Benefits of Registering a Business in the USA
Our company only works with representatives of legal businesses, meaning those officially registered in one of the states, with registration in the U.S. tax authority (IRS) and the tax authorities of the states where the business is registered. We often hear from clients who trust us to manage their business the question of what such registration provides. In this article, we aim to give a comprehensive answer to this question and demonstrate the advantages of conducting business within the legal framework.
Protection of Business and Bank Accounts
Officially registered companies in the USA have the right to open business accounts in American banks. By placing funds there, a businessman can be fully confident in the safety of their money, as protecting entrepreneurship is a state policy in this country.
What do you gain by entrusting your funds to any American financial organization? Firstly, you receive maximum protection: commercial accounts are inviolable. This is a significant distinction from offshore banks and companies, which are not protected: account freezes, fund confiscation, and similar procedures are permissible.
Secondly, all American banks are very reliable financial institutions due to their security and government support: they are all insured under the FDIC system, which guarantees depositors a return of all funds up to $250,000 by a government agency (FDIC). Moreover, large American banks are so vast in terms of the money they hold and their turnover that they have almost no chance of bankruptcy due to government support. They are deemed "too big to fail," and in case of any problems, the government provides them with virtually unlimited funds to maintain liquidity.
Legal Protection
Have you experienced unfortunate legal disputes between businesses, businesses and the government, or businesses and consumers in the former Soviet republics? Protection rackets and corruption have prevented you from safeguarding your business reputation? You can be assured that in the USA, such conflicts will be resolved in an open court trial, therefore honestly and fairly. The strictness of laws and the obligation to enforce them is adhered to unquestioningly here. Moreover, following government policy, courts often side with businesses. This opportunity is afforded to all entrepreneurs who are honest with the state, paying taxes and not engaging in illegal business. Special preference and protection are guaranteed for companies engaged in international business.
Access to the U.S. Market
To understand how important this is, just remember that the American market for goods and services is the largest in the world. Entering the American market means reaching a large, affluent audience and having real opportunities for success. Money can only be earned where there is a paying demand. However, this is only possible after registering a business in the USA. Such advantages cannot be obtained if your company is registered in another country.
Operation on Major Trading Platforms
The USA is home to globally recognized online trading platforms such as Amazon, eBay, and others. For instance, Amazon is the largest platform in the world, accounting for 52% of all online transactions in the USA annually, with quarterly turnover exceeding $62 billion. To gain access to such resources and opportunities, you need to register a company in the USA.
Access to Online Payment Processing Systems
In a time when the civilized world is heavily invested in the internet and online business, apart from having a landing page and an informational site for your company, you will definitely want to conduct sales online: it's fast and convenient for buyers and users, and it's profitable and efficient for you. However, without being a registered company in the USA, you will not be able to access online payment services from American and other clients, such as PayPal, SQUARE, Stripe, meaning you will lose hundreds and thousands of potential customers.
Consumer Protection – Building Trust in Your Company
In the USA, a vast array of laws exist to protect both businesses and consumers. By obtaining registration in the USA, you operate within the legal framework of the state, allowing consumers to demand protection for their rights. This is highly valuable for buyers of goods and users of services, as American clients will primarily choose to purchase products and services from those who can be held accountable in cases of poor quality, non-compliance with standards, etc. Such consumer rights protections are virtually nonexistent for foreign companies. Therefore, in terms of business development, you gain significant advantages in the form of your clients' trust and preference for you and your services.
Comfortable Environment for Entrepreneurship
By being registered in the USA, your company gains not only protection of deposits and investments under the law but also preferences related to obtaining loans, leasing office and manufacturing spaces, customs clearance for various imported and exported goods, and obtaining special visas in the USA.
Loans are a very important aspect of this list, as those from the former USSR understand well how difficult it is to obtain "long money" and the necessary volume of financing at reasonable interest rates. In reality, the process in the USA is streamlined, optimized for the quick acquisition of the required financing, and the conditions for obtaining funds are maximally attractive for American entrepreneurs compared to situations in other countries.
Access to Investments
If you think you can manage and build a successful business without external financial inflows, you are likely mistaken in your calculations. In any case, an official business in the USA means gaining access to numerous sources of non-governmental financing. This includes private equity and venture capital, business angel investors, crowdfunding, technology incubators, and access to the stock market. Additionally, you will have access to small business administration services, manufacturing financing, government grants, and more.
For more details on all of this, you can read in the "Getting Investments" section on our website.
Investor Trust
Are you seeking additional sources of investment for your growing business and find yourself short of funds for development? Or conversely, are you experiencing a crisis? In both cases, you will need the trust of investors, who tend to share their funds only with American resident firms. Such trust is crucial as it involves guarantees and protection for the business and the funds being invested. By not registering in the USA, you deprive yourself and your business of this trust, consequently limiting your funding sources in the USA and investor confidence.
Immigration Opportunities Through Business
Are you considering immigrating to the USA? Know that the best way to obtain a green card and American passport is to register your own business in the USA. This country has created optimal conditions for entrepreneurship, and those who create new jobs and promote the introduction of new technologies, thereby strengthening the country's economic foundations, always have a green light for relocation and obtaining the coveted U.S. citizenship passport.
This is by no means an exhaustive list of advantages that will help you make the right choice in favor of opening a business in the USA and fully legalizing it in the country. We are ready to assist you in doing this quickly, easily, and without errors.
