5 Reasons For Your Company Registration in USA as a Non-Resident
If you have considered to start your business in USA, the next question that comes up would be “Do I need to register my business in USA?”. Although it is not mandatory, there are numerous benefits associated with registering your business in the USA.
The top 5 reasons to registering your company in USA are listed below.
Access to huge and diverse customer base and brand awareness:
Setting up your business in USA not only gives you an access to a huge customer base in US but also opens up multiple opportunities to trade with people across countries. It also helps in building brand awareness which further attracts customers who generally perceive a registered company to be far more stable in the long run rather than an unregistered one.
Credibility and Funding of Business:
An onshore company is way more credible than an offshore company providing services / products to customers. Given this fact, American companies would give preference to dealing with local companies rather than offshore ones. One can also tap into the huge investment opportunities available for funding business expansion if the company is registered in USA.
US Bank Account:
Opening a bank account in USA as a non-resident is near to impossible unless one registers their company in USA. Having access to a US bank account brings in a plethora of benefits including receiving payments from customers in USD, trading across countries in US currency thereby avoiding issues related to conversion due to dealing with multiple currencies, etc.
Minimise your Personal Liability:
By registering your business in USA, not only does your business become a separate legal entity but it also ensures that the liability of the owners is restricted to the business assets only and does not dip into your personal assets. Also, in case of any grievances, you can also sue in your registered business name.
Hiring Manpower:
Recruiting and retaining talented and experienced employees would help to boost your business growth in the long term and also reduce the risks related to operations. By registering your business in USA, you can gain access to talented and experienced employees which otherwise would not be possible.
All these reasons surely warrant your business to be incorporated in America. To get more insight and to incorporate your business, book a FREE SESSION with us today. Braj Aggarwal, CPA, P.C. will setup your company in USA as easy and simple as possible without any complicated paperwork or hidden costs.
