FAQ

FREQUENTLY ASKED QUESTIONS

HERE ARE SOME COMMON QUESTIONS

GETTING

STARTED

BUSINESS

QUESTIONS

What do I need to Open a Bank Account?

The Essentials package is specifically designed for clients that need to open a Bank Account as quickly as possible. Most Banks will require the following documents to open an account: Articles of Organization, Federal Tax Identification Number (EIN), Operating Agreement, Original Company Meeting Minutes, and a Bank Resolution.

How do I start an LLC?

Forming an LLC for your business requires several steps, including naming your LLC, appointing a registered agent, preparing an operating agreement, and filing articles of organization with the Secretary of State in the state in which you are forming your business.

What is a limited liability company (LLC)?

A limited liability company (LLC) is a popular business structure that allows for the simplicity of pass-through taxation like a sole-proprietorship while providing liability protection for owners similar to a corporation.

What is a Registered Agent?

A registered agent is an individual or a company assigned to receive service of process and other official mail on behalf of a business. Generally, registered agents must maintain a physical address and be available to receive service of process during normal business hours, Monday - Friday.

 
Do I need to be a US citizen to register a company in the USA?

Not at all! You can form an LLC (Limited Liability Company) or C-corp from almost anywhere* in the world with our team of experts! We work closely to ensure that every step is taken care of for you.

What documents do I need to form my US business?

We understand how important your time is. That is why we tried to keep our onboarding as simple as possible. We only require:

  • Your contact information (i.e. Your name, email address, phone number etc.)
  • A name for your new US company
  • A photo ID (government-issued passport preffered)

That’s it we will take it from there and your new business will be registered in the US in your preferred state.

I do not have a passport can I use my NID?

We can start the process with any valid photo ID. However a government issued a passport is highly recommended as most banks only accepts passport for non-US citizens for KYC.

Should I form an LLC or a C Corp?

This is a question that you have to ask yourself, and there are pros and cons both ways. Here we can give an insight into what might be best for your business in general terms:

An LLC is a fantastic option for new firms if you want liability protection and flexibility (minimal administrative upkeep, tax flexibility). LLCs are super simpler to establish and run.

A C Corporation is a fantastic option if you need to raise US venture capital or are in the process of doing so. In C Corporations shares can easily be sold and transferred as needed (to expand beyond one’s initial constraints).

What is the best state in the US to form your company?

If you are interested in forming an LLC then our recommendation would be to go with Wyoming. If are forming an C-Corp then we suggest you to chose Delaware.

What is a Registered Agent?

Almost all the states certainly require you to have a registered agent for your business. Even if your state does not require one, you should consider acquiring one. A registered agent is a responsible third party in the same state as the business who can receive service of process notices, letters from the Secretary of State, and other formal government notifications on behalf of the corporation or LLC, such as tax forms and notices of lawsuits.

Do I need to pay extra for a registered agent?

No. The Registered Agent service fee is included in the pricing for both Wyoming and Delaware company formation packages for the first year. After the complimentary first year, you will be responsible for all fees associated with maintaining your business.

Will I get a US address for my company?

Yes, we will use the registered agent’s address as your company’s primary mailing address. You can use your business address to receive mail. All mail will be opened and scanned and uploaded to your mailbox. You can also ask for the mail to be forwarded to your physical location for a fee + the postage. However, you cannot receive parcels and packages.

Still have some questions?

Feel free and contact us today