US Company Formation
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Topic: US Company Formation
Posted By: Tegwin
Subject: US Company Formation
Date Posted: 18 May 2006 at 1:46pm
Wonder if anyone can help. I am looking to start a business in the USA, I currently have my business as a Limited company in England, which is similar to a US LLC company. In the UK you can set up companies and not trade through them for a while and therefore have no tax liabilities.
Is there a similar thing in the US. I would like to register my business there and use a friends addresss.
The reason for this, is that many times I need to purchase stuff in the US in the company name, but they see I am a UK company and refer back to the UK office of their organisation and everything here is 3 times the price.
Any ideas how I can do this. Of course I need this to be legitimate.. please dont send me any links to dodgy companys claiming to be able to do it and charge the earth for it.
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Replies:
Posted By: the boss
Date Posted: 18 May 2006 at 5:54pm
its quite difficult i belive
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Posted By: dpyers
Date Posted: 19 May 2006 at 12:19am
Thre are several types of businesses. LLC's in the US are not quite the same as a Limited Company, but are usually pretty good for consultant types.
Laws governing each business vary from state to state. Delaware is a popular state of out-of-state businesses to incorporate in as the tax structure is friendly and they have a good-sizes "agent" population who can act for you within the state for a small fee.
All types of businesses require some sort of state licensing... usually with fees, and some sort of tax reporting. There's a couple of web sites around who will handle all of the regulatory details but also provide advice about individual state regulations for specific business types.
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