Are you thinking of internationalizing your business and want to know the advantages of starting a business in the United States? Check here the advantages of betting on the American market.
The American market is certainly one of the most desired by entrepreneurs who want to internationalize their business or start a company abroad.
If you are an entrepreneur who wants to know the advantages of opening a company in the United States, pay attention to the following information
Advantages of starting a business in the United States
Starting or expanding your business in the USA is a great bet. There are many advantages of starting a business in the United States, it allows your enterprise to rise amidst a more stable economy and also guarantees several advantages.
One of the advantages of starting a business in the USA is the legislation.
Entrepreneurs often highlight as an advantage the relationship with the U.S. financial system, the more favorable labor laws, and less bureaucratic taxation, which can help facilitate the management of the company.
In order for you to obtain the advantages of starting a business in the United States, and to follow this path in a safe way, it is necessary to understand these advantages, and have the right tools and information:
YOUR COMPANY IS LOCATED IN THE WORLD’S LARGEST ECONOMY.
As the world’s largest economy, the USA attracts entrepreneurs from all over the world.
Opening a company in the USA is a great opportunity to insert your company into this market.
This market is voracious for consumption, with clear laws and rules. Furthermore, you will be able to relate to local suppliers, American banks, and you will have on your side excellent labor legislation and simpler tax rules.
The American country is still the largest economy in the world with the highest Gross Domestic Product (GDP) per capita, the American GDP was evaluated at 21.43 trillion dollars.
The country’s stable economy helps attract even more investors, expanding the market.
If you wish to open a company in the United States and get a green card, we recommend that you look for a specialized Consulting Company to take care of these processes.
YOUR COMPANY GAINS MORE CREDIBILITY
Opening a company in the USA is like having a “seal of quality” that opens the doors for business around the world.
By entering the North American market, your company is seen in a different light.
One of the advantages of starting a business in the United States is to demonstrate high quality standards, which helps your company to consolidate and stabilize itself in the market.
The internationalization process of companies, in itself, has the objective of raising the level of professionalism of the companies.
It is natural that during this process you rethink and redesign the current status of your business, even to bring it up to international standards.
YOU HAVE ACCESS TO FAVORABLE LEGISLATION AND MIGRATION ADVANTAGES
When you open a business in the USA, you have a number of advantages:
- such as the relationship with the American financial system;
- favorable labor rules;
- tax and corporate rules that stimulate business.
Opening a company can become a migration path. If I open a company in the USA, can I live there? It is important to point out that opening a company in the USA does not guarantee residency in the country, if that is your goal.
However, it can be a determining factor in some immigration procedures, such as L-1, E-2 and other visas.
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Types of Companies in the United States
According to American law, there are a few business models for a foreigner to open a company in the USA.
LIMITED LIABILITY COMPANY (LLC)
The Limited Liability Company is a newly created business structure consisting of a limited partnership.You have the option of starting a business in the USA by including yourself in this business structure individually or with partners.
This structure is very popular among small, one-owner businesses that seek the advantages of sole proprietorship without the exposure of the owner’s assets.
The biggest advantage of the LLC, is that it has a low cost to set up and requires little formality. But as the owner, you would have limited liability.
CORPORATION
The Corporation is the most common form of large companies. The advantage of starting a business in the USA by choosing the Corporation is the possibility of going public, a relatively common procedure in the United States.
In addition, as a separate entity, Corporations have several distinct characteristics, such as:
- limited liability;
- easy transfer of portions of the company;
- perpetual existence;
- can be managed by someone other than the owner;
- Taxes are paid by the company and are separate from the owners
However, this corporate type has major disadvantages.
Firstly, its structure requires a lot of formality, plus the possibility of double taxation, since the company is taxed, and the dividends that are passed on to the owners are also subject to each owner’s income tax.
SP (Sole Proprietorship/propriedade individual)
It is a sole proprietorship, of which the capital is the direct responsibility of the partner, as are the accounting obligations;
GP (General Partnerships/parceria gerais)
Companies with two or more partners who share the responsibilities of the business. The partner’s participation influences the division of profits, losses, and taxation.
LP (Limited Partnerships/Parcerias Limitadas)
A company that has more than one partner. Here the duties of the partners can be limited or unlimited depending on its wording. Taxation under this model takes into consideration the equity of the member.
LLP (Limited Liability Partnerships/(Parcerias de responsabilidade limitada)
A company with two or more partners that are responsible for managing the business as agreed in the articles of incorporation. The responsibilities and taxes are proportional to the participation of each partner in the company.
Now that you know the advantages of opening a company in the United States, choose the one that best suits your business and start the process of internationalization of your company.
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