Business Setup In USA

The top reasons for entering the USA Market are –    

◊ Stable political environment
◊  Favourable economic environment
◊  Easy Transfer of Funds without Approval
◊  Low Tax Rates
◊  Payment Gateway
◊  Global Access to Markets
◊  Availability of Bank Deposit
◊  Insurance Incentives provided by the federal, state and local governments 

Eligible Business Structures Under Company Registration In The USA

Following are the major types of companies that are commonly adopted by businesses to do business in the USA

◊ Limited Liability Company (LLC)
A Limited Liability Company, commonly called LLC, is a type of company that consists of both the features of a partnership and a company. Similar t o an LLP, the members of an LLC have limited liability.

◊ C Corp
A Corporation or a C Corp is a business entity in the USA with a separate legal personality distinct from its members. It is a distinct legal person that has a right to own and sell property, to sue and be sued

◊ S Corp
An S Corp is a Special Corporation where the company is not liable to double taxation as in the case of C Corps. All the profits and losses incurred by the S Corp go to the owners’ income; hence, they are not subject to corporate tax.

◊ B Corp
A Benefit Corporation commonly referred to as B Corp, is a form of business entity that is a for-profit organisation for doing public good. Along with doing public good, it is driven by profit and mission.

◊ Non-Profit Corporation
A Non-profit Corporation does not earn any profit and functions for the benefit of society. Charities, educational institutions, and religious organisations are set up in the form of Non-profit Corporations.
◊ Cooperative
Cooperatives are created by people having a specific need and willingness to work together for operating and organizing a company that will meet that need.
◊ Closed Corporation
Closed corporations are similar to B corporations. However, they are less formally structured than the latter.

Different Types Of Taxes In The USA

The different types of taxes in the USA are enlisted below –

  • Corporate Income Tax (CIT)
  • Franchise Tax
  • Federal Tax
  • Alternative Minimum Tax (AMT)
  • Gross Transportation
  • Income Taxes
  • State And Local Income Taxes
  • Withholding Taxes (WHT)
  • Customs Duties And Import Tariffs
  • Excise Taxes
  • Property Taxes
  • Stamp Taxes
  • Accumulated Earnings Tax
  • Personal Holding Company Tax, Payroll Taxes
    Environmental Taxes
  • Other State and Municipal Taxes

About USA Entry Strategy

Quartis is a market-leading management consultancy firm that offers end-to-end business setup, taxation, financial planning, regulatory, legal and advisory services to entrepreneurs, young start-ups and large corporate houses across the globe.
Our USA Entry Strategy service involves the following services –

◊ Start Services 
Professional Corporation
Non-profit Corporation Corporate Structures
Company Registration
Employer Identification Number
Doing Business as DBA
Post-Registration Compliances
Cryptocurrency License
Opening a Bank Account LLC Registration in USA
S Corporation Registration
C Corporation Registration
Texas LLC Formation Delaware LLC Registration
Wyoming LLC registration
Florida LLC setup

◊ Manage Services
Foreign Qualification
Amendment Filing
Accounting and Auditing Services
USA EIN No

◊ Taxation Services
Tax Compliance Services
Form 1040 filing
Form 1120 filing
Form 1065 filing
Form 1120-S Filing

◊ Intellectual Property Services
Trademark Registration

About USA Entry Strategy

Our USA Entry Strategy can be further classified into the following –

◊ Business Setup Services
Our business setup services include Advisory in setting up Professional Cooperation along with Non-Profit Corporations. There are various Corporate Structure in the USA, such as sole proprietorship, partnerships, corporate and LLP, to name a few, and our team can provide advisory on the type of corporate best suited for you as per your business needs, followed by Guidance on obtainment Employer Identification Number and Advisory of Doing Business as DBA as well s Post Registration Company Compliances in USA and Advisory on Crypto Currency Licence in USA.

◊ Consultancy on Managing the Business
Our consultancy services with regard to managing the business in the USA include advisory of foreign qualification, which can be best understood as the registration of business in any state other than the incorporation or formation state. Amendment filing is required in the event of any change in aspects related to the company, such as name AOA etc. Accounting and auditing services are essential functions for every business entity having its operations in the USA as it helps in maintaining a track record of all the company’s previous financial transactions and keeps a check on the future transactions of a company.

◊ Legal Advisory Services
Our legal experts can provide legal advice on the protection of IP, Trademark Registration in the USA, and strategy for obtaining Trademark Registration in the USA through conducting trademark searches and filing trademark registration applications in the USA and compiling the required Paper works along with filing the necessary papers with the USPTO as well as compliances related to trademark validity in the USA.

◊ Taxation Advisory Services
The US tax structure is segregated into federal, state, local, and special-purpose jurisdictions. Unlike India, wherein there exists central taxation, USA’s taxes are primarily divided into federal and state, having various tax implications. USA taxation of income earned by non-USA persons is dependent on the income having a nexus with the USA and the extent and level of the non-USA person’s presence in the United States of America. Our team can provide assistance through Advisory of the different types of taxes in the USA , assistance in Paper works arrangement and tax filing process along with guidance on various other compliance requirements

◊ Employee on Record Services
An Employer of Record (EOR) is an entity which legally employs workers on behalf of another business. An EOR is fully responsible for all aspects of employment, including compliance, payroll, taxes, and benefits. Our team can act as an EOR and help in onboarding the employees for our clients with the best part being that the clients shall have control on f the daily activities and responsibilities of their employee