Your registered agent must be a resident of the state you’re doing business in, or a corporation authorized to conduct business in that state. We recommend Wyoming, as they have foreigner-friendly laws, lower filing and annual fees, and no state, personal, corporate, or capital gains taxes. Anyone can register a limited liability company (LLC) in the USA; you don’t need to be a US citizen or a US company.
A green card is another way for non-Americans to register a business in the United States. Residents with a green card have no restrictions on setting up a business of any kind. This not only can help in raising funds, but it also makes ownership transfer easier. LLCs can’t sell stock, and transferring ownership of them can be complex. When it comes to personal liability, LLCs generally offer more broad protection than LLPs. With an LLC, members are usually not personally liable if the LLC is sued or owes any debts.
Some examples include Graphic Design, Web design, Photography, Virtual assistant, Transcription, Translation, Tutoring, and Data Entry. If you love being creative, these jobs may be perfect for you—many people like creating things and having control over their schedules. You get paid per project or word, depending on the client agreement. Freelancing allows you to work from home and set your own schedule.
Utilizing an operating agreement template can set you up for success regarding having the right business structure and format for this important document. Read more about USA company registration here. Another drawback to being your own registered agent is that it takes the flexibility out of your day.
How to Start an LLC for all 50 States
You’ve spent time coming up with a name for your limited liability company and researching its availability — now you can think about securing it. Most states will allow you to reserve your desired name for a fee so that you don’t have to worry about someone else nabbing it before you can officially launch your business. Check with your state on the requirements to reserve your business name.
How to file the articles of organization/incorporation
The system is flexible and easy to set up and customize to meet your business goals. There are a variety of responsibilities that come with establishing a C Corporation. Some of these include the duty to hold annual meetings and have a board of directors that’s voted in by shareholders. I’ve registered several businesses over the years and have made some mistakes along the way – but now, I know how to get it right.
Company Formation
The best socially responsible businesses weave social responsibility into their business model, appealing to socially conscious consumers and employees while making a genuine difference in the world. A corporation can sue, be sued, own and sell property, and sell ownership rights via stocks. It’s also easier to transfer ownership and raise capital as a corporation because capital and ownership are raised and managed through stocks. If you also want an EIN number (Employer Identification Number) the cost is around $50-80. You can also get it for yourself online via Live Chat directly on the IRS website. But in order to do that, you need to have an existing SSN, ITIN or EIN and you probably don’t have any of that as you are not a USA citizen. In the last part of this article, we will also direct you to a few popular companies that can help set up an LLC company in the USA.
