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People become excited when they think about starting a company or business in the USA. Many questions pop up in their minds, and the main one is, “How do I start a company in the US if I’m a non-resident?” The good news is that I have a resource for the readers to start their USA company registration with simple steps. I will share it at the end of this article.
For now, I will share a few complexities related to USA company formation as a beginner and, more importantly, if you are a non-resident. I hope all of your concerns will be addressed in this guide. So, let’s get started without any delay!
Corporate Entities for Non-Residents:
Non-residents or non-citizens can open the following types of corporate entities:
- Corporation (C-Corp)
- Limited Liability Company (LLC)
As you know, S-Corporations are so attractive to foreigners. But I want to let you know it’s best for permanent residents and citizens. It’s not recommended for foreigners.
That’s why I recommend the structure of C-Corporation. This type of corporate entity gives you the benefit of expanding your company with the help of offering unlimited content and stock. Investors love this feature.
Let’s come towards selecting LLC. It’s one of the perfect corporate entity types due to offering limited liability. It’s the best entity type because personal liability or assets are fully protected even if your company is sued or in debt. So, if you are a non-resident, choose LLC Structure as your finalized corporate entity.
Visa Need to Open US Company:
A visa is not required if you want to open your LLC company from somewhere outside the US. However, it is asked only when you are in the US and want to start a company in the US. In this case, you must have a valid visa for US company formation.
The US government can take serious action if you are in the US and working for your LLC company without a valid work visa. Moreover, if your business is registered in the US, but you don’t have a visa to live in the US, the government doesn’t give you the right to live without a visa.
However, don’t panic. I have a few good visa options for you in the following list:
- E-2 Visa: It is the most popular visa type. However, if you want to get a Green Card, an E-2 visa will not give you a straight path for this purpose. You’ll be allowed to stay in the US for two years, and after this time, you’ll need to renew your visa.
- F-1 OPT Visa: As its name implies, Optional Practical Training is a visa type best for students. Business owners directly associated with their universities can also get this visa.
- H-1B Specialty Occupation Visa: This type of visa is given to those individuals who have a bachelor’s or any other advanced degree related to their business. There must be a specialized field of their education.
- O-1A Extraordinary Ability and Achievement Visa: Last but not least, this type of visa is given to those people who have extraordinary artistic skills like athletes, arts, drawing, sciences, education, and so on. It means the individual applying for this visa type must have national or international recognition due to their skills.
So, after getting a visa, you can stay in the US and run your business. After US company registration, if you want to save your time and money, you can start your business with the help of Workhy. As I promised to disclose a fascinating solution for non-residents struggling with opening a company in the US, Workhy is the answer.
If you have any suggestions or questions, let me know in the comments section.
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