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The steps to set up your business in the United States

by CorpSeed Pvt Ltd Environment | Compliance | Finance

Many 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.

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