What is a Certificate of Incumbency?
A Certificate of Incumbency is a document that you prepare as a secretary of your corporation. A Certificate of Incumbency is often used to prove that a particular individual is authorized to enact legally binding transactions on behalf of a company. According to the laws of Delaware, you do not have to write down all the information about your company on a certificate of formation....
Operating a Delaware Business in Nevada
LLC owners, this means better protection for their assets and limited liability.
When a business is started in Delaware, it is regarded as a local entity in Delaware while it is considered to be a foreign entity in all other states. The process with which your company is authorized to operate in other countries is called “Foreign Qualification.”
If you want to register your Delaware company in...
Buying a Company in the U.S.
Are you ready to invest in the U.S. but afraid to start from the scratch? You can consider buying an existing company in the U.S. Of course, this situation has its pros and cons. Do not think you will write a check and get the keys.
Consider the Pros and Cons
Buying an existing company has a lot of pros. For example, you will already have an existing customer group, a team in which people...
Delaware and Financial Organizations
Many critical financial organizations choose Delaware as their home thanks to its essential corporate law and business-friendly legislation.
Critical financial organizations including special-purpose banks are choosing Delaware to take advantage of Delaware’s extraordinary privileges.
In 1981, the Delaware Financial Center Development Act was a great encouragement for banks. Elimination of...
Bank Accounts for Businesses in the U.S.
One of the first things you should do after starting your business in the U.S. is to have a bank account. You don’t even need to be present in the U.S.; we can help you get your business account easily. Just send us an email or call us!
Why Should I Have A Corporate Bank Account?
The documents required for opening a corporate bank account are usually as follows: approved certificate of...
E-2 Visa Denial
E-2 Investor Visa is a great option for foreign investors who seek for a business atmosphere in the U.S. However, and it has some complicated requirements. If you fail to meet those requirements, your visa may be denied. We will be trying to list some common reasons why your permit can be rejected so you could avoid it.
Let’s start with how the E-2 Investor Visa works. It is an excellent...
Steps to Start a Business for Non-US Citizens
Starting a Business in the US
Being a US-citizen or having a stay permit is not an obligation to start your business in the US. You can start your business no matter where you live. You can also start your business in any state you want. Most of our clients who have started a business in the US are not US-citizens or not even living there.
Additionally, we do not even charge our non-US...
Non-Profit Corporation
There are two steps to take while starting a Non-Profit Corporation. First, the owner(s) or the organization that will begin this corporation will start a non-stock company. There are no shareholders except for the members of this company, and they usually expect no profit. There can be members with different status within this company. For example; members with or without the right to vote....
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:...
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...