If a close corporation appeals to you, consult an attorney in the state you are incorporating in to determine if a close corporation statute exists. Corporate bylaws must be tailored to meet the specific needs of your business. Your documentation burden does not stop once your bylaws are adopted.
Once received, the registered agent then passes on these documents to the LLC. State fees generally range from $50 to $800, depending on the location of the business, the type of business entity, and other factors.
Obtain business permits and licenses
You don’t have to file paperwork to form a partnership—you create a partnership when you agree to go into business with another person. Companies wanting to do business in the U.S. for the first time often find California an appealing choice as the state they want to form or register in for a number of reasons. California is consistently ranked as having the largest economy in the United States and the inhabitants of the state also have a relatively high per-capita income. This overall purchasing power, along with California’s strong support of local and small business to further economic growth, makes this state an attractive option. The paper online filing option requires that you draft your own certificate of limited partnership and upload the documents in the designated section. Read more about USA company formation here. The online system will not generate a certificate of limited partnership on your behalf using this filing method. Each filing method has different processing times and expedite options.
We hope this not-so-short article gave you plenty of information to chew on and would make it easier for you to take the next step in registering your U.S. business. If you have some questions that we haven’t covered in this article you are welcome to leave them in a comment below, and we will consider expanding this article to include those questions and answers. Having a U.S. company could be the first step in obtaining a legal status in the U.S., as explained above, however by itself if gives no right to Social Security number. Most U.S. businesses formed by our Indian clients don’t require any licensing whatsoever. However we do offer a license research service to make sure your business either doesn’t need any licensing, or needs some specific licensing, in which case we will let you know what it is and how to obtain it. The most crucial difference between LLC and Corporation are tax related. First, its important to understand that the only type of corporation available for foreigners who are not U.S. citizens or permanent residents is C-Corporation.
Visit the website of your Secretary of State or the Clerk of the Superior Court to find out how and where to register a DBA. Most states charge a small fee of $10 to $100 for filing your DBA.
Can an S corporation own an LLC?
The certificate of incorporation is a form (paper or PDF) that needs to be filled out and submitted to register your business with the State. For an LLC, the formation document is called the certificate of formation or an article of organization.
Choose the Legal Entity You Want to Form
Although sometimes all it takes is switching up the punctuation or changing a word from singular to plural to qualify, it’s usually a smoother process when the names are more distinct. However, one component that is always required is the inclusion of “limited liability company” or an abbreviation of it at the end of the business name. When you incorporate your startup as a Delaware corporation using Capbase, Capbase serves as your registered agent in the state of Delaware. The registered agent and state incorporation fees are included with your Capbase subscription fee. Read more about USA company formation here. As a founder, you will be faced with a multitude of important decisions.
