Understand How to Get a Company Registered Worldwide

There is no universal or standard procedure for company registrations worldwide. Each country or jurisdiction has its own laws and regulations governing the formation and operation of businesses. Therefore, you need to do your research and consult with local experts before you decide to register a company in a foreign country.

International Company Formation in the USA

If you want to register a company in the USA, you need to follow the steps below:

•  Choose a state to form your company. The USA is a federal republic, which means that each of the 50 states and the District of Columbia has its own laws and regulations governing the formation and operation of businesses. Therefore, you need to choose a state that suits your business needs and goals, taking into account factors such as the state tax rate, the state filing fee, the state annual report, the state business license, the state registered agent, etc. Some of the most popular states for company registration worldwide in the USA are Delaware, Wyoming, Nevada, Florida, and Texas.

•  Choose a type of business entity to form. The most common types of business entities that you can form in the USA are a corporation and an LLC. A corporation is a legal entity that is separate from its owners (called shareholders), who have limited liability for the debts and obligations of the corporation. A corporation is subject to federal and state corporate taxes and can elect to be taxed as a C corporation or an S corporation.

•  Choose a name for your company. You need to choose a name that is unique and distinguishable from other existing businesses in the state where you want to form your company. You also need to comply with the naming rules and conventions of the state, such as including a proper suffix (such as Inc., Corp., LLC, etc.) and avoiding prohibited or restricted words (such as Bank, Trust, Insurance, etc.). You can use the online tools provided by the state authorities or by third-party service providers to check the availability and suitability of your desired name.

•  File the formation documents with the state. You need to file the formation documents with the state agency that is responsible for business registration, such as the Secretary of State, the Department of State, the Division of Corporations, etc. The formation documents are the official documents that establish the existence and identity of your company, such as the Articles of Incorporation for a corporation or the Articles of Organization for an LLC.

•  Obtain an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). An EIN is a nine-digit number that is assigned to your company by the IRS for tax purposes. You need an EIN to open a bank account, file tax returns, hire employees, and conduct other business activities in the USA. You can apply for an EIN online, by mail, by fax, or by phone, depending on your situation and preference. You need to provide information such as the name and address of your company, the type of entity, the date of formation, the number of employees, the principal activity, etc. You will receive your EIN immediately online or within a few weeks by mail, fax, or phone.

•  Open a bank account for your company. You need to open an international business bank account for your company to manage your finances, accept payments, pay bills, and conduct other transactions in the USA. You need to choose a bank that offers the services and features that suit your business needs and goals, such as online banking, mobile banking, international transfers, merchant services, etc.