Why the USA is Best for Non-Resident Business Owners

1. Global Business Hub: The USA is home to one of the largest economies in the world, offering access to a vast market and opportunities for growth. It is also a gateway to international markets due to its strong business relationships worldwide.
2. Easy Company Formation: Forming a business in the USA is straightforward, even if you are not a resident. Most states allow non-residents to incorporate a business online without needing to visit the country.
3. Credibility and Trust: Having a US-based company increases credibility with clients, partners, and investors, offering a significant advantage for your business.
4. Business Incentives: The US provides numerous incentives for businesses, including grants, tax breaks, and simplified regulatory processes.

Tax System

• No VAT (Value-Added Tax): The US doesn’t have VAT; instead, it has sales tax, which varies by state. However, this only applies if you sell products or services in certain states.
• Corporate Tax: Non-residents typically pay taxes only on US-sourced income, and corporate tax rates vary by state. In addition, the federal corporate tax rate is 21%.
• Sales Tax Nexus: If you do business in certain states or have a physical presence, you may need to register for state sales tax.

Opening a Bank Account

As a non-resident, you can open a business bank account in the US after incorporating your company. Some banks may allow online applications, but others may require an in-person visit. There are also various fintech solutions that support non-resident entrepreneurs in accessing US banking.

Payment Gateways

A US company makes it easy to set up payment gateways like Stripe, PayPal, Square, and other international payment processors. This is essential for e-commerce and online businesses accepting payments from customers globally.

Legal Documents & Compliance

Once your US company is incorporated, all your legal documents can be processed and verified easily. Domaino Startup ensures that all necessary documentation is properly filed, and if you need to verify your company details, we can guide you through any state-specific processes.

Apostille and Embassy Attestation

We can assist with obtaining an apostille for your company documents in just 3 business days, ensuring your documents are legally recognized internationally. We also provide embassy attestation services, which are crucial if you need your documents validated in foreign countries for official purposes.