Registration of a company in the USA
- Myths and realities
- Money investment under reliable jurisdiction.
- Business-immigration to the USA.
- Your business development in the USA.
- Registration (or acquisition) of a new company.
- Registration procedure of a new American company in the US Internal Revenue Service.
- Which forms of enterprises exist in the USA?
- What shall be recommended to entrepreneurs setting up a company?
- Who is the actual company proprietor?
- What can we recommend for your tranquility?
Recently, persistent growth in the number of businessmen from Russia, Ukraine, Belarus, and Kazakhstan striving for the American market has been observed. What is it connected with? What are the reasons of the phenomenon? What does it give businessmen? What problems arise with that? – We will try to answer those questions.
Procurement of an American company (and sale, respectively) has become a rather popular business of CIS businessmen, especially of former proprietors of off-shore companies. It is quite bothersome to rush searching for a “quiet bay”. While procuring an off-shore company, you have to invest around 1-3 thousand dollars. Half a year later that “quiet bay” appears on the ‘black’ lists of Russian National Bank and feverish search for another “quiet bay” starts, urgent transfer of funds to the new “bay” etc. And everyone is busy – off-shore companies sellers, purchasers, national bank…
It was noticed quite a while ago that American corporations are never blacklisted by the National Bank. Soon, not having a Delaware “off-shore” company became a sign of bad taste. Really, why waste several thousands of dollars on off-shore thing every half a year, when you can easily purchase a “quiet” company for 500-800 dollars and not to worry about off-shore surveys of the National Bank any longer.
However, all the good finishes quickly. Absolutely unexpectedly, the states themselves took interest in that issue. And (from the end the USA this time) a witch-hunt started, called “unauthorized use of American companies abroad”. American authorities revealed that billions of dollars are run through a huge number of registered American companies having accounts in reputable European banks, and the federal budget does not get anything of that. Wrong thing.
Besides, anyway an American corporation – is not an off-shore thing. Here you need to keep the accounting, pay taxes and registration fee every year. To the majority of domestic (CIS) businessmen, having got used to offshore laissez-fair all those measures seemed an unnecessary excessiveness. To no purpose. American laws do not only assert your right of property, but take your obligations before the government into account as well.
In general, the USA announced a crusade against such type of companies, both on the state level and federal level. By personal experience, we can inform that combination “Delaware company” with Russian names of the founders and of the president brings banks and IRS to utter irritation.
Why? Several hundred dollars were not spared for an accountant, occurring in the prison of myths about American corporations widespread among CIS business-circles. In our practice, we rather often come across situations when businessmen at the time of taking of certain decisions related with the registration of a company in the USA are not guided by definitive legislative norms, and USA realities, but by myths - which apparently show no one knows where from and which have penetrated into the consciousness of CIS businessmen.
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