Frequently asked questions
The registration time varies by state, but forming a U.S. LLC or Corporation typically takes between 1 to 3 weeks. Some states offer expedited processing, allowing you to set up your company in just a few days. However, obtaining an Employer Identification Number (EIN)—which is necessary to open a business bank account—can take anywhere from a few days to a month, depending on IRS processing times and workload.
No, as a foreigner who owns a U.S. company, you do not need a Social Security Number (SSN) to file a tax return. Instead, you will need an Individual Taxpayer Identification Number (ITIN) or an Employer Identification Number (EIN), depending on your business structure and tax obligations.
Here is how it works:
For LLCs and Sole Proprietorships: If the LLC is taxed as a disregarded entity or partnership, and you are a foreign owner, you will need an ITIN to report your share of business income on your tax return.
For C Corporations: The corporation itself will file a tax return using its EIN, and you, as a foreign owner, may need an ITIN if you receive dividends or salary subject to U.S. tax.
Yes, a foreigner can fully own a U.S. business. There are no citizenship or residency requirements for owning an LLC or C Corporation. However, tax and legal obligations vary based on the company structure and your country of residence.
Tax obligations depend on your company structure. LLCs (disregarded entities or partnerships) may require non-resident owners to file a U.S. tax return and pay taxes on U.S.-sourced income. C Corporations pay corporate taxes, and foreign owners may owe taxes on dividends. Tax treaties between the U.S. and your home country may reduce or eliminate double taxation.
Yes, but opening a business bank account in the U.S. as a foreigner can be challenging due to strict banking regulations. Most banks require a physical presence, a U.S. address, an EIN (Employer Identification Number), and proof of identity. Some banks may also require an in-person visit. However, there are online banking solutions that cater to international entrepreneurs without requiring travel to the U.S.
Starting a business in the U.S. as a foreign entrepreneur comes with unique challenges that can complicate the process. One of the biggest hurdles is the lack of a U.S. business or mailing address, which is often required for official registration and correspondence. Additionally, obtaining a Tax Identification Number (EIN) can be complex, as foreign owners do not have a Social Security Number (SSN), which is typically used for tax filings and business verification. Another major obstacle is opening a business bank account, as U.S. banks enforce strict requirements, including proof of a physical presence in the U.S. and a valid address. Many financial institutions require in-person visits, making it difficult for non-residents to establish a banking relationship. Our service simplifies this entire process, ensuring that you can set up your U.S. company efficiently while meeting all regulatory requirements.
Yes, owning a U.S. company does not automatically grant you the right to work or live in the United States, but you can still travel to the U.S. under the Visa Waiver Program (VWP) using an ESTA. However, ESTA is strictly for tourism, business meetings, and conferences—not for actively managing or working for your U.S. business. If your visit involves running daily operations, signing contracts, or engaging in activities beyond passive business meetings, you may need a B-1 Business Visa or an appropriate work visa. Always ensure your travel purpose aligns with ESTA regulations to avoid complications at U.S. immigration.
Starting a U.S. business does not automatically grant you a visa or work authorization. However, certain visa options, such as the E-2 Investor Visa, may be available if you invest a substantial amount in a U.S. business and actively manage it.