Helloglob was created to take the fear, confusion and high cost out of business formation. We offer
round-the-clock expert support to help you make the best decisions for your business.
When establishing a company in the USA, basically two steps are required. Registering the
company in the state system and registering with the IRS, which is also the revenue agency of
the US Federal Government, and obtaining an EIN (federal tax number). Technically, when the
establishment of the company is mentioned, the state registration is understood in the USA.
However, international entrepreneurs who practically do not have US citizenship or a Greencard
must both register with the state and obtain an EIN number from the IRS.
Yes, individuals can establish and manage companies in the USA without coming to the USA
physically. Accounting and consulting firms such as HELLOGLOB, which they have authorized, can
establish companies of individuals through their accountants and lawyers. However, entrepreneurs
must open a bank account in order to operate in real business in the USA. Until recent years,
the US banking system forced the account opener or company owner to be physically seen by the
banker, but in the last few years, remote bank account opening has been allowed through
authorized banking representatives such as HELLOGLOB.
Opening a bank account may not be required to start a company in the USA, but having a bank
account in the USA is one of the essential things a company may need. In e-commerce sales or
credit card sales, it may be necessary to have a bank account.
In order to open a bank account in the USA, your company or person must have a resident address
in the USA. Opening a bank account before coming to the USA can be made easier by renting a
virtual office in the USA. If you have all the necessary documents, you can continue the next
transactions by contacting the bank you have chosen. As HELLOGLOB, we undertake all these
processes for you.
This process takes a few weeks once the necessary documents are delivered. If you work with us,
we take full responsibility for the process and open your company in the USA in an average of 3
to 5 days.
There is actually a simple answer to this question, especially for the initial stage. You must
establish your company in the state in which you will do your business physically. Even if you
do not actually come to the USA, it would be correct to choose the state from which office or
warehouse your products and services are offered to the market.
For example, if you are doing an e-commerce business and you will sell your products from a
warehouse in New York, the best choice is to establish your company in New York. Because each
state controls the companies operating from the borders and if the relevant company is not
registered with it, you may be fined. For this reason, many international entrepreneurs, when
they first enter the United States, establish companies in popular states such as Delaware, but
over time, they have to register their companies in the states where they actually operate, and
in a sense, they have to re-establish a company. In fact, they close these companies to avoid
paying the annual expenses for the company they founded in Delaware.
To obtain an EIN number, you must fill out the SS-4 form on the IRS (American Revenue Service)
website and submit it to the appropriate agency. As HELLOGLOB, we perform all these operations
for you.
In the USA, the most preferred corporate structures of medium and small-sized companies are LLC
and C-CORP. While LLC (Limited Liability Company), which means Limited Liability Company, is
mostly preferred for small-scale entrepreneurs, especially technology and start-up companies
with multiple partners and aiming to receive investment may prefer the C-corp company type.
LLC (Limited Liability Company), which is a Limited Liability Company, is a specific business
and partnership structure in the USA. In this company structure, the owners and partners are not
personally responsible for the debts and obligations of the company.
A Corporation is a legal entity established under the law that can open a bank account, buy
property, enter into contracts, and run a business. A C-Corporation is a regular corporation
that does not want to be directly taxed as an asset. It is subject to two types of taxes, one at
the corporate level (for corporate profits) and one at the shareholder level (for dividends). A
C-Corporation pays taxes on its net profits. Salaries of directors and employees can be taxed
for them and deducted from the company. However, money paid as dividends is taxed twice.
It is a type of corporation that is taxed as a partnership under IRS rules. The S Corporation
corporate structure pays no income tax and is for small businesses only. All income or losses of
the corporation for the relevant year are communicated to the shareholders who report their
individual returns. At the end of each year, the company records all its income, expenses,
depreciation, etc. returns an information listing, and notifies each shareholder of its stake as
determined by its share percentage.
How you want a company to be taxed should make an appropriate choice. You can make the choice at
the beginning of company incorporation or at the beginning of a new tax year.
No, it is not a requirement.
No, it is not a requirement.
No, it is not a requirement.
You may need to get one or both of these numbers from the IRS (Internal Revenue Service). In
some cases, we can assist these services. You can contact us for this.
You do not need a lawyer to set up the company, but you may need the assistance of a lawyer to
draft an operating agreement or provide legal advice. We can assist with coordination through a
local solicitor/attorney.
If you do business in a country that is part of the Hague Convention, you will most likely need
these additional documents.
We highly recommend it and most of our customers will buy it. "Corporate Set" is a good option
for international customers.
No, but if you are opening a US bank account, you must personally send a representative of the
company to the US to open the account with a photo ID.
Still Have Questions?
Our expert team is ready to help you with any questions about starting your business in the USA.