Reasons Why Indian Companies Benefit from Registering in the USA
The USA boasts comprehensive corporate laws and regulation, combined with particularly low corporate income tax. This makes it an attractively beneficial place for Indian companies to incorporate.
The rules and regulations in each US state significantly differ, so it's important to pay attention to specific state-level laws. Particularly, if your business heavily relies on one specific state's demand. Receiving a Foreign Qualification Certificate is crucial in such instances.
States like Delaware, Wyoming, and Nevada tend to have the most appealing tax and business laws, prompting many businesses to incorporate there. Notably, Delaware has no state sales taxes and charges minimal franchise tax, especially for small US firms, and doesn't necessitate residents to pay individual corporate income tax. Therefore, it's clear that registering a company in the USA can present various advantages to Indian businesses.

On the Subject of Business Registrations
If your business involves certain types of activities, you might need to consider some extra registrations apart from the standard registration or incorporation. Consult with an advisor from Taxapillar to learn about possible additional registrations your business might require after initial registration.

Different categories of Company Registration in USA for Indian Businesses
The way businesses are formed and maintained in the USA is subject to different rules and regulations. There are typically five types of companies registered in the USA:

1. S Corporations
2. C-corp (corporates)
3. Non-profit organizations
4. Limited Liability Companies (LLCs)
5. Sole Proprietorships (Single-person businesses)

Procedure to register a company in the USA
1. Select Your Business's Legal Structure: Consider your business model and decide the structure of your business. This could be a sole proprietorship, partnership, LLC, or corporation.
2. Choose a Unique Business Name: Identify a distinctive name for your company that respects state regulations.
3. State Registration: Register your company with the state by submitting all required paperwork and paying the registration fee.
4. Acquire Licenses/Permits: Depending on your business type, additional licenses and permits may be necessary.
5. Apply for an EIN: Secure an Employer Identification Number (EIN) from the Internal Revenue Service (IRS).
6. Establish a Business Bank Account: Create a separate bank account for your company to handle its finances, distinct from your personal finances.
7. Register for Taxes: Register with federal and state tax agencies, including income tax, sales tax, and employment tax.
8. Secure Insurance: Depending on your business, you may need insurance coverages like liability insurance or workers' compensation insurance.
9. Adhere to Employment Laws: If you're planning to employ staff, ensure you're complying with federal and state employment laws.

With Taxapillar, expect straightforward guidance and a smooth USA company incorporation procedure. We offer an all-inclusive solution and are capable of finalizing the incorporation in a mere 10 days.

Distinctions between LLC and C Corp
Required documents must be provided in Dutch, English, German, or French.
LLC vs C Corp

• Owners in an LLC also serve as the business partners, whereas in a C Corp, the owners are Shareholders.
• LLC is suitable for small scale businesses with a limit on the total number of shareholders. On the other hand, C Corp is ideal for medium scale sustainable businesses with multiple shareholders.
• In an LLC, partners have the freedom to establish the structure based on their preference and oversee the entire process. Conversely, in a C Corp, shareholders hold the authority to select the directors and direct the entire business.
• Partners in an LLC are not held responsible in case of any disputes whereas in a C Corp, shareholders are not held accountable.
• In an LLC, operations are based on the treaty's restrictions and transfers are scheduled. In a C Corp, the stocks and shares can be easily transferred.

·         Typically, external stakeholders are not keen on Limited Liability Companies because these are primarily structured to operate as cooperatives. On the other hand, foreign investors are drawn to C corporations because they involve stocks, which are distributed among shareholders.

Review and Approval of Taxapillar US Company Incorporation Package
Taxapillar offers the top-notch US incorporation package with services including:

• Preparation of Article of Association
• Filing registered agent service for one year
• Providing an association certification
• Securing a Federal Employer Identification Number (EIN)