Company Setup in the US

Below are the details including pricing and documents required for the formation of a US company by a non-US resident foreign citizen or a foreign company.

• Business Setup
  • Federal Tax ID (EIN)
  • Certificate of Formation by the State
  • Tax and Labor registration
• To open a company
  • 100% owned by a foreign entity (Individual or Company)
    • Business Setup Fee: $1200
    • Time to form: 2 to 4 weeks
  • With a US partner with SSN
    • Business Setup Fee: $700
    • Time to form: 1 to 4 days
• Registered Agent (RA) Service: 
  • For New Jersey (NJ) based company
    • $0 forever if we are your RA
  • For the other States
    • Cost varies between $125-$300/year
• Business Address:
  • At our NJ business facility
    
    • Virtual address
      • 1st year: $0.
      • From 2nd year: $360/year
    • Office Space
      • $750/mo: 3 people in the office
      • $300/mo: 1 desk
  • For other States: Cost differs for each facility
  • Note
    • Scan up to 5 business emails per year free; $5 per scan thereafter
    • Regular mail forwarding will cost extra depending on the address
  •  

•  Compliances
  • Annual Taxes filing: $720+
    • Federal and state taxes
  • Annual report Filing: $160 to $400 for different States
  • Sales tax filing fee (if needed):
    • $250/Qtr: If less than $500 sales tax collected from clients per month
    • $150/mo: If more than $500 sales tax collected from clients per month
  • Form 1099-NEC/MISC: $60/per 1099
    • If you paid $600 or more to vendor/s in a tax year
  • For Payroll: $250 per month for up to 10 employees in a state

• For the Business, we need
  • Business Name
  • Structure: C-Corp or LLC
  • Business Address
    • For NJ, it will be our address
    • For other States, you will give us an address or we get you one
  •     
  • One line Purpose of your US company
• For the Owners, we will need
  • Percentage ownership of each individual or company
  • Full Legal Name: 
    • Of all the owners, in the case of individuals
    • Signing Authority, in case of forming a 100% subsidiary
  • Address
  • Identifications: 
    • Individuals
      • Foreign nationals: Passport copy & Aadhar Card
      • For US residents: SSN & driver's license
    • For foreign company: its formation documents