UNITED STATES COMPANY FORMATIONS

There are two popular forms of company formation in the USA:

A limited liability company – LLC, and
A corporation -Inc.

LIMITED LIABILITY COMPANY - LLC

The company is an amalgam of a limited company and a partnership.

The members of a limited liability company have limited liability protection and either manage the business affairs of the company themselves via an operating agreement or appoint a manager to operate the company.

The LLC is currently normally taxed like a partnership with the members including income and expenditure on their own personal income tax returns.
This form of entity is a suitable vehicle for overseas applicants as there is no requirement for any shareholders to be US residents.

CORPORATION - INC

This is a statutory body and has a separate legal entity so is similar to the UK Limited company. It is sometimes referred to as a Business Corporation
The company is taxed as a corporation.

Directors and officers manage the affairs of the corporation.

FOREIGN CORPORATION

A company is normally incorporated in the State in which it intends to undertake business. If it wishes to trade elsewhere or be incorporated in another State then it will need to qualify as a foreign corporation.

WCA can incorporate in all fifty U.S. States and provide Registered Agent and Compliance Services.







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