Company's Registration Archives - FAPL


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August 15, 2022
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Are you looking to register a company in the USA from Pakistan? If so, there are a few things you need to do:

  • Company formation.
  • State Selection.
  • The naming of LLC.
  • The hiring of a registered agent
  • Filing of required documents with the state.
  • Employee Identification Number (EIN).
  • Physical address.
  • Setting up the U.S. bank account.
  • Obtaining the U.S. phone number.

The process is not as complicated as it may seem. Confused? Don’t worry! This article will go through everything you need to get started.

 

Company Formation

Choose the type of business entity you want to form. This will determine what paperwork needs to be filed and which regulations you need to follow.

Do you require a Limited Liability Company (LLC) or Corporation?

LLC is commonly used due to its various benefits. An LLC is recognized as a single legal entity. In addition, an LLC can claim “pass-through” taxes. Because LLCs do not have their federal tax classification. They can acquire partnership and sole proprietorship tax status.

This is not enough here! The paperwork and bureaucracy in an LLC are more manageable.

 

State Selection

It is recommended to select a state that has the lowest state tax.

Does your business need physical office space?

If yes, then carefully consider which state you select because if you are hiring registered agents from other states, you will need to register your company as a foreign LLC.

Which state better suits your business? 

Well, to get helpful insights, contact FAPL’s representative to seek guidance about the state that suits best your LLC.

 

Name Your LLC

If you are using specific keywords like university, attorney, and bank, then you require additional paperwork. If your business is related to such fields and it is mandatory to include them, Fusion Ave will help you do essential paperwork.

If you think that your brand or company name can be taken by anyone, here is a solution; Trademark registration in the USA. To check whether your selected name is already taken or not, check the U.S. government database of registered trademarks.

 

The Hiring of a Registered Agent

Running a business in the U.S. from the outside isn’t possible without a registered agent. A registered agent sends and receives legal documents on your behalf in the U.S. These legal documents include official correspondence such as filings, tax forms, service procedures, and more.

 

File Required Documents with the Selected State

To register your LLC, you must file your legal document of Incorporation. This document contains:

  • LLC name.
  • Your registered agent’s address.
  • Name along with the address of the incorporator.
  • Authorized shares values.

For the operating agreement, you need:

  • Your LLC’s operating procedures.
  • LLC ownership.
  • Responsibilities and rights of your LLC.

 

Attain an Employee Identification Number (EIN)

Obtaining an Employer Identification Number is an important step in forming an LLC because it allows you to hire employees, pay taxes, and obtain licenses. To get an EIN, you can opt. one of these procedures:

  • Fax the completed form to the IRS. This is a faster method and may take a week for a response.
  • Submit the form to the IRS via email. This is a slower method and can take up to 4 weeks.

Remember, there is a difference between EIN (Employee Identification Number) and ITIN (Individual Taxpayer Identification Number). ITIN is for persons who aren’t eligible for SSN while EIN is a business tax processing number.

 

Get a Physical Address

The state you choose to register your business also has your physical mailing address.

If you require a physical presence, your office location in the state is your physical address. However, if your business does not need an office, there are several services that can provide a virtual address in the United States.

 

Set Up a U.S. Bank Account

To do business in the U.S., you need a U.S. commercial bank account. Many U.S. customers do not trust companies that require foreign payments. That’s why a U.S. bank account is essential for you.

But, this requires more than it; your physical presence in the U.Sat the time of account opening. Therefore, you must apply for a U.S. visa to physically open your bank account. The reason for this is that the bank can get to know the customers to avoid cases of money laundering. You have to provide the essential documents and your EIN to the bank.

 

U.S. Phone Number

Virtual phone numbers are common nowadays. You also require a U.S. phone number. You can get a virtual phone number from Skype, Google Voice, or any other provider, but ensure a permanent number.

 

Final Words! 

Starting a business in the U.S. is a dream for most non-U.S. resident entrepreneurs and investors. If you want to join this race, we can help you with a U.S. bank account, phone number, mailing address, and additional features required to manage and build a successful business.