U.S. Company Formation |
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If properly structured, formation of a U.S. company, such as a Limited Liability Company (LLC), is an excellent corporate vehicle for conducting your business. The following information will help you determine whether a U.S. LLC is the optimum corporate vehicle for your business: |
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Advantages of US Company Formation |
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| 1. | A U.S. LLC is a legitimate corporate vehicle located in a reputable jurisdiction. |
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| 2. | Corporate directors are allowed. |
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| 3. | US company formation is attractive for foreign investors who wish to take advantage of opportunities the U.S. provides. An LLC can have non-resident shareholders and foreigners can own 100% of a US LLC. |
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| 4. | A Limited Liability Company in the U.S. that neither undertakes business in the U.S., nor derives any income from within the U.S., does not need to file a U.S. tax return. If the LLC prefers to be treated as a corporation, then a tax return needs to be submitted. |
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| 5. | A U.S. LLC has both the advantage of limited liability and benefit of 'flow-through' taxation. This means that the LLC pays no income tax; instead, the owners directly acquire all income and expenses. | |||||||||||||||
| 6. | It is easy to open corporate bank accounts all over the world for a U.S. company. |
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| 7. | According to The Heritage Foundation & Wall Street Journal's 2011 Index of Economic Freedom, the U.S. has the 9th-freest economy in the world. |
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| 8. | A properly structured US LLC can be tax-free for a foreign company or foreign individual outside the U.S. |
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| 9. | US Company Formation can take advantage of a number of tax treaties between the U.S. and foreign countries. Details of tax treaties can be found on the IRS website. |
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| 11. | The United States is perceived as the 24th-least corrupt country in the world, according to the 2011 Corruption Perceptions Index by Transparency International. |
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Disadvantages of US Company Formation |
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| 1. | A US resident or US citizen will have to pay income tax on the income earned through the company. |
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| 2. | Income and expenses in the US are taxable. |
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Healy Consultants Fees for US Company Formation |
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US Company Incorporation costs in Year 1 amount to US$1,900 and annual Company costs in Year 2 and thereafter amount to US$1,100. These fees include: i) government License fees; ii) registered office for 12 months; iii) Company Secretary fees for 12 months; and iv) international courier costs. |
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Healy Consultants fees for a US nominee director amount to US$1,800 (together with a refundable deposit of US$1,100). Company de-registration/liquidation costs amount to US$1,450. |
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| Contact Us | ||||||||||||||||
For more information on US company formation, contact email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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U.S. NEWS |
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America the Difficult: In tax compliance, U.S. ranks 69 out of of 183 nations |
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| © 2003-2012 Healy Consultants Pte Ltd | AMERICAS COMPANY SET UP SERVICES |
