Indian startups seem to prefer Delaware for their
business. Not only does register your Delaware corporation from India gives
access to venture capital firms and startup investors, but you will also get
tax benefits. Delaware has no state sales tax, and the state’s franchise tax for
small US businesses is also less. Additionally, the state also allows
non-residents to pay no separate corporate income tax.
One has to follow six steps in order to have a USA
Company Registration from India:
Choose the right entity type for your business. As
Investors highly prefer C corporations, most Indian companies choose this type.
Decide the state in which you want to register
your company. Delaware is the most preferred state and is the home to the
majority of US tech companies. 70% of Fortune 1000 companies are registered in
Delaware.
File to incorporate.
The next step is to get an employer identification
number (EIN) from the Internal Revenue Service (IRS).
Registering with the Internal Revenue Service also
sets your company to pay taxes. Also, you need an EIN to open a US bank account.
Once you have an EIN, open a US bank account,
which is essential for doing business in the US.
In the
state of Delaware, you are required to file annual reports every year. So, keep
your company in a sound situation by filing reports.
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