Process of American company formation

What is the process of founding a company in the United States?

Below we present the process of starting a US company, the steps of starting a company and becoming an American entrepreneur:

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Delaware company formation process

 

1. Select a business name

Choose a memorable name. Make sure your name is something that consumers will remember. You need to suggest important qualities about your business and encourage people to use your products or services.

 

2. Follow your State’s laws on business names.

Most states require that the name be followed by an appropriate designator name, such as “Limited Liability Company,” or an abbreviation (such as “LLC,” “Ltd. Liability Co.,” etc.). certain words, such as Bank, Insurance, or Trust.

You can find out more by clicking on the link below:  Company names

 

3.  Check if the name is available

You cannot use a name if another business already uses it.

 

4. Reserve your business name

In most countries, you can keep your business name for a short time, usually 30 to 60 days, without protecting it yet. This will give you time to register.

You have to pay a fee to maintain the names. Fee is $ 220.- US dollars.

 

5. Your name can be a trademark if you want

A company name can also be classified as a trademark if it is used to distinguish goods or services. For example, if you sell a product under your company name that you represent on the packaging or on the product, your name is probably a trademark.

You are fundamentally entitled, whether or not your name has a trademark. However, filing a federal trademark provides an opportunity to file a lawsuit in federal court if someone uses your trademark illegally. So it is worth protecting the company name as soon as possible.

 

6. Select the management structure

LLC or C-Corporation will be the type of the company. Get to know the company types here: https://symfalogic.us/cegtipusok/

 

7. Plan your operating contract

This document is the operating instructions for the company. This must be kept at the main place of business (Headquarters) The operating agreement must include the following:

  • Description of the business purpose.
  • Identification of each member and their ownership.
  • Rights and obligations of members.
  • Explanation of members’ voting rights.
  • Explanation of profit and loss distribution.
  • Rules for hearing and conducting meetings.
  • A buy-sell agreement that explains what happens if a member dies, quits, or is removed from the company.

 

8. Get your Employer Identification Number (EIN)

The EIN is the federal tax ID of your LLC. You will need this number to pay federal taxes and obtain a bank account.

It can be ordered on our page: EIN

 

9. You must register (contract) with the accounting company.

You can do this using the following link: Symfalogic Accountancy

 

10. Obtain the necessary permissions

Depending on where your business is located, additional permissions are required before you can open your business. For example, food and beverage companies often need more permits.

For help, click the following link: Obtaining Permissions

 

11. Opening a corporate bank account.

Be sure to keep your business and personal banking separate. If you mix the sums of money you could lose the lawsuits that are being brought against the company. For more information on opening a US bank account, click on the following link: Opening a US bank account

 

 

12. Take out business insurance.

Without help, click on the link below: Insurance Claiming

If you want to start a company (LLC) in America, you need the following steps:

 

 

 

The United States is just waiting for you! – order the company formation,

and ask for our help with all financial matters! We look forward to hearing from you soon at any of our contact details!

 

 

Telephone:  +1 – 347 – 571 – 5300

Email cím:  info@symfalogic.us

Skype:  Symfalogic Corporation

Have further question?  Fill out the form below:

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