Ways to Open a U.S. Bank Account
If you trade with U.S. companies, your clients may ask to process payments via local payment methods. Even though some businesses state they use services such as PayPal or Wire Transfers, these methods may sometimes be inconvenient, time-consuming and costly.
The U.S. Government makes it difficult for non-residents to open a U.S. bank account. But, is it impossible to open a bank account in...
How to Incorporate a Delaware LLC ? (Updated)
Forming a Delaware LLC is almost as easy as starting an account on social media. Sure, you do have to go through some procedures; but it is quite simple to do.The first step is to choose a company name that must be unique. Then, this name is to be registered at the Delaware Division of Corporations. Also, you can check whether the name you have chosen is unique and not taken by clicking...
Become an Authorized iOS App Developer
Lots of developers are trying to sell their app ideas to Apple. We support this entrepreneurship and provide you with the necessary steps to become an authorized iOS app developer.
The first step Apple requires is to register for an annual fee of $99. After you register, you can submit your application.
First, your application will be checked and then it will inform you about what you need to...
How to Operate in Maryland as a Delaware Business?
One of the most common questions we receive is whether a Delaware business can be operated in different states or not.
For example; can you buy a house in Florida with your Delaware company? Or can you operate in California as a Delaware business? The answer is simple. A Delaware business can work in any state within the U.S.
Many people who started an LLC or INC in Delaware do not conduct...
Disregarded Entity LLC
Disregarded Entity LLC
As LLCs started to become more and more critical, the IRS decided to adopt an already-existing tax category to LLCs instead of creating a new one. The most significant advantage of LLCs is that the owners can also show loss/profit of the company in their tax returns.
Disregarded Entity
A Disregarded Entity business type is independent of its owner to some extent for...
Operating in California as a Delaware LLC
How can a Delaware LLC operate in California?
If you are a Delaware LLC operating in California, you are regarded as a foreign entity in California while you are a local business in Delaware.
If your company physically operates, recruits workers, does banking transactions or even is a company with a high income in California, you need to go through a process known as “Foreign Qualification.”...
What is DUNS Number and How to Get It?
What is a D-U-N-S Number?
DUNS is a 9-digit number for businesses. Provided by a company called D&B, it represents the Data Universal Numbering System, identifying transactions all over the world. You can regard this number as a universal registration number. This system usually used by creditors and potential partners to see the credibility and the stability of a business. It creates a...
Delaware: Right Place to Start Your Own Business
Companies with the brightest future are usually started in Delaware. Its infrastructure, courts, and laws create an atmosphere of success and improvement.
Do you need capital? Investors usually prefer Delaware companies.
83% of total American public companies were incorporated in Delaware in 2013. According to a report by Delaware Division of Corporations, more than half of American public...
What is Credit History?
What is Credit “History”?
Your credit history demonstrates how you have used your money.
How many credit cards do you have?
How many loans do you have?
Do you pay your bills on time?
If you own a credit card or a have received a loan from a bank, that means you already have a credit history.
What is “Credit Report”?
A credit report is a simple summary of your credit history and demonstrates:...
Starting a Business in the US with Tourist Visa
The US is one of the most significant economies in the world. Therefore, it is quite popular for entrepreneurs and investors with its markets. Markets are growing day by day with more than 100 million workers.
You may want to start a business in the US for a new company, or a branch for your existing business.
Is it tough to start a business in the US?
Absolutely no. It is always easy to...
Why Should You Open A Bank Account in the US?
Advantages of Having a Bank Account in the US
Many international small, medium or large-scaled business operating need a US bank account for their American customers. The main reason behind this is the problems foreign currencies bring about. The expectations of customers in the US are the consistency of IRS records and convenience of managing cash flow.
Internationally operating businesses...