Finally, depending on the structure and activity of your business, you may need to file an annual tax return (and, in some cases, pay taxes), which means you`ll need to hire the services of a CPA (chartered accountant) and maybe even an accountant. Filing simple tax returns should not cost more than $300 to $500, but more complex cases would result in higher costs. Keep in mind that in some cases, as a homeowner, you will need to get an Individual Tax Identification Number (ITIN) that adds $300 to $400 per partner, but this is a one-time cost. Hire lawyers and accountants in India to get all the regulatory approvals needed to transform your business. You must also repay any outstanding debt or warrant for equity 2. If your company establishes a physical presence in another state, . B such as opening an office, hiring full-time employees, opening a business, or renting a warehouse, among other things, creating a “hard bond” that would require you to register your business as a “foreign entity” in that state. No. The Social Security number is given to people who meet certain immigration requirements, and most nonimmigrant visas that warrant obtaining a Social Security number limit it to specific purposes and activities.

Having a U.S. business could be the first step to obtaining legal status in the U.S., as explained above, but only if there is no right to a Social Security number. Theft. No, a local partner is not required to start a business in the United States. However, a local partner will streamline a lot of things for you, including opening your company`s bank account. You must provide details about the directors, members of the proposed company/LLC as well as its KYC documents such as passport, proof of address, proof of identity, etc. After successful documentation and form filing, your business or LLC can be established in 1-2 days. Depending on your situation and the type of tools you use, you can start an American business from India in just ten minutes. (Note: This is the time it takes to submit the registration with Capbase.) A merchant account is a type of bank account that businesses can use to accept payments by payment cards, usually debit or credit cards.

These accounts are provided by merchant account providers. Funds processed through payment gateways are deposited into merchant accounts, which in turn deposit them into your corporate checking account minus fees. We have over 8 years of experience working with several established Indian companies, startup founders, high net worth individuals (HNWIs) and investors in starting their businesses in the United States. We critically analyze your business and then offer you the most practical solution and the tailor-made solution for your business. More than 500 people have told us about their dream of starting a business in the United States, and we have never disappointed a single one of them. The registered agent is a person or company that must have a physical address in its state of incorporation, must be available during business hours, and accepts and signs the company`s official legal and government documents. We can provide the agent registered in any state for $99/year (guarantee never increase). Our service accepts, scans and sends you these documents by e-mail and, if necessary, transmits the documents by international post (with tracking numbers) for documents that cannot be scanned or require a physical signature. Q3. What is the total cost of registering a business in the United States? LLC and C-Corp are the two structures from which non-U.S. foreign citizens can choose. We address this issue first because many prospects looking for a U.S.

company registration are vaguely aware of the costs associated with starting a U.S. business. There are more than 900 PSPs worldwide, of which more than 300 offer services in the United States. Most of these PSPs do not offer services in India, but since you are starting a business in the United States, preferably with a U.S. business address and a U.S. bank account, your business may qualify. Click here for a list of reputable online payment service providers. Tip #2: Start your business in Delaware, Nevada, or Wyoming. Large international banks operating in these states are much more experienced with international customers due to their high volume of existing customers and corporate banking in general.

This is especially true if you do not intend to have a physical address or if you have someone representing the company in the United States who can physically visit a branch. Most banks require you to have some sort of physical address based in the United States (see below), which is NOT your registered agent address. Some banks may accept your registered agent address for opening the bank account. 2. Plan for structuring the Corporation`s capital to smooth out the pooling of investments and the entry of new promoters in the future; For the most comprehensive service provider for all included U.S. incorporation packages as well as EIN & Bank Account, visit https:startusacompany.com Lowest price and fastest business creation services exclusively for Indians, By Indian and India When you start your business in Delaware with Capbase, Capbase serves as a registered representative for you. .