporation-state
Once you have decided to incorporate or form an LLC, you need to choose the state for your new entity.

Naturally, for most businesses the choice would fall on their home state, i.e. the state where the company will do most of its business. This rule holds especially true for smaller businesses that will likely not expand significantly, or that do not want to conduct business outside of their home state, like shops, dealerships, etc.

As your business grows, and it appears that you may need to conduct business in another state, you can always register what is called a "Foreign Entity", or a "Foreign Corporation" - technically, a legal "extension" of your business in another state.

Not all businesses need to be organized in the state where you are currently located (especially if you are a foreigner and live outside of USA). Each state has its own legal requirements and registration procedures for new businesses wishing to incorporate. Certain states are famous as favorable homes for incorporating or forming an LLC due to their unique incorporation laws and favorable tax policies. The most notable are Delaware, Wyoming and Nevada.
Some Examples:

If you are looking to place your real estate assets under a legal entity like an LLC then it makes sense to incorporate in the state where those assets are physically located. It is generally recommended to put each real estate asset in its own LLC in order to limit the liability of each property to itself.
For those entrepreneurs looking to form a corporation or LLC for their new ventures (like online businesses, or technology start-ups), choosing one of the more favorable states (like Delaware, Wyoming or Nevada) might prove to be a wiser choice. That is especially true if some or all shareholders and/or employees are not located in the same state, often the case with Internet-based businesses.
Home-based businesses would often enjoy many tax benefits related to maintaining an office in your home, therefore, with some exceptions, it would usually make sense to organize your home-based business in your home state.
Some specific needs require specific choices as far as organization goes. An example of such specific need would be estate planning. If you are looking for ways to protect your children and spouse from enormous estate tax liability when you go to a better place, there are incorporation tools offered by various states (such as "Close Corporations", "Close LLCs", etc).
Other examples include some more exotic types of entites like Series LLC or L3C - Low-profit LLC (a cross between a nonprofit organization and a for-profit corporation). These types of entities are currently being offered only in few states.

To fully evaluate your incorporation needs and to choose the right state to form your business entity in it is important to consult your tax and legal advisors. Those specialists should have the knowledge and experience to help you evaluate your unique business needs and help you make the best choice.

https://www.myusacorporation.eu/de-nv-wy.html]]>tag:soundcloud,2010:tracks/550923615Fri, 28 Dec 2018 06:14:29 +0000MyUSACorporation EuropeChoosing The Right Incorporation State Once you have decided to incorporate or form an LLC, you need to choose the state for your new entity. Naturally, for most businesses the choice would fall on their home state, i.e. the state where the company...
Once you have decided to incorporate or form an LLC, you need to choose the state for your new entity.

Naturally, for most businesses the choice would fall on their home state, i.e. the state where the company will do most of its business. This rule holds especially true for smaller businesses that will likely not expand significantly, or that do not want to conduct business outside of their home state, like shops, dealerships, etc.

As your business grows, and it appears that you may need to conduct business in another state, you can always register what is called a "Foreign Entity", or a "Foreign Corporation" - technically, a legal "extension" of your business in another state.

Not all businesses need to be organized in the state where you are currently located (especially if you are a foreigner and live outside of USA). Each state has its own legal requirements and registration procedures for new businesses wishing to incorporate. Certain states are famous as favorable homes for incorporating or forming an LLC due to their unique incorporation laws and favorable tax policies. The most notable are Delaware, Wyoming and Nevada.
Some Examples:

If you are looking to place your real estate assets under a legal entity like an LLC then it makes sense to incorporate in the state where those assets are physically located. It is generally recommended to put each real estate asset in its own LLC in order to limit the liability of each property to itself.
For those entrepreneurs looking to form a corporation or LLC for their new ventures (like online businesses, or technology start-ups), choosing one of the more favorable states (like Delaware, Wyoming or Nevada) might prove to be a wiser choice. That is especially true if some or all shareholders and/or employees are not located in the same state, often the case with Internet-based businesses.
Home-based businesses would often enjoy many tax benefits related to maintaining an office in your home, therefore, with some exceptions, it would usually make sense to organize your home-based business in your home state.
Some specific needs require specific choices as far as organization goes. An example of such specific need would be estate planning. If you are looking for ways to protect your children and spouse from enormous estate tax liability when you go to a better place, there are incorporation tools offered by various states (such as "Close Corporations", "Close LLCs", etc).
Other examples include some more exotic types of entites like Series LLC or L3C - Low-profit LLC (a cross between a nonprofit organization and a for-profit corporation). These types of entities are currently being offered only in few states.

To fully evaluate your incorporation needs and to choose the right state to form your business entity in it is important to consult your tax and legal advisors. Those specialists should have the knowledge and experience to help you evaluate your unique business needs and help you make the best choice.

https://www.myusacorporation.eu/de-nv-wy.html]]>206cleanfullMyUSACorporation EuropeChoosing The Right Incorporation State Once you have decided to incorporate or form an LLC, you need to choose the state for your new entity. Naturally, for most businesses the choice would fall on their home state, i.e. the state where the company will do most of its business. This rule holds especially true for smaller businesses that will likely not expand significantly, or that do not want to conduct business outside of their home state, like shops, dealerships, etc. As your business grows, and it appears that you may need to conduct business in another state, you can always register what is called a "Foreign Entity", or a "Foreign Corporation" - technically, a legal "extension" of your business in another state. Not all businesses need to be organized in the state where you are currently located (especially if you are a foreigner and live outside of USA). Each state has its own legal requirements and registration procedures for new businesses wishing to incorporate. Certain states are famous as favorable homes for incorporating or forming an LLC due to their unique incorporation laws and favorable tax policies. The most notable are Delaware, Wyoming and Nevada. Some Examples: If you are looking to place your real estate assets under a legal entity like an LLC then it makes sense to incorporate in the state where those assets are physically located. It is generally recommended to put each real estate asset in its own LLC in order to limit the liability of each property to itself. For those entrepreneurs looking to form a corporation or LLC for their new ventures (like online businesses, or technology start-ups), choosing one of the more favorable states (like Delaware, Wyoming or Nevada) might prove to be a wiser choice. That is especially true if some or all shareholders and/or employees are not located in the same state, often the case with Internet-based businesses. Home-based businesses would often enjoy many tax benefits related to maintaining an office in your home, therefore, with some exceptions, it would usually make sense to organize your home-based business in your home state. Some specific needs require specific choices as far as organization goes. An example of such specific need would be estate planning. If you are looking for ways to protect your children and spouse from enormous estate tax liability when you go to a better place, there are incorporation tools offered by various states (such as "Close Corporations", "Close LLCs", etc). Other examples include some more exotic types of entites like Series LLC or L3C - Low-profit LLC (a cross between a nonprofit organization and a for-profit corporation). These types of entities are currently being offered only in few states. To fully evaluate your incorporation needs and to choose the right state to form your business entity in it is important to consult your tax and legal advisors. Those specialists should have the knowledge and experience to help you evaluate your unique business needs and help you make the best choice. https://www.myusacorporation.eu/de-nv-wy.htmlNohttps://www.spreaker.com/user/myusacorporation/choosing-business-entity-type
Once decided to become involved in a new business venture, how would you know which legal entity is the right for you? The choice of entity would influence many aspects of the life of your business, from taxation to limiting liability, and more.

Let's start by reviewing the most common types of entities, available for people doing business in the United States:
Sole Proprietorship & General Partnership

A sole proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. General Partnership is similar to Sole Proprietorship, except it is owned and run by two or more partners.

All profits and all losses accrue to the owner(s) (subject to taxation). All assets of the business are owned by the proprietor (or the general partners), and all debts of the business are debts of the owner(s) and must be paid from owner(s)' personal resources, meaning that the owner(s) has unlimited liability.

A sole proprietor may do business with a trade name (DBA) other than his or her legal name. This also allows the proprietor to open a business account with banking institutions. It is a 'sole' proprietorship in the sense that the owner has no partners. General Partnership usually does business under a trade name as well.

Establishing a sole proprietorship is cheap and relatively uncomplicated. You don't have to file any papers to set it up - you create a sole proprietorship just by going into business. In other words, if you'll be the only owner of the business you're starting; your business will automatically be a sole proprietorship, unless you incorporate it or organize it as an LLC. Of course, you do have to get the same business licenses and permits as any other company that goes into the same business. It is also advised to register a DBA ('Doing Business As') name with the state for your business.

General Partnership is established by drafting a partnership agreement and obtaining EIN for tax purposes. Registering a DBA is advisable in order to be able to legally operate under the chosen business name.
Advantages:

One takes all the profits of the business - no corporative taxes on the profits made,
No double taxation,
Easy to start up,
Relatively fewer regulation,
Full control over the business,
Easy to discontinue,
Quick decision process.

Disadvantages:

Unlimited liability - owner(s) of the business is (are) responsible for the business's debts,
If business becomes successful, the risks accompanying the business tend to grow,
Hard time raising capital - owner(s) have to make up for all the business's funds,


C Corporation

A corporation is a type of business entity that is organized under specific provisions of the General Corporation Law. A corporation must have shareholders, directors and corporate officers, and must be registered with the state. In addition, the corporation will be taxed at the state and Federal level on its earnings.

A corporation offers the protection from personal liability for the owners (shareholders). This corporate veil of protection does not offer protection from liability in the case of fraud, failure to pay taxes, under capitalization of the corporation, or commingling of personal and corporate funds.

https://www.myusacorporation.eu/business-entity.html]]>tag:soundcloud,2010:tracks/550218558Tue, 25 Dec 2018 00:00:00 +0000MyUSACorporation EuropeWhich Business Entity Is Right For Me? Once decided to become involved in a new business venture, how would you know which legal entity is the right for you? The choice of entity would influence many aspects of the life of your business, from...
Once decided to become involved in a new business venture, how would you know which legal entity is the right for you? The choice of entity would influence many aspects of the life of your business, from taxation to limiting liability, and more.

Let's start by reviewing the most common types of entities, available for people doing business in the United States:
Sole Proprietorship & General Partnership

A sole proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. General Partnership is similar to Sole Proprietorship, except it is owned and run by two or more partners.

All profits and all losses accrue to the owner(s) (subject to taxation). All assets of the business are owned by the proprietor (or the general partners), and all debts of the business are debts of the owner(s) and must be paid from owner(s)' personal resources, meaning that the owner(s) has unlimited liability.

A sole proprietor may do business with a trade name (DBA) other than his or her legal name. This also allows the proprietor to open a business account with banking institutions. It is a 'sole' proprietorship in the sense that the owner has no partners. General Partnership usually does business under a trade name as well.

Establishing a sole proprietorship is cheap and relatively uncomplicated. You don't have to file any papers to set it up - you create a sole proprietorship just by going into business. In other words, if you'll be the only owner of the business you're starting; your business will automatically be a sole proprietorship, unless you incorporate it or organize it as an LLC. Of course, you do have to get the same business licenses and permits as any other company that goes into the same business. It is also advised to register a DBA ('Doing Business As') name with the state for your business.

General Partnership is established by drafting a partnership agreement and obtaining EIN for tax purposes. Registering a DBA is advisable in order to be able to legally operate under the chosen business name.
Advantages:

One takes all the profits of the business - no corporative taxes on the profits made,
No double taxation,
Easy to start up,
Relatively fewer regulation,
Full control over the business,
Easy to discontinue,
Quick decision process.

Disadvantages:

Unlimited liability - owner(s) of the business is (are) responsible for the business's debts,
If business becomes successful, the risks accompanying the business tend to grow,
Hard time raising capital - owner(s) have to make up for all the business's funds,


C Corporation

A corporation is a type of business entity that is organized under specific provisions of the General Corporation Law. A corporation must have shareholders, directors and corporate officers, and must be registered with the state. In addition, the corporation will be taxed at the state and Federal level on its earnings.

A corporation offers the protection from personal liability for the owners (shareholders). This corporate veil of protection does not offer protection from liability in the case of fraud, failure to pay taxes, under capitalization of the corporation, or commingling of personal and corporate funds.

https://www.myusacorporation.eu/business-entity.html]]>486cleanfullMyUSACorporation EuropeWhich Business Entity Is Right For Me? Once decided to become involved in a new business venture, how would you know which legal entity is the right for you? The choice of entity would influence many aspects of the life of your business, from taxation to limiting liability, and more. Let's start by reviewing the most common types of entities, available for people doing business in the United States: Sole Proprietorship & General Partnership A sole proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. General Partnership is similar to Sole Proprietorship, except it is owned and run by two or more partners. All profits and all losses accrue to the owner(s) (subject to taxation). All assets of the business are owned by the proprietor (or the general partners), and all debts of the business are debts of the owner(s) and must be paid from owner(s)' personal resources, meaning that the owner(s) has unlimited liability. A sole proprietor may do business with a trade name (DBA) other than his or her legal name. This also allows the proprietor to open a business account with banking institutions. It is a 'sole' proprietorship in the sense that the owner has no partners. General Partnership usually does business under a trade name as well. Establishing a sole proprietorship is cheap and relatively uncomplicated. You don't have to file any papers to set it up - you create a sole proprietorship just by going into business. In other words, if you'll be the only owner of the business you're starting; your business will automatically be a sole proprietorship, unless you incorporate it or organize it as an LLC. Of course, you do have to get the same business licenses and permits as any other company that goes into the same business. It is also advised to register a DBA ('Doing Business As') name with the state for your business. General Partnership is established by drafting a partnership agreement and obtaining EIN for tax purposes. Registering a DBA is advisable in order to be able to legally operate under the chosen business name. Advantages: One takes all the profits of the business - no corporative taxes on the profits made, No double taxation, Easy to start up, Relatively fewer regulation, Full control over the business, Easy to discontinue, Quick decision process. Disadvantages: Unlimited liability - owner(s) of the business is (are) responsible for the business's debts, If business becomes successful, the risks accompanying the business tend to grow, Hard time raising capital - owner(s) have to make up for all the business's funds, C Corporation A corporation is a type of business entity that is organized under specific provisions of the General Corporation Law. A corporation must have shareholders, directors and corporate officers, and must be registered with the state. In addition, the corporation will be taxed at the state and Federal level on its earnings. A corporation offers the protection from personal liability for the owners (shareholders). This corporate veil of protection does not offer protection from liability in the case of fraud, failure to pay taxes, under capitalization of the corporation, or commingling of personal and corporate funds. https://www.myusacorporation.eu/business-entity.htmlNohttps://www.spreaker.com/user/myusacorporation/incorporating-in-delaware-vs-nevada-vs-w
It is commonly recognized today that Delaware, Wyoming and Nevada can all be called "incorporation friendly" states due to their corporative laws, relatively low fees, and limited or nonexistent state-level taxation. However, how would a person choose between the three?

In general, Delaware, through its developed legal system and laws protecting shareholder rights, is geared toward the large complex public corporations, whereas Nevada and Wyoming are more attractive to the small privately held corporations and LLCs. Delaware law tends to protect the rights of boards of directors and shareholders, while Nevada and Wyoming tend to favor management.
Does the above comparison mean Delaware is not the best place to incorporate?

Not necessarily. The choice to incorporate in Delaware depends on the long term goals of your company.

Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers & acquisitions, and that's precisely why the Fortune 500 are drawn to this state. Delaware laws tend to be "pro-management" when it comes to minority shareholder disputes. Huge public companies have literally hundreds of such disputes pending in the courts on any given day.

So if you are aiming to grow your company to become a Fortune 500 company (or at least planning it to attract VC investors and possibly go for IPO one day), Delaware's case law offers many insights into what you can and cannot do, and what the likely consequences may be.

Unfortunately, Delaware also has corporate income tax, personal income tax, a state franchise tax, reporting requirements and regulations compelling disclosure of substantial amounts of information resulting in far less privacy for you. That makes Nevada and Wyoming much more attractive for small privately owned businesses.
Nevada or Wyoming? Things to consider when choosing between the two states:

Information sharing with IRS:

Nevada is famed as the only state that does not share information with the IRS. Although that fact by itself is true, there are few things that you should know about it:

First of all, Wyoming does share information with the IRS, but only the information given by companies with real assets inside the state. So if you don't have any real estate in Wyoming you are as protected in that regard as in Nevada.

Second, Nevada makes IRS mad. That means if you are in Nevada the IRS is targeting you because you are in a non friendly state.

Piercing of corporate veil:

The corporate veil separates the assets and liabilities of the company from the assets and liabilities of its owners, thus protecting owners from business risk. Nevada offers the best corporate veil protection available.

Wyoming also has well established criteria concerning the piercing of the corporate veil. Where fraud is not present, a Wyoming corporation that does not co-mingle funds and maintains some form of corporate formalities, including holding meetings of shareholders and directors, will not be pierced.

Many professionals consider Wyoming to be inferior to Nevada in that regard, with others claiming the differences are negligible.

State taxes:

There are no state income taxes on individuals or companies both in Nevada and Wyoming.

Ready to Start Your Business?

https://www.myusacorporation.eu/de-nv-wy.html]]>tag:soundcloud,2010:tracks/550223232Tue, 25 Dec 2018 00:00:00 +0000MyUSACorporation EuropeComparison Between Incorporation-Friendly States It is commonly recognized today that Delaware, Wyoming and Nevada can all be called "incorporation friendly" states due to their corporative laws, relatively low fees, and limited or nonexistent...
It is commonly recognized today that Delaware, Wyoming and Nevada can all be called "incorporation friendly" states due to their corporative laws, relatively low fees, and limited or nonexistent state-level taxation. However, how would a person choose between the three?

In general, Delaware, through its developed legal system and laws protecting shareholder rights, is geared toward the large complex public corporations, whereas Nevada and Wyoming are more attractive to the small privately held corporations and LLCs. Delaware law tends to protect the rights of boards of directors and shareholders, while Nevada and Wyoming tend to favor management.
Does the above comparison mean Delaware is not the best place to incorporate?

Not necessarily. The choice to incorporate in Delaware depends on the long term goals of your company.

Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers & acquisitions, and that's precisely why the Fortune 500 are drawn to this state. Delaware laws tend to be "pro-management" when it comes to minority shareholder disputes. Huge public companies have literally hundreds of such disputes pending in the courts on any given day.

So if you are aiming to grow your company to become a Fortune 500 company (or at least planning it to attract VC investors and possibly go for IPO one day), Delaware's case law offers many insights into what you can and cannot do, and what the likely consequences may be.

Unfortunately, Delaware also has corporate income tax, personal income tax, a state franchise tax, reporting requirements and regulations compelling disclosure of substantial amounts of information resulting in far less privacy for you. That makes Nevada and Wyoming much more attractive for small privately owned businesses.
Nevada or Wyoming? Things to consider when choosing between the two states:

Information sharing with IRS:

Nevada is famed as the only state that does not share information with the IRS. Although that fact by itself is true, there are few things that you should know about it:

First of all, Wyoming does share information with the IRS, but only the information given by companies with real assets inside the state. So if you don't have any real estate in Wyoming you are as protected in that regard as in Nevada.

Second, Nevada makes IRS mad. That means if you are in Nevada the IRS is targeting you because you are in a non friendly state.

Piercing of corporate veil:

The corporate veil separates the assets and liabilities of the company from the assets and liabilities of its owners, thus protecting owners from business risk. Nevada offers the best corporate veil protection available.

Wyoming also has well established criteria concerning the piercing of the corporate veil. Where fraud is not present, a Wyoming corporation that does not co-mingle funds and maintains some form of corporate formalities, including holding meetings of shareholders and directors, will not be pierced.

Many professionals consider Wyoming to be inferior to Nevada in that regard, with others claiming the differences are negligible.

State taxes:

There are no state income taxes on individuals or companies both in Nevada and Wyoming.

Ready to Start Your Business?

https://www.myusacorporation.eu/de-nv-wy.html]]>348cleanfullMyUSACorporation EuropeComparison Between Incorporation-Friendly States It is commonly recognized today that Delaware, Wyoming and Nevada can all be called "incorporation friendly" states due to their corporative laws, relatively low fees, and limited or nonexistent state-level taxation. However, how would a person choose between the three? In general, Delaware, through its developed legal system and laws protecting shareholder rights, is geared toward the large complex public corporations, whereas Nevada and Wyoming are more attractive to the small privately held corporations and LLCs. Delaware law tends to protect the rights of boards of directors and shareholders, while Nevada and Wyoming tend to favor management. Does the above comparison mean Delaware is not the best place to incorporate? Not necessarily. The choice to incorporate in Delaware depends on the long term goals of your company. Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers & acquisitions, and that's precisely why the Fortune 500 are drawn to this state. Delaware laws tend to be "pro-management" when it comes to minority shareholder disputes. Huge public companies have literally hundreds of such disputes pending in the courts on any given day. So if you are aiming to grow your company to become a Fortune 500 company (or at least planning it to attract VC investors and possibly go for IPO one day), Delaware's case law offers many insights into what you can and cannot do, and what the likely consequences may be. Unfortunately, Delaware also has corporate income tax, personal income tax, a state franchise tax, reporting requirements and regulations compelling disclosure of substantial amounts of information resulting in far less privacy for you. That makes Nevada and Wyoming much more attractive for small privately owned businesses. Nevada or Wyoming? Things to consider when choosing between the two states: Information sharing with IRS: Nevada is famed as the only state that does not share information with the IRS. Although that fact by itself is true, there are few things that you should know about it: First of all, Wyoming does share information with the IRS, but only the information given by companies with real assets inside the state. So if you don't have any real estate in Wyoming you are as protected in that regard as in Nevada. Second, Nevada makes IRS mad. That means if you are in Nevada the IRS is targeting you because you are in a non friendly state. Piercing of corporate veil: The corporate veil separates the assets and liabilities of the company from the assets and liabilities of its owners, thus protecting owners from business risk. Nevada offers the best corporate veil protection available. Wyoming also has well established criteria concerning the piercing of the corporate veil. Where fraud is not present, a Wyoming corporation that does not co-mingle funds and maintains some form of corporate formalities, including holding meetings of shareholders and directors, will not be pierced. Many professionals consider Wyoming to be inferior to Nevada in that regard, with others claiming the differences are negligible. State taxes: There are no state income taxes on individuals or companies both in Nevada and Wyoming. Ready to Start Your Business? https://www.myusacorporation.eu/de-nv-wy.htmlNohttps://www.spreaker.com/user/myusacorporation/llc-vs-corporation
The following table gives side-by-side comparison of 3 most common forms of business organization: C-Corporation, S-Corporation, and LLC (Limited Liability Company):
NOTE: LLC is the most flexible type of business entity thanks to the fact that LLC members can keep the company taxed as partnership (or disregarded entity if single-member LLC, both default forms of taxation), or instead elect it to be taxed as S-Corporation or even C-Corporation, if company owners' taxation goals work best with these types of taxation.

Any corporation is taxed as C-Corporation by default, and can be elected to be taxed as S-Corporation, provided all shareholders are U.S. persons, etc (read here for a list of requisites for S-Corporation).

Quick Comparison: LLC vs. C-Corporation
The entities are taxed differently.

By default an LLC is a pass-through tax entity, meaning that the income is not taxed at the company level (however, a Multi-Member LLC is still required to complete a separate tax return). The income or loss as shown on this return is 'passed through' the business entity to the individual members, and is reported on their individual tax returns.

C-Corporation is a separately taxable entity, and pays tax on the income prior to any dividend distributions to shareholders. If and when corporate earnings are distributed to shareholders in the form of dividends, the corporation does not receive the reasonable business expense deduction, and dividend income is taxed as regular income to the shareholders.
The entities differ in their structure.

LLCs are less rigid in their structure than corporations, so you have more flexibility in adapting the LLC to your unique business. The Operating Agreement of an LLC can be structured in a limitless number of ways.
Formality:

A corporation is a formal entity with officers and directors (at least one of each) required. An LLC, on the other hand, can be 'member managed' and run in a less formal way. For small, start-up businesses, less formality means you can focus on making money rather than administrative work.
Quick Comparison: LLC vs. S-Corporation
Difference in income allocation:

While S-Corporation special tax status eliminates double taxation, it lacks the flexibility of an LLC in allocating income to the owners. An LLC may offer several classes of membership interests, while an S-Corporation may only have one class of stock.
Ownership restrictions:

Any number of individuals or entities may own interest in an LLC. Also, LLCs are allowed to have subsidiaries without restriction. Ownership interest in an S-Corporation is limited to no more than 100 shareholders. On top of that S-Corporations cannot be owned by C-Corporations, other S-Corporations, many trusts, LLCs, partnerships, or non-resident aliens.
Self-Employment Taxes:

One advantage of S-Corporation is the way self employment taxes are calculated. S-Corporation owners employed by the company must receive salary, and their self employemnt tax is caluclated based on that salary (this is true with the exception of S-Corporations based in New York City). Owners of LLC, on the other hand, pay self employment taxes based on all member distributions they receive.

Quick Comparison: C-Corporation vs. S-Corporation

https://www.myusacorporation.eu/llcvscorp.html]]>tag:soundcloud,2010:tracks/550230192Tue, 25 Dec 2018 00:00:00 +0000MyUSACorporation EuropeComparison Between LLC and Corporation The following table gives side-by-side comparison of 3 most common forms of business organization: C-Corporation, S-Corporation, and LLC (Limited Liability Company): NOTE: LLC is the most flexible type of...
The following table gives side-by-side comparison of 3 most common forms of business organization: C-Corporation, S-Corporation, and LLC (Limited Liability Company):
NOTE: LLC is the most flexible type of business entity thanks to the fact that LLC members can keep the company taxed as partnership (or disregarded entity if single-member LLC, both default forms of taxation), or instead elect it to be taxed as S-Corporation or even C-Corporation, if company owners' taxation goals work best with these types of taxation.

Any corporation is taxed as C-Corporation by default, and can be elected to be taxed as S-Corporation, provided all shareholders are U.S. persons, etc (read here for a list of requisites for S-Corporation).

Quick Comparison: LLC vs. C-Corporation
The entities are taxed differently.

By default an LLC is a pass-through tax entity, meaning that the income is not taxed at the company level (however, a Multi-Member LLC is still required to complete a separate tax return). The income or loss as shown on this return is 'passed through' the business entity to the individual members, and is reported on their individual tax returns.

C-Corporation is a separately taxable entity, and pays tax on the income prior to any dividend distributions to shareholders. If and when corporate earnings are distributed to shareholders in the form of dividends, the corporation does not receive the reasonable business expense deduction, and dividend income is taxed as regular income to the shareholders.
The entities differ in their structure.

LLCs are less rigid in their structure than corporations, so you have more flexibility in adapting the LLC to your unique business. The Operating Agreement of an LLC can be structured in a limitless number of ways.
Formality:

A corporation is a formal entity with officers and directors (at least one of each) required. An LLC, on the other hand, can be 'member managed' and run in a less formal way. For small, start-up businesses, less formality means you can focus on making money rather than administrative work.
Quick Comparison: LLC vs. S-Corporation
Difference in income allocation:

While S-Corporation special tax status eliminates double taxation, it lacks the flexibility of an LLC in allocating income to the owners. An LLC may offer several classes of membership interests, while an S-Corporation may only have one class of stock.
Ownership restrictions:

Any number of individuals or entities may own interest in an LLC. Also, LLCs are allowed to have subsidiaries without restriction. Ownership interest in an S-Corporation is limited to no more than 100 shareholders. On top of that S-Corporations cannot be owned by C-Corporations, other S-Corporations, many trusts, LLCs, partnerships, or non-resident aliens.
Self-Employment Taxes:

One advantage of S-Corporation is the way self employment taxes are calculated. S-Corporation owners employed by the company must receive salary, and their self employemnt tax is caluclated based on that salary (this is true with the exception of S-Corporations based in New York City). Owners of LLC, on the other hand, pay self employment taxes based on all member distributions they receive.

Quick Comparison: C-Corporation vs. S-Corporation

https://www.myusacorporation.eu/llcvscorp.html]]>292cleanfullMyUSACorporation EuropeComparison Between LLC and Corporation The following table gives side-by-side comparison of 3 most common forms of business organization: C-Corporation, S-Corporation, and LLC (Limited Liability Company): NOTE: LLC is the most flexible type of business entity thanks to the fact that LLC members can keep the company taxed as partnership (or disregarded entity if single-member LLC, both default forms of taxation), or instead elect it to be taxed as S-Corporation or even C-Corporation, if company owners' taxation goals work best with these types of taxation. Any corporation is taxed as C-Corporation by default, and can be elected to be taxed as S-Corporation, provided all shareholders are U.S. persons, etc (read here for a list of requisites for S-Corporation). Quick Comparison: LLC vs. C-Corporation The entities are taxed differently. By default an LLC is a pass-through tax entity, meaning that the income is not taxed at the company level (however, a Multi-Member LLC is still required to complete a separate tax return). The income or loss as shown on this return is 'passed through' the business entity to the individual members, and is reported on their individual tax returns. C-Corporation is a separately taxable entity, and pays tax on the income prior to any dividend distributions to shareholders. If and when corporate earnings are distributed to shareholders in the form of dividends, the corporation does not receive the reasonable business expense deduction, and dividend income is taxed as regular income to the shareholders. The entities differ in their structure. LLCs are less rigid in their structure than corporations, so you have more flexibility in adapting the LLC to your unique business. The Operating Agreement of an LLC can be structured in a limitless number of ways. Formality: A corporation is a formal entity with officers and directors (at least one of each) required. An LLC, on the other hand, can be 'member managed' and run in a less formal way. For small, start-up businesses, less formality means you can focus on making money rather than administrative work. Quick Comparison: LLC vs. S-Corporation Difference in income allocation: While S-Corporation special tax status eliminates double taxation, it lacks the flexibility of an LLC in allocating income to the owners. An LLC may offer several classes of membership interests, while an S-Corporation may only have one class of stock. Ownership restrictions: Any number of individuals or entities may own interest in an LLC. Also, LLCs are allowed to have subsidiaries without restriction. Ownership interest in an S-Corporation is limited to no more than 100 shareholders. On top of that S-Corporations cannot be owned by C-Corporations, other S-Corporations, many trusts, LLCs, partnerships, or non-resident aliens. Self-Employment Taxes: One advantage of S-Corporation is the way self employment taxes are calculated. S-Corporation owners employed by the company must receive salary, and their self employemnt tax is caluclated based on that salary (this is true with the exception of S-Corporations based in New York City). Owners of LLC, on the other hand, pay self employment taxes based on all member distributions they receive. Quick Comparison: C-Corporation vs. S-Corporation https://www.myusacorporation.eu/llcvscorp.htmlNohttps://www.spreaker.com/user/myusacorporation/what-is-limited-liability-and-why-it-is-
The best way to explain limited liability is this - you risk what you put in. In other words, limited liability is a way to make sure that a person who is engaging in business does not risk his or her personal possessions in case the business fails. Any investor, partner, or member of the company that by law has limited liability cannot be made responsible for any unfulfilled company obligations and debts that are more than the amount that the person has invested.
Jack and Jill

Here is a simple comparison. Jack and Jill are friends. Jack is a handy guy and Jill is a great cook. To earn money from their talents, both start their own business. Jack earns his living by doing renovations. He bought his own equipment and simply advertises his services under his own name. Jack is a sole proprietor.

Jill decided to open a bakeshop. Before going into business, however, Jill has formed a small corporation (an S-Corporation), called Jill's Cakes, Inc. Jill invested her savings into Jill's Cakes, Inc. as a starting capital and then bought her baking equipment and leased her shop on behalf of her corporation. So long as things go well for Jack and Jill there are almost no differences between the two ways of doing business.

As soon as things turn sour though, the differences become apparent. One day, Jack mopped the floor right before leaving the apartment he just painted, but forgot to put up a sign. The owner walked in, slid on the wet floor and broke an ankle. He is suing Jack for medical expenses and lost wages. Jill accidentally dropped a peanut in a wrong batch of batter and caused a severe allergy attack in one of her customer. That customer is suing her for medical bills and pain and suffering.

What is at risk for Jack and Jill? Jack is risking everything he owns - his work equipment, his truck, his house, his personal belongings. So long as there is a judgment against him, Jack must sell anything he owns to pay it. Jill is risking only her business assets - her cooking equipment, her cash reserves, and anything else owned by Jill's Cakes, Inc. But her personal things, such as her car and her apartment, are safe. Her business may become bankrupt, but her life will not be (completely) destroyed.

Of course, this story describes a worst case scenario. Many businesses prosper without many troubles. But many also fail, and it is so easy for a business owner to take advantage of limited liability that everyone should do it.
Maintaining Limited Liability

Several types of business entities offer their owners the protection of limited liability. The most popular are corporation and limited liability company (LLC). Each of these entities has its own advantages and drawbacks, but both offer their owners limited liability protection.

A few things are important to remember in the context of limited liability. First, a company must be properly maintained in order to offer full liability protection that it is designed to offer. In short, if a company is only a company in name, but is run as if it is one and the same with the person running it, the courts will consider it a sham, and will not afford the owners limited liability protection. You can read more on this topic in our article on Piercing the Corporate Veil.

Second, even in a limited liability business an owner may be responsible for amounts beyond his or her investment. This is the case when an owner has personally co-signed a debt agreement (such as a credit card application). This signature gives the lenders a personal guarantee of repayment of that debt and in the case of default they can go after the owner's personal assets. Other owners of the company (or investors) would not be liable if complete repayment is beyond the resources of the business, but the owner who had done the co-signing would be responsible for that amount.

https://www.myusacorporation.eu/llc.html]]>tag:soundcloud,2010:tracks/549002916Sun, 23 Dec 2018 08:28:15 +0000MyUSACorporation EuropeWhat is Limited Liability? The best way to explain limited liability is this - you risk what you put in. In other words, limited liability is a way to make sure that a person who is engaging in business does not risk his or her personal possessions...
The best way to explain limited liability is this - you risk what you put in. In other words, limited liability is a way to make sure that a person who is engaging in business does not risk his or her personal possessions in case the business fails. Any investor, partner, or member of the company that by law has limited liability cannot be made responsible for any unfulfilled company obligations and debts that are more than the amount that the person has invested.
Jack and Jill

Here is a simple comparison. Jack and Jill are friends. Jack is a handy guy and Jill is a great cook. To earn money from their talents, both start their own business. Jack earns his living by doing renovations. He bought his own equipment and simply advertises his services under his own name. Jack is a sole proprietor.

Jill decided to open a bakeshop. Before going into business, however, Jill has formed a small corporation (an S-Corporation), called Jill's Cakes, Inc. Jill invested her savings into Jill's Cakes, Inc. as a starting capital and then bought her baking equipment and leased her shop on behalf of her corporation. So long as things go well for Jack and Jill there are almost no differences between the two ways of doing business.

As soon as things turn sour though, the differences become apparent. One day, Jack mopped the floor right before leaving the apartment he just painted, but forgot to put up a sign. The owner walked in, slid on the wet floor and broke an ankle. He is suing Jack for medical expenses and lost wages. Jill accidentally dropped a peanut in a wrong batch of batter and caused a severe allergy attack in one of her customer. That customer is suing her for medical bills and pain and suffering.

What is at risk for Jack and Jill? Jack is risking everything he owns - his work equipment, his truck, his house, his personal belongings. So long as there is a judgment against him, Jack must sell anything he owns to pay it. Jill is risking only her business assets - her cooking equipment, her cash reserves, and anything else owned by Jill's Cakes, Inc. But her personal things, such as her car and her apartment, are safe. Her business may become bankrupt, but her life will not be (completely) destroyed.

Of course, this story describes a worst case scenario. Many businesses prosper without many troubles. But many also fail, and it is so easy for a business owner to take advantage of limited liability that everyone should do it.
Maintaining Limited Liability

Several types of business entities offer their owners the protection of limited liability. The most popular are corporation and limited liability company (LLC). Each of these entities has its own advantages and drawbacks, but both offer their owners limited liability protection.

A few things are important to remember in the context of limited liability. First, a company must be properly maintained in order to offer full liability protection that it is designed to offer. In short, if a company is only a company in name, but is run as if it is one and the same with the person running it, the courts will consider it a sham, and will not afford the owners limited liability protection. You can read more on this topic in our article on Piercing the Corporate Veil.

Second, even in a limited liability business an owner may be responsible for amounts beyond his or her investment. This is the case when an owner has personally co-signed a debt agreement (such as a credit card application). This signature gives the lenders a personal guarantee of repayment of that debt and in the case of default they can go after the owner's personal assets. Other owners of the company (or investors) would not be liable if complete repayment is beyond the resources of the business, but the owner who had done the co-signing would be responsible for that amount.

304cleanfullMyUSACorporation EuropeWhat is Limited Liability? The best way to explain limited liability is this - you risk what you put in. In other words, limited liability is a way to make sure that a person who is engaging in business does not risk his or her personal possessions in case the business fails. Any investor, partner, or member of the company that by law has limited liability cannot be made responsible for any unfulfilled company obligations and debts that are more than the amount that the person has invested. Jack and Jill Here is a simple comparison. Jack and Jill are friends. Jack is a handy guy and Jill is a great cook. To earn money from their talents, both start their own business. Jack earns his living by doing renovations. He bought his own equipment and simply advertises his services under his own name. Jack is a sole proprietor. Jill decided to open a bakeshop. Before going into business, however, Jill has formed a small corporation (an S-Corporation), called Jill's Cakes, Inc. Jill invested her savings into Jill's Cakes, Inc. as a starting capital and then bought her baking equipment and leased her shop on behalf of her corporation. So long as things go well for Jack and Jill there are almost no differences between the two ways of doing business. As soon as things turn sour though, the differences become apparent. One day, Jack mopped the floor right before leaving the apartment he just painted, but forgot to put up a sign. The owner walked in, slid on the wet floor and broke an ankle. He is suing Jack for medical expenses and lost wages. Jill accidentally dropped a peanut in a wrong batch of batter and caused a severe allergy attack in one of her customer. That customer is suing her for medical bills and pain and suffering. What is at risk for Jack and Jill? Jack is risking everything he owns - his work equipment, his truck, his house, his personal belongings. So long as there is a judgment against him, Jack must sell anything he owns to pay it. Jill is risking only her business assets - her cooking equipment, her cash reserves, and anything else owned by Jill's Cakes, Inc. But her personal things, such as her car and her apartment, are safe. Her business may become bankrupt, but her life will not be (completely) destroyed. Of course, this story describes a worst case scenario. Many businesses prosper without many troubles. But many also fail, and it is so easy for a business owner to take advantage of limited liability that everyone should do it. Maintaining Limited Liability Several types of business entities offer their owners the protection of limited liability. The most popular are corporation and limited liability company (LLC). Each of these entities has its own advantages and drawbacks, but both offer their owners limited liability protection. A few things are important to remember in the context of limited liability. First, a company must be properly maintained in order to offer full liability protection that it is designed to offer. In short, if a company is only a company in name, but is run as if it is one and the same with the person running it, the courts will consider it a sham, and will not afford the owners limited liability protection. You can read more on this topic in our article on Piercing the Corporate Veil. Second, even in a limited liability business an owner may be responsible for amounts beyond his or her investment. This is the case when an owner has personally co-signed a debt agreement (such as a credit card application). This signature gives the lenders a personal guarantee of repayment of that debt and in the case of default they can go after the owner's personal assets. Other owners of the company (or investors) would not be liable if complete repayment is beyond the resources of the business, but the owner who had done the co-signing would be responsible for that amount. https://www.myusacorporation.eu/llc.htmlNohttps://www.spreaker.com/user/myusacorporation/corporate-veil-piercing-how-to-avoid-it
If you are a business owner, one of the most significant reasons to incorporate or form a limited liability company ("LLC") is to protect your personal assets from a business creditor's claims against your company. This ability of a properly-formed and maintained company to shield its owners from personal liability is sometimes referred to as the "corporate veil". Under certain circumstances, however, business creditors may be able to successfully make a claim against a business owner's personal assets or "pierce the corporate veil".

When properly managed, corporate veil provides crucial personal liability protection against creditors, lawsuits, and other disputes. Typically, these claims can only be applied to business assets. An owner's personal liability is restricted to your investment in the company. Personal assets, such as real estate, bank accounts or other investments, are safeguarded from business creditors. In other words, you only risk what you put into the business.

Most veil piercing circumstances occur because a business owner has either failed to abide by the legal requirements for operating a business or because the owner did not clearly separate his personal and business assets. Here are some guidelines for establishing your business and conducting it in a way that makes "piercing the corporate veil" less likely:
Separating Personal and Business Assets

If you are the owner of a corporation or an LLC, you are obligated to maintain a legal separation between yourself and your company. If you fail to do this, you risk creditors claiming that your company is merely your "alter ego" - a mere shell of your "self". Your personal assets may then become vulnerable to business creditors. These are some of the steps to take in order to separate business and personal assets:

First, not only should you maintain separate bank accounts for your business and personal finances, but you should never use company funds to pay your own personal expenses. If it becomes absolutely necessary for you to provide personal funds to pay employees or other pressing business expenses, document the additional funds as either a loan or an additional investment into the company.

Second, directors, officers and controlling shareholders (or members and managers of an LLC) have a general fiduciary duty of loyalty and integrity that should govern all their corporate conduct. This means that as an owner of a company you should always be making decisions that are in the company's best interest. An opposite behavior would be taking actions that benefit you personally to the detriment of the company you own. If an owner violates this duty either on purpose (in bad faith) or by not paying proper attention (negligently) he may be personally liable for any consequences of his actions on behalf of the company to a business creditor.

Third, it is important to maintain adequate business capital. If your business is deliberately undercapitalized (cannot afford to pay for its operational expenses), you may become financially responsible for legal claims against your company.

To guard against some of the mistakes listed above, companies can sometimes obtain "Errors and Omissions" insurance coverage that would insulate directors and officers from legal action caused by their conduct while representing the company.

https://www.myusacorporation.eu]]>tag:soundcloud,2010:tracks/548992620Sun, 23 Dec 2018 07:34:06 +0000MyUSACorporation EuropeProtecting Your Assets If you are a business owner, one of the most significant reasons to incorporate or form a limited liability company ("LLC") is to protect your personal assets from a business creditor's claims against your company. This ability...
If you are a business owner, one of the most significant reasons to incorporate or form a limited liability company ("LLC") is to protect your personal assets from a business creditor's claims against your company. This ability of a properly-formed and maintained company to shield its owners from personal liability is sometimes referred to as the "corporate veil". Under certain circumstances, however, business creditors may be able to successfully make a claim against a business owner's personal assets or "pierce the corporate veil".

When properly managed, corporate veil provides crucial personal liability protection against creditors, lawsuits, and other disputes. Typically, these claims can only be applied to business assets. An owner's personal liability is restricted to your investment in the company. Personal assets, such as real estate, bank accounts or other investments, are safeguarded from business creditors. In other words, you only risk what you put into the business.

Most veil piercing circumstances occur because a business owner has either failed to abide by the legal requirements for operating a business or because the owner did not clearly separate his personal and business assets. Here are some guidelines for establishing your business and conducting it in a way that makes "piercing the corporate veil" less likely:
Separating Personal and Business Assets

If you are the owner of a corporation or an LLC, you are obligated to maintain a legal separation between yourself and your company. If you fail to do this, you risk creditors claiming that your company is merely your "alter ego" - a mere shell of your "self". Your personal assets may then become vulnerable to business creditors. These are some of the steps to take in order to separate business and personal assets:

First, not only should you maintain separate bank accounts for your business and personal finances, but you should never use company funds to pay your own personal expenses. If it becomes absolutely necessary for you to provide personal funds to pay employees or other pressing business expenses, document the additional funds as either a loan or an additional investment into the company.

Second, directors, officers and controlling shareholders (or members and managers of an LLC) have a general fiduciary duty of loyalty and integrity that should govern all their corporate conduct. This means that as an owner of a company you should always be making decisions that are in the company's best interest. An opposite behavior would be taking actions that benefit you personally to the detriment of the company you own. If an owner violates this duty either on purpose (in bad faith) or by not paying proper attention (negligently) he may be personally liable for any consequences of his actions on behalf of the company to a business creditor.

Third, it is important to maintain adequate business capital. If your business is deliberately undercapitalized (cannot afford to pay for its operational expenses), you may become financially responsible for legal claims against your company.

To guard against some of the mistakes listed above, companies can sometimes obtain "Errors and Omissions" insurance coverage that would insulate directors and officers from legal action caused by their conduct while representing the company.

https://www.myusacorporation.eu]]>403cleanfullMyUSACorporation EuropeProtecting Your Assets If you are a business owner, one of the most significant reasons to incorporate or form a limited liability company ("LLC") is to protect your personal assets from a business creditor's claims against your company. This ability of a properly-formed and maintained company to shield its owners from personal liability is sometimes referred to as the "corporate veil". Under certain circumstances, however, business creditors may be able to successfully make a claim against a business owner's personal assets or "pierce the corporate veil". When properly managed, corporate veil provides crucial personal liability protection against creditors, lawsuits, and other disputes. Typically, these claims can only be applied to business assets. An owner's personal liability is restricted to your investment in the company. Personal assets, such as real estate, bank accounts or other investments, are safeguarded from business creditors. In other words, you only risk what you put into the business. Most veil piercing circumstances occur because a business owner has either failed to abide by the legal requirements for operating a business or because the owner did not clearly separate his personal and business assets. Here are some guidelines for establishing your business and conducting it in a way that makes "piercing the corporate veil" less likely: Separating Personal and Business Assets If you are the owner of a corporation or an LLC, you are obligated to maintain a legal separation between yourself and your company. If you fail to do this, you risk creditors claiming that your company is merely your "alter ego" - a mere shell of your "self". Your personal assets may then become vulnerable to business creditors. These are some of the steps to take in order to separate business and personal assets: First, not only should you maintain separate bank accounts for your business and personal finances, but you should never use company funds to pay your own personal expenses. If it becomes absolutely necessary for you to provide personal funds to pay employees or other pressing business expenses, document the additional funds as either a loan or an additional investment into the company. Second, directors, officers and controlling shareholders (or members and managers of an LLC) have a general fiduciary duty of loyalty and integrity that should govern all their corporate conduct. This means that as an owner of a company you should always be making decisions that are in the company's best interest. An opposite behavior would be taking actions that benefit you personally to the detriment of the company you own. If an owner violates this duty either on purpose (in bad faith) or by not paying proper attention (negligently) he may be personally liable for any consequences of his actions on behalf of the company to a business creditor. Third, it is important to maintain adequate business capital. If your business is deliberately undercapitalized (cannot afford to pay for its operational expenses), you may become financially responsible for legal claims against your company. To guard against some of the mistakes listed above, companies can sometimes obtain "Errors and Omissions" insurance coverage that would insulate directors and officers from legal action caused by their conduct while representing the company. https://www.myusacorporation.euNohttps://www.spreaker.com/user/myusacorporation/incorporation-in-delaware
Delaware is famed to be the "incorporation capital" of America - more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State, Division of Corporation's 2006 Annual Report the number of active business entities in Delaware has grown 50% in the last six years to a total of more than 765,000. In 2006, Delaware welcomed more than 145,000 new businesses.

The reason why so many Fortune 500 companies are drawn to this state is the fact that Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers/acquisitions.
Some Facts

Here are some facts dealing with forming a company in Delaware:

Names and addresses of shareholders, directors, officers, members or managers of a Delaware Company do not appear within public records. Moreover, during incorporation process, there is no obligation to provide this information to the State of Delaware.
No minimal capital investment in the Company is required.
There is no sales tax in Delaware.
The Company has no obligation to have a bank account in Delaware.
The Delaware Company headquarters may be located anywhere in the world. The Company has no obligation to have its headquarters in Delaware, nor to conduct any business in this state. The sole obligation for the Company doing business somewhere other than Delaware is to be represented by a Registered Agent in Delaware.
The same person can be Shareholder, Director and Officer of a Delaware Corporation. Directors can establish the price they wish for the sale of the Company's shares. They can also adopt, modify or repeal any Company bylaw.
If the Company does not do business in Delaware, it does not have to pay any income tax to the state (this is relevant to C-Corporations only).
If a Delaware Company shareholder doesn't reside in the state, the said shares are not subject to inheritance tax in case of death.
The Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries.
Delaware adopted a whole set of corporate laws which are very favorable to companies and which recognize contractual freedom. The "General Law Corporation" of Delaware is one of the most evolved and flexible corporate laws in the United States.

With all those advantages in place, Delaware might not be the most suitable place to incorporate your new business. Delaware is one of the three states commonly recognized as "corporate heavens", the other two being Nevada and Wyoming. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY.

https://www.myusacorporation.eu/delaware.html]]>tag:soundcloud,2010:tracks/548985921Sun, 23 Dec 2018 07:00:57 +0000MyUSACorporation EuropeWhy Delaware? Delaware is famed to be the "incorporation capital" of America - more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State, Division of Corporation's 2006 Annual Report the number of...
Delaware is famed to be the "incorporation capital" of America - more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State, Division of Corporation's 2006 Annual Report the number of active business entities in Delaware has grown 50% in the last six years to a total of more than 765,000. In 2006, Delaware welcomed more than 145,000 new businesses.

The reason why so many Fortune 500 companies are drawn to this state is the fact that Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers/acquisitions.
Some Facts

Here are some facts dealing with forming a company in Delaware:

Names and addresses of shareholders, directors, officers, members or managers of a Delaware Company do not appear within public records. Moreover, during incorporation process, there is no obligation to provide this information to the State of Delaware.
No minimal capital investment in the Company is required.
There is no sales tax in Delaware.
The Company has no obligation to have a bank account in Delaware.
The Delaware Company headquarters may be located anywhere in the world. The Company has no obligation to have its headquarters in Delaware, nor to conduct any business in this state. The sole obligation for the Company doing business somewhere other than Delaware is to be represented by a Registered Agent in Delaware.
The same person can be Shareholder, Director and Officer of a Delaware Corporation. Directors can establish the price they wish for the sale of the Company's shares. They can also adopt, modify or repeal any Company bylaw.
If the Company does not do business in Delaware, it does not have to pay any income tax to the state (this is relevant to C-Corporations only).
If a Delaware Company shareholder doesn't reside in the state, the said shares are not subject to inheritance tax in case of death.
The Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries.
Delaware adopted a whole set of corporate laws which are very favorable to companies and which recognize contractual freedom. The "General Law Corporation" of Delaware is one of the most evolved and flexible corporate laws in the United States.

With all those advantages in place, Delaware might not be the most suitable place to incorporate your new business. Delaware is one of the three states commonly recognized as "corporate heavens", the other two being Nevada and Wyoming. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY.

https://www.myusacorporation.eu/delaware.html]]>191cleanfullMyUSACorporation EuropeWhy Delaware? Delaware is famed to be the "incorporation capital" of America - more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State, Division of Corporation's 2006 Annual Report the number of active business entities in Delaware has grown 50% in the last six years to a total of more than 765,000. In 2006, Delaware welcomed more than 145,000 new businesses. The reason why so many Fortune 500 companies are drawn to this state is the fact that Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers/acquisitions. Some Facts Here are some facts dealing with forming a company in Delaware: Names and addresses of shareholders, directors, officers, members or managers of a Delaware Company do not appear within public records. Moreover, during incorporation process, there is no obligation to provide this information to the State of Delaware. No minimal capital investment in the Company is required. There is no sales tax in Delaware. The Company has no obligation to have a bank account in Delaware. The Delaware Company headquarters may be located anywhere in the world. The Company has no obligation to have its headquarters in Delaware, nor to conduct any business in this state. The sole obligation for the Company doing business somewhere other than Delaware is to be represented by a Registered Agent in Delaware. The same person can be Shareholder, Director and Officer of a Delaware Corporation. Directors can establish the price they wish for the sale of the Company's shares. They can also adopt, modify or repeal any Company bylaw. If the Company does not do business in Delaware, it does not have to pay any income tax to the state (this is relevant to C-Corporations only). If a Delaware Company shareholder doesn't reside in the state, the said shares are not subject to inheritance tax in case of death. The Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries. Delaware adopted a whole set of corporate laws which are very favorable to companies and which recognize contractual freedom. The "General Law Corporation" of Delaware is one of the most evolved and flexible corporate laws in the United States. With all those advantages in place, Delaware might not be the most suitable place to incorporate your new business. Delaware is one of the three states commonly recognized as "corporate heavens", the other two being Nevada and Wyoming. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY. https://www.myusacorporation.eu/delaware.htmlNohttps://www.spreaker.com/user/myusacorporation/incorporation-in-wyomingWhy Wyoming?

Few people know that little fact, but it was Wyoming that invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming's LLC and profited from it most through better marketing.

Wyoming is one of the best places to establish a company, and this is proven by the fact that a very high percentage of the companies dealing on Wall Street are registered in Wyoming.

The popularity of Wyoming as a "corporate heaven" in enhanced by the very liberal Corporation Law which enables companies to be established quickly with the broadest possible powers permitted under the law. There are little or no restrictions on any consequent business activities.
Advantages of Incorporating in Wyoming

Here are some advantages of incorporating or forming LLC in Wyoming:

Wyoming has no state corporate income taxes,
Wyoming has no franchise tax,
Wyoming has no tax on corporate shares,
The annual fees are based on the value of corporate assets that are physically located in Wyoming, not on assets located elsewhere,
One person may fill all the required corporate officers and directors,
Stockholders are not revealed to the State,
No annual report is required until the anniversary of the incorporation date,
The articles of incorporation may provide for unlimited stock without a requirement for stating par value,
Wyoming statute has provisions for bearer script which can be used when stockholders capitalize the corporation in increments less than the par value of the stock,
Wyoming allows for nominee shareholders,
Share certificates are not required,
There is no minimum capital requirements,
Meetings may be held anywhere in the world,
Corporate officers, directors, employees and agents are statutorily indemnified from personal liability associated with their corporate activity,
Additional indemnification is allowed even after suit is filed by a potential judgment creditor,
Wyoming has a continuance procedure, which allows a corporation formed in another state to change it's domicile to Wyoming wile maintaining its corporate history.

You can learn more about advantages of Wyoming over other states, as well as get help deciding whether you should or should not choose Wyoming as the state of registration by reading our article Start Your Business in Wyoming.

Wyoming is one of the three states commonly recognized as "corporate heavens", the other two being Delaware and Nevada. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY.

https://www.myusacorporation.eu/wyoming.html]]>tag:soundcloud,2010:tracks/548978517Sun, 23 Dec 2018 06:23:16 +0000MyUSACorporation EuropeIncorporation in Wyoming Why Wyoming? Few people know that little fact, but it was Wyoming that invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and...Why Wyoming?

Few people know that little fact, but it was Wyoming that invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming's LLC and profited from it most through better marketing.

Wyoming is one of the best places to establish a company, and this is proven by the fact that a very high percentage of the companies dealing on Wall Street are registered in Wyoming.

The popularity of Wyoming as a "corporate heaven" in enhanced by the very liberal Corporation Law which enables companies to be established quickly with the broadest possible powers permitted under the law. There are little or no restrictions on any consequent business activities.
Advantages of Incorporating in Wyoming

Here are some advantages of incorporating or forming LLC in Wyoming:

Wyoming has no state corporate income taxes,
Wyoming has no franchise tax,
Wyoming has no tax on corporate shares,
The annual fees are based on the value of corporate assets that are physically located in Wyoming, not on assets located elsewhere,
One person may fill all the required corporate officers and directors,
Stockholders are not revealed to the State,
No annual report is required until the anniversary of the incorporation date,
The articles of incorporation may provide for unlimited stock without a requirement for stating par value,
Wyoming statute has provisions for bearer script which can be used when stockholders capitalize the corporation in increments less than the par value of the stock,
Wyoming allows for nominee shareholders,
Share certificates are not required,
There is no minimum capital requirements,
Meetings may be held anywhere in the world,
Corporate officers, directors, employees and agents are statutorily indemnified from personal liability associated with their corporate activity,
Additional indemnification is allowed even after suit is filed by a potential judgment creditor,
Wyoming has a continuance procedure, which allows a corporation formed in another state to change it's domicile to Wyoming wile maintaining its corporate history.

You can learn more about advantages of Wyoming over other states, as well as get help deciding whether you should or should not choose Wyoming as the state of registration by reading our article Start Your Business in Wyoming.

Wyoming is one of the three states commonly recognized as "corporate heavens", the other two being Delaware and Nevada. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY.

https://www.myusacorporation.eu/wyoming.html]]>195cleanfullMyUSACorporation EuropeIncorporation in Wyoming Why Wyoming? Few people know that little fact, but it was Wyoming that invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming's LLC and profited from it most through better marketing. Wyoming is one of the best places to establish a company, and this is proven by the fact that a very high percentage of the companies dealing on Wall Street are registered in Wyoming. The popularity of Wyoming as a "corporate heaven" in enhanced by the very liberal Corporation Law which enables companies to be established quickly with the broadest possible powers permitted under the law. There are little or no restrictions on any consequent business activities. Advantages of Incorporating in Wyoming Here are some advantages of incorporating or forming LLC in Wyoming: Wyoming has no state corporate income taxes, Wyoming has no franchise tax, Wyoming has no tax on corporate shares, The annual fees are based on the value of corporate assets that are physically located in Wyoming, not on assets located elsewhere, One person may fill all the required corporate officers and directors, Stockholders are not revealed to the State, No annual report is required until the anniversary of the incorporation date, The articles of incorporation may provide for unlimited stock without a requirement for stating par value, Wyoming statute has provisions for bearer script which can be used when stockholders capitalize the corporation in increments less than the par value of the stock, Wyoming allows for nominee shareholders, Share certificates are not required, There is no minimum capital requirements, Meetings may be held anywhere in the world, Corporate officers, directors, employees and agents are statutorily indemnified from personal liability associated with their corporate activity, Additional indemnification is allowed even after suit is filed by a potential judgment creditor, Wyoming has a continuance procedure, which allows a corporation formed in another state to change it's domicile to Wyoming wile maintaining its corporate history. You can learn more about advantages of Wyoming over other states, as well as get help deciding whether you should or should not choose Wyoming as the state of registration by reading our article Start Your Business in Wyoming. Wyoming is one of the three states commonly recognized as "corporate heavens", the other two being Delaware and Nevada. Before making your choice please see our article that runs a comparison DE vs. NV. vs. WY. https://www.myusacorporation.eu/wyoming.htmlNohttps://www.spreaker.com/user/myusacorporation/basic-formalities-for-your-new-corporati
Examples of the more complex cases requiring corporate attorney attention are mentioned in the end of this article. Also, this article deals with for-profit corporations only.

And now lets proceed to the basics.
Corporate Formalities vs. LLC Formalities

One of the advantages of the LLC over corporation has to do with LLC structure and company formalities, both being less complex than corporate structure and formalities. As such, many states do not even require LLCs to have Operating Agreements, though it is a good practice to always have one in place. Corporations on the other hand are required to have Bylaws and Minutes of Initial Meetings in almost all states.
Basics of Corporate Structure & Corporate Roles

Corporation is an entity separate from its owners, and has a three-level structure: it is owned by shareholders, managed by board of directors, and it's day to day operations are run by officers.

Below you can see the roles involved, as well as the steps that are typically taken in order to properly establish a standard corporation. The steps don't have to be in that order - there is typically a degree of freedom in terms of what is done first.
Incorporator

A person or a group or persons who decide to form a corporation (typically future owners of the corporation) appoint someone - a person or an organization - to act as the Incorporator of their new corporation. For example, our in-house incorporators representing our company act as Incorporators on most corporations that our company forms on behalf of our clients.

The role of an Incorporator officially ends when the corporation is registered with the state, and the Incorporator issues a Letter of Resignation, naming the initial Directors of the corporation.
Board of Directors

A board of directors is a body of elected members (Directors) who jointly oversee the activities of a corporation. Board of Directors is elected by the vote of Shareholders (though initial board is appointed by the resigning Incorporator), and part of the responsibilities of the board is to appoint corporate officers and issue shares of stock.

Initial Board of directors is listed in the Letter of Resignation of the Incorporator, and this initial board is responsible to adopt the governing document of the corporation - the corporate Bylaws - as well as make first decisions involving initial issue of stock and sale of this stock to shareholders, as well as appointing corporate officers. For that purpose the First Meeting of Board of Directors takes place and its summary is recorded in the document called "Minutes of the First Meeting of Board of Directors".
Shareholders

Shareholders are owners of the corporation, who typically contribute money or other tangible or intangible value to the corporation in exchange for corporate shares of stock.

Shareholders can be individuals or organizations, such as other corporations, LLCs, trusts, etc. To become a shareholder one needs to purchase shares of the corporation either from a new issue of stock (which is authorized by the Board of Directors), or through purchase of existing shares from other shareholders.

https://www.myusacorporation.eu/corporation.html]]>tag:soundcloud,2010:tracks/548966694Sun, 23 Dec 2018 05:24:41 +0000MyUSACorporation EuropeLet's start from a little disclaimer: corporate formalities can be and in many cases are a rather complex topic. This article attempts to capture the most basic scenarios which are also the most common ones. That being said, we always recommend to...
Examples of the more complex cases requiring corporate attorney attention are mentioned in the end of this article. Also, this article deals with for-profit corporations only.

And now lets proceed to the basics.
Corporate Formalities vs. LLC Formalities

One of the advantages of the LLC over corporation has to do with LLC structure and company formalities, both being less complex than corporate structure and formalities. As such, many states do not even require LLCs to have Operating Agreements, though it is a good practice to always have one in place. Corporations on the other hand are required to have Bylaws and Minutes of Initial Meetings in almost all states.
Basics of Corporate Structure & Corporate Roles

Corporation is an entity separate from its owners, and has a three-level structure: it is owned by shareholders, managed by board of directors, and it's day to day operations are run by officers.

Below you can see the roles involved, as well as the steps that are typically taken in order to properly establish a standard corporation. The steps don't have to be in that order - there is typically a degree of freedom in terms of what is done first.
Incorporator

A person or a group or persons who decide to form a corporation (typically future owners of the corporation) appoint someone - a person or an organization - to act as the Incorporator of their new corporation. For example, our in-house incorporators representing our company act as Incorporators on most corporations that our company forms on behalf of our clients.

The role of an Incorporator officially ends when the corporation is registered with the state, and the Incorporator issues a Letter of Resignation, naming the initial Directors of the corporation.
Board of Directors

A board of directors is a body of elected members (Directors) who jointly oversee the activities of a corporation. Board of Directors is elected by the vote of Shareholders (though initial board is appointed by the resigning Incorporator), and part of the responsibilities of the board is to appoint corporate officers and issue shares of stock.

Initial Board of directors is listed in the Letter of Resignation of the Incorporator, and this initial board is responsible to adopt the governing document of the corporation - the corporate Bylaws - as well as make first decisions involving initial issue of stock and sale of this stock to shareholders, as well as appointing corporate officers. For that purpose the First Meeting of Board of Directors takes place and its summary is recorded in the document called "Minutes of the First Meeting of Board of Directors".
Shareholders

Shareholders are owners of the corporation, who typically contribute money or other tangible or intangible value to the corporation in exchange for corporate shares of stock.

Shareholders can be individuals or organizations, such as other corporations, LLCs, trusts, etc. To become a shareholder one needs to purchase shares of the corporation either from a new issue of stock (which is authorized by the Board of Directors), or through purchase of existing shares from other shareholders.

https://www.myusacorporation.eu/corporation.html]]>979cleanfullMyUSACorporation EuropeLet's start from a little disclaimer: corporate formalities can be and in many cases are a rather complex topic. This article attempts to capture the most basic scenarios which are also the most common ones. That being said, we always recommend to consult a corporate/business attorney, licensed to practice law in the state of your corporation's registration, who will be in a best position to offer advice on specific formalities that might be required for corporations registered in that state. Examples of the more complex cases requiring corporate attorney attention are mentioned in the end of this article. Also, this article deals with for-profit corporations only. And now lets proceed to the basics. Corporate Formalities vs. LLC Formalities One of the advantages of the LLC over corporation has to do with LLC structure and company formalities, both being less complex than corporate structure and formalities. As such, many states do not even require LLCs to have Operating Agreements, though it is a good practice to always have one in place. Corporations on the other hand are required to have Bylaws and Minutes of Initial Meetings in almost all states. Basics of Corporate Structure & Corporate Roles Corporation is an entity separate from its owners, and has a three-level structure: it is owned by shareholders, managed by board of directors, and it's day to day operations are run by officers. Below you can see the roles involved, as well as the steps that are typically taken in order to properly establish a standard corporation. The steps don't have to be in that order - there is typically a degree of freedom in terms of what is done first. Incorporator A person or a group or persons who decide to form a corporation (typically future owners of the corporation) appoint someone - a person or an organization - to act as the Incorporator of their new corporation. For example, our in-house incorporators representing our company act as Incorporators on most corporations that our company forms on behalf of our clients. The role of an Incorporator officially ends when the corporation is registered with the state, and the Incorporator issues a Letter of Resignation, naming the initial Directors of the corporation. Board of Directors A board of directors is a body of elected members (Directors) who jointly oversee the activities of a corporation. Board of Directors is elected by the vote of Shareholders (though initial board is appointed by the resigning Incorporator), and part of the responsibilities of the board is to appoint corporate officers and issue shares of stock. Initial Board of directors is listed in the Letter of Resignation of the Incorporator, and this initial board is responsible to adopt the governing document of the corporation - the corporate Bylaws - as well as make first decisions involving initial issue of stock and sale of this stock to shareholders, as well as appointing corporate officers. For that purpose the First Meeting of Board of Directors takes place and its summary is recorded in the document called "Minutes of the First Meeting of Board of Directors". Shareholders Shareholders are owners of the corporation, who typically contribute money or other tangible or intangible value to the corporation in exchange for corporate shares of stock. Shareholders can be individuals or organizations, such as other corporations, LLCs, trusts, etc. To become a shareholder one needs to purchase shares of the corporation either from a new issue of stock (which is authorized by the Board of Directors), or through purchase of existing shares from other shareholders. https://www.myusacorporation.eu/corporation.htmlNohttps://www.spreaker.com/user/myusacorporation/u-s-taxation-for-foreign-entrepreneurs
Q. What are the main types of business taxes in the U.S.?

The main two types of taxes a foreign U.S. business owner should be concerned about are income tax and sales tax. Those are two completely different, unrelated taxes.

Q. Are there any other taxes I should be concerned about?

Some types of products have additional tax (and licensing) requirements, for example liquor and tobacco products, as well as other products. If you are not sure if your product or service has licensing or taxation requirements contact us and we will assist you with the research.

Q. How does U.S. income tax work?

This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City).

However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how.

OK - now that we know the difference between sales tax and income tax let’s handle the sales tax portion of U.S. taxation, before diving into the depths of income taxation.

If you want to skip the Sales Tax section click here.
Sales Tax Questions

Q. How does the sales tax work?

Sales tax is a tax paid by the end user (consumer) of a tangible product (and in some cases service) sold by a retailer. This tax is paid on a state level (there is currently no national sales tax or VAT).

For example, if you own electronics store in NYC, and a customer comes in and buys an item in your store, you would apply 8.875% (as of 2013) tax on top of the price paid by the customer. Then you are responsible to file a sales tax report to NY state and remit (pay) all the tax money collected from the customers.

Q. How do I know if I need to apply sales tax on the stuff I sell?

Excellent question. Before reaching a conclusion you must answer three questions first:

Are you selling to end users, or are you a wholesaler? Only retailers selling to end users are required to collect and remit sales tax.

Does your business have nexus in any state that has sales tax? Nexus is physical connection, and we discuss it later in this article. Some states (Alaska, Delaware, Montana, New Hampshire and Oregon) have no sales tax to begin with.

Is your product/service taxable to begin with? Keep in mind, most tangible goods are taxable, while most services are not, but each jurisdiction has its own rules, so it’s not that simple.

Q. Should I register in a state that has no sales tax, to avoid having to deal with it?

Sorry, but it’s not that easy.

For example, let’s assume you register in Delaware (that has no sales tax) and you are selling some tangible items by shipping them from China to buyers in the U.S. Since in this case your business only has nexus in Delaware (as state of registration), you will not have to worry about sales tax at all. However, if you are using a U.S. dropshipper that ships the product from warehouses in California, Kentucky and New Jersey, technically you are required to collect sales tax from buyers of your product in all three mentioned states.

https://www.myusacorporation.eu/taxes.html]]>tag:soundcloud,2010:tracks/548586840Sat, 22 Dec 2018 06:04:19 +0000MyUSACorporation EuropeGeneral Taxation Questions Q. What are the main types of business taxes in the U.S.? The main two types of taxes a foreign U.S. business owner should be concerned about are income tax and sales tax. Those are two completely different, unrelated...
Q. What are the main types of business taxes in the U.S.?

The main two types of taxes a foreign U.S. business owner should be concerned about are income tax and sales tax. Those are two completely different, unrelated taxes.

Q. Are there any other taxes I should be concerned about?

Some types of products have additional tax (and licensing) requirements, for example liquor and tobacco products, as well as other products. If you are not sure if your product or service has licensing or taxation requirements contact us and we will assist you with the research.

Q. How does U.S. income tax work?

This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City).

However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how.

OK - now that we know the difference between sales tax and income tax let’s handle the sales tax portion of U.S. taxation, before diving into the depths of income taxation.

If you want to skip the Sales Tax section click here.
Sales Tax Questions

Q. How does the sales tax work?

Sales tax is a tax paid by the end user (consumer) of a tangible product (and in some cases service) sold by a retailer. This tax is paid on a state level (there is currently no national sales tax or VAT).

For example, if you own electronics store in NYC, and a customer comes in and buys an item in your store, you would apply 8.875% (as of 2013) tax on top of the price paid by the customer. Then you are responsible to file a sales tax report to NY state and remit (pay) all the tax money collected from the customers.

Q. How do I know if I need to apply sales tax on the stuff I sell?

Excellent question. Before reaching a conclusion you must answer three questions first:

Are you selling to end users, or are you a wholesaler? Only retailers selling to end users are required to collect and remit sales tax.

Does your business have nexus in any state that has sales tax? Nexus is physical connection, and we discuss it later in this article. Some states (Alaska, Delaware, Montana, New Hampshire and Oregon) have no sales tax to begin with.

Is your product/service taxable to begin with? Keep in mind, most tangible goods are taxable, while most services are not, but each jurisdiction has its own rules, so it’s not that simple.

Q. Should I register in a state that has no sales tax, to avoid having to deal with it?

Sorry, but it’s not that easy.

For example, let’s assume you register in Delaware (that has no sales tax) and you are selling some tangible items by shipping them from China to buyers in the U.S. Since in this case your business only has nexus in Delaware (as state of registration), you will not have to worry about sales tax at all. However, if you are using a U.S. dropshipper that ships the product from warehouses in California, Kentucky and New Jersey, technically you are required to collect sales tax from buyers of your product in all three mentioned states.

https://www.myusacorporation.eu/taxes.html]]>1657cleanfullMyUSACorporation EuropeGeneral Taxation Questions Q. What are the main types of business taxes in the U.S.? The main two types of taxes a foreign U.S. business owner should be concerned about are income tax and sales tax. Those are two completely different, unrelated taxes. Q. Are there any other taxes I should be concerned about? Some types of products have additional tax (and licensing) requirements, for example liquor and tobacco products, as well as other products. If you are not sure if your product or service has licensing or taxation requirements contact us and we will assist you with the research. Q. How does U.S. income tax work? This is a simple question, however it’s U.S. income tax we are talking about. Technically, each taxpayer must pay tax on the income created in the U.S., and in some cases (such as the case of U.S. citizens or permanent residents) on income created abroad. The income tax is paid to the federal government (IRS), and in many cases to the state of residence, and in some cases even to the local jurisdiction (e.g. New York City). However, we created this article precisely for the reason we cannot just simply answer this otherwise great question - the real answer is “it depends, because it’s complicated”. Keep reading the next items to see if U.S. income tax applies to you, and how. OK - now that we know the difference between sales tax and income tax let’s handle the sales tax portion of U.S. taxation, before diving into the depths of income taxation. If you want to skip the Sales Tax section click here. Sales Tax Questions Q. How does the sales tax work? Sales tax is a tax paid by the end user (consumer) of a tangible product (and in some cases service) sold by a retailer. This tax is paid on a state level (there is currently no national sales tax or VAT). For example, if you own electronics store in NYC, and a customer comes in and buys an item in your store, you would apply 8.875% (as of 2013) tax on top of the price paid by the customer. Then you are responsible to file a sales tax report to NY state and remit (pay) all the tax money collected from the customers. Q. How do I know if I need to apply sales tax on the stuff I sell? Excellent question. Before reaching a conclusion you must answer three questions first: Are you selling to end users, or are you a wholesaler? Only retailers selling to end users are required to collect and remit sales tax. Does your business have nexus in any state that has sales tax? Nexus is physical connection, and we discuss it later in this article. Some states (Alaska, Delaware, Montana, New Hampshire and Oregon) have no sales tax to begin with. Is your product/service taxable to begin with? Keep in mind, most tangible goods are taxable, while most services are not, but each jurisdiction has its own rules, so it’s not that simple. Q. Should I register in a state that has no sales tax, to avoid having to deal with it? Sorry, but it’s not that easy. For example, let’s assume you register in Delaware (that has no sales tax) and you are selling some tangible items by shipping them from China to buyers in the U.S. Since in this case your business only has nexus in Delaware (as state of registration), you will not have to worry about sales tax at all. However, if you are using a U.S. dropshipper that ships the product from warehouses in California, Kentucky and New Jersey, technically you are required to collect sales tax from buyers of your product in all three mentioned states. https://www.myusacorporation.eu/taxes.htmlNohttps://www.spreaker.com/user/myusacorporation/opening-a-bank-account-in-the-united-sta
After 9/11 and with the passing of the Patriot Act it became really hard for foreigners to open U.S. bank accounts. Today all US banks are required to document verification that the person opening the account is the person on the I.D. they’re receiving. The easiest solutions practically all banks chose to go with is simply having one of the employees in their branches make sure that the person opening the account in the branch is the same person in the photo I.D.

Some remote account opening options become available from time to time. You are welcome to check this post to see what options are currently available. Otherwise you are welcome to continue reading this article to find out how else you can open a bank account.
Ways to Open a Business Bank Account in the US, and Alternatives

So what are the possible ways to open a bank account in the US for a non-US person, not residing in the US? Let me present you with several possible solutions to this dilemma, including some alternatives to opening an account in the US:
If You Have a Personal Bank Account in the U.S...

If you visited the U.S. in the past and have opened a personal bank account your best bet would be to try to contact your bank (preferably the same branch) and see if the would open an account for your business remotely.

Try a Few Online Bank Options

Periodically it's possible to find an opportunity to open an account remotely with an online bank. For example, you can try such banks as Silicon Valley Bank）or EverBank. Also, eTrade seems to have the option of opening a bank account, even though they are technically a brokerage. It's a long shot, but worth trying before anything else.

Keep in mind: online banks typically require an SSN (Social Security Number), but would open an account if you have ITIN (individual Tax Identification Number) as a replacement (ITIN has the same number of digits as SSN).

Use a Reloadable Prepaid Debit Card Account Instead of Traditional Bank Account

In most cases what you need is not a bank account per se, but the functions provided by a traditional bank account. For that you can use a reloadable prepaid debit card from companies such as NetSpend，Payoneer , etc. What you get is an internationally recognized debit card and an account number with routing and ABA numbers.

With such an account you can set up free Direct Deposit of your paycheck, have your card reloaded at various locations (for example NetSpend list on their website more than 100,000 NetSpend Reload Network Locations throughout the U.S. to add cash or checks), and transfer money using PayPal®, a checking or savings account, or another card account (NetSpend or Payoneer). You should even consider opening accounts with several of those companies, to diversify your financial option.

https://www.myusacorporation.ru/en/us-bank-account-for-non-residents.html]]>tag:soundcloud,2010:tracks/548574591Sat, 22 Dec 2018 05:10:47 +0000MyUSACorporation EuropeMany international businesses need to open a U.S. business bank accounts to make doing business with U.S. customers more convenient and to avoid the hassle of foreign currency and exchange rates. In general, it is strongly recommended that a business...
After 9/11 and with the passing of the Patriot Act it became really hard for foreigners to open U.S. bank accounts. Today all US banks are required to document verification that the person opening the account is the person on the I.D. they’re receiving. The easiest solutions practically all banks chose to go with is simply having one of the employees in their branches make sure that the person opening the account in the branch is the same person in the photo I.D.

Some remote account opening options become available from time to time. You are welcome to check this post to see what options are currently available. Otherwise you are welcome to continue reading this article to find out how else you can open a bank account.
Ways to Open a Business Bank Account in the US, and Alternatives

So what are the possible ways to open a bank account in the US for a non-US person, not residing in the US? Let me present you with several possible solutions to this dilemma, including some alternatives to opening an account in the US:
If You Have a Personal Bank Account in the U.S...

If you visited the U.S. in the past and have opened a personal bank account your best bet would be to try to contact your bank (preferably the same branch) and see if the would open an account for your business remotely.

Try a Few Online Bank Options

Periodically it's possible to find an opportunity to open an account remotely with an online bank. For example, you can try such banks as Silicon Valley Bank）or EverBank. Also, eTrade seems to have the option of opening a bank account, even though they are technically a brokerage. It's a long shot, but worth trying before anything else.

Keep in mind: online banks typically require an SSN (Social Security Number), but would open an account if you have ITIN (individual Tax Identification Number) as a replacement (ITIN has the same number of digits as SSN).

Use a Reloadable Prepaid Debit Card Account Instead of Traditional Bank Account

In most cases what you need is not a bank account per se, but the functions provided by a traditional bank account. For that you can use a reloadable prepaid debit card from companies such as NetSpend，Payoneer , etc. What you get is an internationally recognized debit card and an account number with routing and ABA numbers.

With such an account you can set up free Direct Deposit of your paycheck, have your card reloaded at various locations (for example NetSpend list on their website more than 100,000 NetSpend Reload Network Locations throughout the U.S. to add cash or checks), and transfer money using PayPal®, a checking or savings account, or another card account (NetSpend or Payoneer). You should even consider opening accounts with several of those companies, to diversify your financial option.

https://www.myusacorporation.ru/en/us-bank-account-for-non-residents.html]]>1214cleanfullMyUSACorporation EuropeMany international businesses need to open a U.S. business bank accounts to make doing business with U.S. customers more convenient and to avoid the hassle of foreign currency and exchange rates. In general, it is strongly recommended that a business entity maintains a separate bank account. This would help keep entity in compliance with IRS record-keeping requirements and will provide for a better way to manage company’s cash flow. After 9/11 and with the passing of the Patriot Act it became really hard for foreigners to open U.S. bank accounts. Today all US banks are required to document verification that the person opening the account is the person on the I.D. they’re receiving. The easiest solutions practically all banks chose to go with is simply having one of the employees in their branches make sure that the person opening the account in the branch is the same person in the photo I.D. Some remote account opening options become available from time to time. You are welcome to check this post to see what options are currently available. Otherwise you are welcome to continue reading this article to find out how else you can open a bank account. Ways to Open a Business Bank Account in the US, and Alternatives So what are the possible ways to open a bank account in the US for a non-US person, not residing in the US? Let me present you with several possible solutions to this dilemma, including some alternatives to opening an account in the US: If You Have a Personal Bank Account in the U.S... If you visited the U.S. in the past and have opened a personal bank account your best bet would be to try to contact your bank (preferably the same branch) and see if the would open an account for your business remotely. Try a Few Online Bank Options Periodically it's possible to find an opportunity to open an account remotely with an online bank. For example, you can try such banks as Silicon Valley Bank）or EverBank. Also, eTrade seems to have the option of opening a bank account, even though they are technically a brokerage. It's a long shot, but worth trying before anything else. Keep in mind: online banks typically require an SSN (Social Security Number), but would open an account if you have ITIN (individual Tax Identification Number) as a replacement (ITIN has the same number of digits as SSN). Use a Reloadable Prepaid Debit Card Account Instead of Traditional Bank Account In most cases what you need is not a bank account per se, but the functions provided by a traditional bank account. For that you can use a reloadable prepaid debit card from companies such as NetSpend，Payoneer , etc. What you get is an internationally recognized debit card and an account number with routing and ABA numbers. With such an account you can set up free Direct Deposit of your paycheck, have your card reloaded at various locations (for example NetSpend list on their website more than 100,000 NetSpend Reload Network Locations throughout the U.S. to add cash or checks), and transfer money using PayPal®, a checking or savings account, or another card account (NetSpend or Payoneer). You should even consider opening accounts with several of those companies, to diversify your financial option. https://www.myusacorporation.ru/en/us-bank-account-for-non-residents.htmlNohttps://www.spreaker.com/user/myusacorporation/one-of-the-biggest-mistakes-many-new-bus
So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat.

Not so fast!

With more than half-a-million new businesses starting in the United States each year, there are bound to be some mistakes. And among the biggest are errors related to new business entity and license filing.

When it comes to starting a new business, you’re not dealing with a one size fits all situation.

Choosing The Wrong Business Entity Could Cost You

Each type of business entity has its own advantages and disadvantages. For example, if you decide to go into business for yourself, you’ll probably choose a sole proprietorship. All it takes is an application for a special Tax ID number and you’re good to go.

But did you know that, by selecting this type of business entity, you’ll be opening up yourself to potential tax and legal liabilities?

Or what if you choose to register as a corporation? Are you prepared to be compliant with the required record-keeping and filing obligations? Not only is there a lot of extra paperwork with a corporate entity, it can also be quite costly.

How Do You Pick The Right Entity?

https://myusacorporation.eu/new-business-mistakes.html]]>tag:soundcloud,2010:tracks/547163523Wed, 19 Dec 2018 08:17:13 +0000MyUSACorporation EuropeOne Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It) So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your...
So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat.

Not so fast!

With more than half-a-million new businesses starting in the United States each year, there are bound to be some mistakes. And among the biggest are errors related to new business entity and license filing.

When it comes to starting a new business, you’re not dealing with a one size fits all situation.

Choosing The Wrong Business Entity Could Cost You

Each type of business entity has its own advantages and disadvantages. For example, if you decide to go into business for yourself, you’ll probably choose a sole proprietorship. All it takes is an application for a special Tax ID number and you’re good to go.

But did you know that, by selecting this type of business entity, you’ll be opening up yourself to potential tax and legal liabilities?

Or what if you choose to register as a corporation? Are you prepared to be compliant with the required record-keeping and filing obligations? Not only is there a lot of extra paperwork with a corporate entity, it can also be quite costly.

How Do You Pick The Right Entity?

https://myusacorporation.eu/new-business-mistakes.html]]>341cleanfullMyUSACorporation EuropeOne Of The Biggest Mistakes Many New Business Owners Make (And How To Avoid It) So you’ve got a brilliant idea that you want to turn into a business. You want to save every penny possible as you get things going, so you file the papers to create your own business entity. It’s pretty simple, after all. You find some forms online, fill them out, and you you should be in business in no time flat. Not so fast! With more than half-a-million new businesses starting in the United States each year, there are bound to be some mistakes. And among the biggest are errors related to new business entity and license filing. When it comes to starting a new business, you’re not dealing with a one size fits all situation. Choosing The Wrong Business Entity Could Cost You Each type of business entity has its own advantages and disadvantages. For example, if you decide to go into business for yourself, you’ll probably choose a sole proprietorship. All it takes is an application for a special Tax ID number and you’re good to go. But did you know that, by selecting this type of business entity, you’ll be opening up yourself to potential tax and legal liabilities? Or what if you choose to register as a corporation? Are you prepared to be compliant with the required record-keeping and filing obligations? Not only is there a lot of extra paperwork with a corporate entity, it can also be quite costly. How Do You Pick The Right Entity? https://myusacorporation.eu/new-business-mistakes.htmlNo