Memorandum of Association or MOA is a corporate document which is filed with the Registrar of C...
Have you ever thought about registering a company abroad? Or are you looking to start your company in a country like the US? Well, that’s not a bad thought. In this article, we will give you reasons for registering your company in the USA.
You will find a new business enterprise being established in the USA. It includes both market giants to small scale enterprises. United States is a country with the largest market in the world. This can be attributed to the fact that they have the lowest tax rate.
The USA is infamously known for being a great business hub. It can enlarge your business and registering your company there would also be a key factor for the success of you business. You may opt for company registration in USA
Without you being the citizen of that country. The procedure is online and simple.
There are numerous benefits of registering your company in United States of America. Some of them are as follows:
Company registration in the USA helps you gain an international reputation. USA, one of the most renowned countries, therefore registering your business would give you more recognition and people would love to partner with you.
USA is known for its business friendly laws and regulations. It is easier to sell in the US market and tax rates are low as well therefore more entrepreneurs are attracted to this country. The regulations around company incorporation are less taxing and are the one that promotes ease of business.
Company registration in USA means that your personal assets are protected against business actions. When you register your business there, your company is then a distinct legal entity and it is responsible and accountable for debts arising out of the business. It means that the creditors can only seek payment from your business assets and not from your personal assets. It allows you to perform your company operations without risking your personal assets like your savings, properties etc.
When you register your business entity as a corporation in the USA, you are permitted to issue shares and also raise equity capital. It will serve as a much needed financial boost. To raise money and attract investors is vital for the expansion and for the development of your business. When you think from the point of view of investors, it is more preferable for them to too invest in a registered organization as a formal structure is there in such an organization to make profitable use of their investment.
Moreover, it is reasonably easier for a registered company to obtain a bank loan comparatively in case of a partnership firm or sole partnership. Registered businesses have access to different sources of capital and banks are aware of the fact that these businesses can repay their debts from these sources.
Another benefit of registering your company in USA is enhanced credibility and brand awareness. Customers and other stakeholders perceive registered businesses to be more stable than unregistered business.
Registering your business in USA will add to your list of benefits in terms of dealings with reputed organizations in the future. Many companies in the USA establish business ties and engagements with only registered companies. A registered business makes itself in better position to obtain discounts and attractive wholesale rates. Various government contracts are also at the disposal of registered businesses.
All states in the United States of America are looking to increase the level of business environment and many cities encourage them to invest in their communities. You may have a number of opportunities in terms of where to set up your business and can choose from locations that suits your choice.
Many states in the USA offer financial incentives to investors who are willing to set up a company there. Some of such incentives include tax benefits and the country has known to lower their commercial real estate taxes for foreign investors in the recent times. Also the fact that corporate taxes are lower is one of the significant benefits of registering your Company in USA.
USA has access to advanced technology. It increases the desirability among businesses to do business there. Many investors are incorporating companies in USA just to have the access to these cutting edge technologies which will boost their business productivity and global communication.
A registered enterprise in USA gets the benefit of hiring full time employee and paying them as per the provisions of the law of the land. When your register your company in USA, you get a State Identification Number that allows you to route the state taxes on part of your employees. It additionally also help you to provide your employees with health benefits and other statutory benefits. These benefits will make your company an attractive proposition for workers in the US and you shall hire and retain them with ease. Therefore register your company in any of the state in US to have quality manpower on board.
There are other notable benefits that can cause you to consider registering your Company in USA. The fact that USA is considered to be world’s second most competitive economy, when it comes to innovation, market size, business dynamism etc. can motivate one to invest there. Apart from that USA has a culture of innovation and entrepreneurship in areas of science and technology. US ranks high in terms of protection of investors backed up with a robust regulatory environment.
Read our article:How to Start a Company in USA from India