How To Open A Company In USA Being A Non-Resident
“Turn Your International Business Dream into Reality with Bizcognitis! Headquarters in Pakistan, Operations in the USA. Discover how to overcome the visa hurdle and establish your US company remotely. Learn step by step in our article and get guided assistance throughout the process.”
Unlock Business Opportunities in the USA with a Limited Liability Company (LLC) Your Legal Pathway to Success.
Optimal Business Structure for Global Ventures: The Power of LLCs (Limited Liability Companies). Discover the Affordable and Adaptable Solution for Non-Entrepreneurs to Run Overseas Businesses Seamlessly.
Creating a US LLC from Abroad: A Step-by-Step Guide
The United States extends a warm invitation to international businesses and has streamlined the process for non-citizens to establish their presence by forming an LLC. The procedure for creating an LLC includes the following uncomplicated steps
Step 1: Choose a State
When opting for LLC formation from outside the USA, it’s advisable to target states with minimal or zero taxes. States like Nevada, Delaware, and Wyoming are renowned for their cost-effectiveness.
Step 2: Name Your LLC
Selecting an appropriate name for your LLC is crucial for obtaining an EIN and opening a US bank account. Observe these guidelines when naming your company:
- 1 – Ensure your company name includes “limited liability company” or its abbreviations, LLC/L.L.C.
- 2 – Avoid terms like FBI, State Department, etc., as they can create confusion with government agencies.
- 3 – Use of regulated terms like University, Attorney, and Banks necessitates extra paperwork and a licensed individual. For such cases, Bizcognitis offers licensed experts and manages paperwork.
- 4 – Secure your business URL even if you don’t plan to create a website, preventing others from acquiring it.
Step 3: Engage a Registered Agent
Conducting business from abroad necessitates the presence of a registered agent. This agent, whether an individual or a third party, serves as the intermediary for sending and receiving legal documents on your behalf within the USA. These documents encompass essential correspondences like official filings, legal notifications, tax forms, service of process notices, and lawsuit notifications.
Bizcognitis can assume the role of your dependable registered agent, responsibly handling all received documents and promptly dispatching them to your headquarters in Pakistan within 2-3 days.
Step 4: Lodge Your LLC with the Selected State:
Formalizing your LLC requires submitting a specific document – typically named Articles of Organization, Certificate of Formation, or Certificate of Organization. This document encompasses essential details such as:
- 1- Company Name
- 2- Address of Your Company’s Agent
- 3- Name and Legal Address of the Incorporator
- 4- Authorized Shares’ Value
Step 5: Draft an LLC Operating Agreement
An operating agreement, a legal document, outlines operational procedures, ownership rights, responsibilities, and ownership structure within the LLC. Crafting an operating agreement is pivotal as it aligns all business owners and ensures a harmonious operational framework according to state mandates.
Step 6: Acquire an Employer Identification Number (EIN)
Securing an Employer Identification Number (EIN) holds significant importance in the LLC formation process. This number facilitates employee hiring, tax payment, and license acquisition. The process of obtaining an EIN has evolved to be more accessible. Notably, you no longer need:
- 1- Social Security Number (SSN)
- 2- US Mailing Address
- 3- Individual Tax Identification Number (ITIN)
The IRS has introduced an online avenue for EIN acquisition. Foreign entrepreneurs can also opt for the traditional fax or mail route.
Step 7: Establish a Physical US Mailing Address
Selecting a state for your LLC filing necessitates having a physical mailing address within that state. Several approaches can be adopted:
Scheme 1: If feasible, personally visit the US to establish an office or residence in the chosen state. However, this may not be viable for those lacking a US visa or facing other constraints.
Scheme 2: Utilize the address of a reliable contact (relative or friend) in the US as your mailing address. Yet, this approach isn’t always feasible.
Scheme 3: Engage services like Bizcognitis to establish a bona fide US mailing address – a foolproof scheme. This service not only provides a genuine US address but also receives, scans, and delivers your mail online, forwarding packages internationally.
Step 8: Establish a US Bank Account
Opening a US bank account marks a more intricate phase of the procedure due to the requirement of physical presence at the banks. This criterion is mandated by US anti-money laundering regulations, which necessitate the banks to verify their clients’ identities in person.
However, Bizcognitis eliminates the need to relinquish your business aspirations. We offer a seamless and efficient method to remotely open a US bank account, ensuring you can pursue your dream business without geographical constraints.”
Turning Dreams into Reality with Bizcognitis
Your long-held dream of establishing a US company no longer needs to be postponed due to the complexities of the process. With the comprehensive support of Bizcognitis, you can navigate seamlessly through paperwork, legalities, securing licenses, engaging a registered partner in the USA, filing Articles of Organization, crafting operating agreements, obtaining a mailing address, and ultimately, smoothly opening a bank account.”