Whether you are trying to establish your name in the USA, just starting your business and exploring your options, or already established in the USA and now trying to expand, our team is here to help you set up your company and stay compliant over time.
The USA offers different kinds of corporations and business structures. For e.g. an incorporated company or a Limited liability company. Each structure has its own advantages and disadvantages. Each structure has its own federal and state tax requirements. Choosing an appropriate business structure is important as per your business requirements, and you should seek professional advice. At RKB, we can help in choosing the right structure for your business.
As opposed to Canada, you do not have an option to incorporate federally in the United State. You can only incorporate in a state. Each state has its own requirements. Few states do not allow a non-resident to incorporate. All states have their own annual filing requirement failing which your corporation can be dissolved. You may have to appoint a registered agent. At RKB, we can help you choose the right state for you to incorporate.
At RKB, we can help you choose and guide you through the entire process.
Contact us for forming a C Corporation, S Corporation, Limited Liability Company, General Partnership, Limited Partnership, or a Limited Liability Partnership in the United States.
One of the main advantages of incorporating your business is the “limited liability” protection. If you incorporate federally with a name, no one can use the same name across Canada. Another benefit of incorporating is the lower income tax rate on the active business income of the Canadian-controlled corporation. Less tax means you have more money to invest. Succession planning – you can also take advantage of lifetime capital gain exemption.
Many IT consultants prefer to work as an incorporated independent contractor than a full-time permanent job because they love their freedom while paying a lower tax on their corporate income.
New Ontario real estate agents and brokers are now permitted to incorporate in Ontario.