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 …
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 …
Starting a non-profit organization can bring you excellent entrepreneurship experience. It creates a chance to help the community and make a difference. Starting a non-profit organization is similar to starting other types of businesses with profit. There are some steps you should consider to be successful. Here, you can find some of those steps: Step …
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 the usury law was also used …
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, …
What is Blockchain? Blockchain technology is a way to clear and settle almost all types of transactions as fast and easy as possible permanently for each participant of the transaction in question. It helps people or businesses transfer their assets to each other with no extra cost or delay. This technology will remove the traditional …
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 …
If you are familiar with online payment systems such as eBay, then you already know how uneconomic and time-consuming at the same time it is to transfer your money to your bank account. You don’t need to worry about this anymore! With our service, you will be able to have your own US bank account …
No matter where you open your restaurant in the US, you need to collect some licenses and permits. Some grants and licenses depend on the state you are planning to open your restaurant. You may also need extra licenses for bars or fast-food chains. If you are starting a whole new restaurant, then the amount …
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 …
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 …
“Sales Tax” is always one of the significant questions for business owners in Delaware. Should you collect sales tax when you operate in other states? To answer your questions, you can read our article or contact us via e-mail/phone. Collecting Sales Tax Online If you are operating a business with a physical shop in which …
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 …
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 …
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 …
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