Company Formation

The process of forming a business in the United States requires a series of steps that you need to complete in order to successfully complete the process. Before you start forming any company you must decide what type of classification your business needs.

One of the classifications you should evaluate are LLC or Limited Liability Companies, very similar to the Limited Liability Companies used in Latin America. On the other hand, and with a more classic type of structure and with more defined hierarchies, there are the C Corporation and the S Corporation.

A Limited Liability Company LLC, contains the best of partnerships and corporations, since taxes affect only its assets and not those of the owners, who are generally not liable for the business debts of the company. It is ideal for businessmen and entrepreneurs who want to formalize their activity in the USA and protect their investment. An LLC does not pay taxes on its profits, since income and losses are transferred directly to the owner, who is the one who declares them in his personal return, thus avoiding double taxation.

Now if you want to attract investors, you would be better off with a C Corporation or an S
Corporation, the difference between them is that the C Corporation can have foreign
shareholders. A C Corporation must be constituted by:

– Shareholders
– Directors
– Directors

It requires constant meetings between shareholders and is governed by various rules such as
bylaws, issuance of shares and are subject to state and federal taxes.
If you want to formalize your activity and gain more credibility of your business, contact us, we are sure to support you in your project, we have excellent professionals with years of experience, we want to hear from you.