1. Structure & eligibility
We review the activity, ownership, management and intended market before coordinating the appropriate route.
“Open a US LLC” is not a complete business plan. The state, entity type, ownership, tax classification, reporting obligations, banking needs and actual US activity should be considered together before formation.
For a foreign founder, we start by understanding why a US entity is required. A Delaware corporation for an investment-led startup can present a very different requirement from a single-member LLC used for an online business. State registration is only one part of the compliance picture.
Formation is one step. A workable structure also needs to consider how the company will operate after registration.
We review the activity, ownership, management and intended market before coordinating the appropriate route.
We coordinate the incorporation package, KYC, constitutional documents and local service-provider requirements.
Where relevant, we coordinate registered-office, tax, accounting, banking and other post-formation requirements with appropriate professionals.
Foreign-owned US entities can have information-reporting obligations even where the owner assumes that little or no US tax is payable. For example, Form 5472 rules can apply to relevant foreign-owned reporting corporations and certain foreign-owned disregarded entities. US tax advice should be confirmed with a qualified US professional.
Prof-Bus acts as the client-facing coordination desk. We can organise the requirement, collect and review information, coordinate filings and follow-ups, and keep the client informed. Where a matter requires a locally licensed lawyer, accountant, tax adviser, registered agent, corporate service provider or other regulated professional, that work is coordinated with the appropriate provider rather than represented as being performed by Prof-Bus itself.
Country rules, government fees, tax treatment, licensing and banking practices change. Final implementation is confirmed against the facts and the rules applicable at the time of engagement.
Tell us the country, proposed activity, owners, directors, expected operations and target date. We will identify the practical questions that need to be resolved before implementation.