The steps to set up your business in the United States
by CorpSeed Pvt Ltd Environment | Compliance | FinanceMany
entrepreneurs want to locate their startups in the USA. The American economic environment is indeed
favorable to the expansion of a business. If the research of the concept and the market
study are essential, the completion of the various legal formalities is
essential to launch its activity legally. Here is an overview of the procedures.
Prepare the establishment of your company in the USA
Setting up a business in the USA is a dream for some. However, others have managed to achieve it. Today, almost 20% of investors in the United
States are French. Proof that
the launch of activity on American soil is entirely feasible. However, this remains quite complex. To be able to legally create his company, the
entrepreneur must go through several stages. First, you have to travel to the United States
to study the viability of the project and validate the concept. This can be done by simply presenting an ESTA. It is necessary to consult the dedicated site
for this formality to find out how much ESTA costs for the USA?
Read also: LLC
This done, we can now proceed with the implantation. For this, the investor must obtain an E2 visa. To obtain this document, the creator must spend
a minimum of $ 100,000 before applying to the embassy. This sum can be used for the reservation of a
room, the purchase of office equipment or other expenses related to the
creation of the company. This
serves to prove that the activity has indeed started on American soil. The entrepreneur must then present the
supporting documents for the expenses as well as a business plan including a
five-year forecast balance sheet during his interview at the consulate.
Choosing your legal status: a decisive step
The business plan is essential for any business creation. And the constitution of a company on American
soil is no exception to this rule. This document is used to present the brand's
commercial strategies and to study its viability. Once the authorities have authorized the
establishment of the activity, the creator must then carry out the compulsory
administrative formalities.
The definition of the legal form is essential, as this will
influence the future organization in the startup. Among the many choices available to
entrepreneurs, the Limited Liability Company or LLC legal structure is the most popular. Hybrid and flexible status. It has the advantage of limiting the owners'
liability to their capital contributions. Thus, personal property is secured in the event of bankruptcy.
Creating an LLC is relatively simple. But in order to avoid mistakes, it is better to
be accompanied by a lawyer. Regarding
the name of the startup, the creator can choose any name as long as it is not yet
used in the State where he wishes to operate. This done, he must then register the name of the
company with the federal and state governments.
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Created on Jun 22nd 2020 07:34. Viewed 257 times.