Why to register a company in the United States
and how much does it cost?
If you have made it this far you are likely an entrepreneur, owner of a startup or a representative of a corporation seeking new growth opportunities.
The United States stands out for offering a conducive business environment, with clear regulations and effective government services, ensuring a streamlined and hassle-free process for business formation.
At NOMAD TAX we specialize in LLC formation in the United States. We offer our expertise to register your company in states with tax advantages as well as those that best suit the specific needs of your business.
For those who prefer not permanently residing in the United States and enjoy a more flexible lifestyle, we offer solutions aligned with the benefits of being a digital nomad, allowing you to operate your business from anywhere in the world with ease.
The Benefits of register a company in the United States
- Personal Liability Protection
- Tax Flexibility
- Administrative Simplicity
- Flexibility in ownership and management
- Tailor-made operating agreements
- Market Credibility
- Easy ownership transfer
And you ask yourself Why would a company that creates LLC's tell you this?
We sell LLCs but we do not sell PROBLEMS
I don’t know if you know our company or maybe this is your first visit here. Whatever your situation, you’re in the right place.
On this page I am going to explain how NOMAD TAX, an international tax firm composed of lawyers and legal advisors with great relevance in its sector will help you to obtain a significant profit, and when I say significant I mean a considerable amount.
As you probably know, LLCs in the United States are extremely useful and profitable companies if they are created correctly, if you know how to use them correctly and of course, avoiding mistakes in their maintenance, regardless of your location.
However, how can you be sure that you are not making mistakes if the person who advised you was simply a sales person looking to register a company and take your money in exchange for a commission?
You also know that creating an LLC has great advantages such as...
One of the key advantages of having a U.S. LLC is the favorable tax regime in the United States.
If you meet the criteria for a non-resident LLC, your company can benefit from a 0% tax rate in the United States.
The creation of a U.S. LLC is relatively cheap and quick.
You can set up an LLC and start billing your customers in a matter of days. In addition, maintenance costs are also quite low compared to other business structures.
The number and type of forms will depend on whether you have a single member LLC or a multi-member LLC. In general, the accounting burden is much lower compared to commercial activities in other countries.
Limited liability is a fundamental aspect of the LLC. In case of lawsuits or financial problems the personal assets of the LLC owners are protected.
But as that famous phrase said: Power without control is useless....
Did you know that in the United States, fines for not doing everything correctly can exceed $25,000?
Did you know that in countries like Spain, if everything is not done correctly, fines can amount to several times the invoices amount, plus interest and can lead to possible criminal charges?
Did you know that we work internationally with lawyers and tax advisors who know the laws of your country and are dedicated to the registration of these types of companies?
Did you know that if you structure all this correctly, it will not only allow you to avoid fines but also reduce your tax charge?
Before thinking about prices, we invite you to think logically...
90% of our clients arrive without having received prior FORMAL advice from legal experts.
And only 30% of this group takes proper advice and creates an LLC with the help of experts?
More and more clients are asking for advice related to LLCs because they did not do things correctly at the time.
Some face serious penalties and require the representation of an attorney in court.
Some clients, who registered LLCs without any professional advice have to close it at a later point when they hire a professional to outline the consequences of using LLC the way they did.
So, now we move on to the pricing…
Now that you know the good, the bad and the ugly, let's talk about investments
When I mention investment, I mean that you will be investing your money, while we will be investing our time.
As mentioned above, at Nomad Tax we believe it is essential that you get the right advice before setting up an international tax structure. In this way, you will obtain several benefits:
- You will set up your tax structure efficiently, complying with all legal requirements and starting off on the right foot from the beginning. We’ll have a satisfied customer, and you’ll have a secure business structure.
- You’ll save on penalties, criminal offenses and consequences that anyone would like to avoid. We will analyze all possible solutions for your professional profile in Tax optimization.
Register a company in Delaware
Delaware is known to be one of the most popular states to create an LLC.
Delaware is the most expensive state to create your LLC. Despite this, Delaware offers strong legislation that provides protection for business owners, backed by well-established case law.
In addition, this state offers high levels of privacy for LLC owners.
Delaware Advantages:
- Asset Protection: Delaware provides strong protection for your personal assets. Your assets will be separate from the debts and obligations of the LLC.
- Strong legal structure: The state has a well-established legal system and courts specialized in business matters, which provides stability and reliability.
- Privacy and Confidentiality: Delaware offers a higher level of privacy and confidentiality compared to other states, which can be beneficial in certain situations.
Register a company in Wyoming
Unlike Delaware, Wyoming has no franchise tax or registration fees. This makes it more economical to create a company and maintain it in this state.
It is important to note that Wyoming has strong case law regarding trusts, so if your business structure involves a trust, Wyoming may be a more suitable option.
In addition, Wyoming offers greater liability protection, which is beneficial in the event of potential lawsuits against the company.
Wyoming Advantages:
- Simplicity in creation: Wyoming has a simple and streamlined LLC creation process, which reduces administrative burden and complicated requirements.
- Favorable tax burden: This state does not impose state income taxes on LLC´s income, which can generate significant tax savings for your business.
- Privacy and Confidentiality: Wyoming offers a high level of privacy and confidentiality in terms of corporate and proprietary LLC information.
Register a company in New Mexico
New Mexico offers a number of benefits for those wishing to create an LLC.
Its low registration and maintenance costs are flexible and it has a favorable tax regime, which attracts entrepreneurs from all over the world.
In addition, New Mexico stands out for its flexibility in terms of corporate reporting requirements, which facilitates the management of your LLC.
New Mexico Advantages:
- Low start-up and maintenance costs: New Mexico offers one of the lowest costs to create and maintain an LLC compared to other states.
- Favorable tax regime: This state has an attractive tax regime, which means that you can obtain significant tax benefits for your business.
- Flexibility in corporate reporting requirements: New Mexico has more flexible corporate reporting requirements, which simplifies the management of your LLC.
Setting up a company in the United States with Nomad Tax includes the following:
- Preparation of the documentation required for the registration of your company
- Registration Agent in the State of your LLC
- All of your LLC's Operating Agreements
- Processing and Obtaining EINs
- Advice on bank accounts in the United States
- We offer a registered address in the United States
- Advice and resolution of doubts during the process
How long does it take to create a company in the United States?
- Company Registration: 2 working days.
- Obtaining an EIN: 20 working days.
What is the price of this investment?
- Registering your company with Nomad Tax is an investment of € 1300.
- If you have done a consultancy with us, we will reimburse you 50% of the cost of the consultancy when you register your LLC.
Presentation Reports 5472 & 1120
- €499 (if a FBAR is needed, an additional € 150 is required).
- It will take 1 to 3 weeks to complete.
Obtain an ITIN document
- The fee to obtain the ITIN is € 550.
- The time to obtain it will be from 8 to 16 weeks.
Sales Tax Registration
- € 250 per state.
- It will take one week to complete this task.
Annual LLC Maintenance
- The price will be € 499.
- Includes renewal of registration agent, U.S. address, resolution of doubts about your LLC, updating of documentation.
Company Closure in the United States
- € 550 when you close your business.
- It will take approximately 1 to 3 weeks (depending on the season).
Eliminate IRS penalties
- Initial price € 550 (will vary depending on the complexity of the matter).
- It will take 1 to 2 weeks to complete this work with us. IRS responses may take 18 months.
Frequently Asked Questions
If you are not a U.S. citizen and you do not have employees working directly for you in the U.S., you will simply need the documentation we ask for in order to start the process of creating an LLC in the U.S.
Once the payment is made, the creation of your LLC will start within 24 hours (excluding weekends). The registration process + Obtaining your tax identification number takes approximately 3 weeks.
Service includes:
- Company registration.
- Registered Agent.
- U.S. mailing address.
- obtaining a Tax Identification Number.
- First year maintenance.
- Contact with IRS authorities at all times.
- Assistance in opening a bank account in the USA.
- Submission of forms and required documentation.
We will require a fee for the LLC registration + all the above services.
After the year is over, the maintenance of your LLC and the filing of your income tax returns with the IRS is done.
We will be in contact at all times by Whatsapp or mail, as you choose.
Le mantendremos informado del proceso de creación a medida que avance. Your peace of mind is king.
