The United States is a
leading global business hub with an economy
valued at nearly $20 trillion, approximately 14
times the size of India's economy. Establishing
a business in the US offers significant
advantages, including lower corporate tax rates
and streamlined company registration processes
due to its developed status. Indians have the
option to register two types of businesses in
the US: an LLC (Limited Liability Company) or a
C-Corporation, depending on their needs and
business objectives.
C-
Corporation (closely held
corporation):
-
C-Corporations are a legal entity that
operates independently of the individuals
who own, control, and manage them. It is
considered a legal "person" in the context
of tax laws as a result of its recognition
as an individual entity.
-
It has the capacity to engage in business
and contracts, as well as to instigate
lawsuits and be sued itself
LLC (Limited
Liability Corporation):
-
An LLC is a form of entity that possesses
the characteristics of both a corporation
and a partnership.
-
In the event of a litigation or bankruptcy,
LLCs offer their owners limited liability
protection. LLCs are also operationally
adaptable, and the compliance requirements
for an LLC are straightforward.
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Suggested Read: How to Form an LLC (Limited
Liability Company) in the USA
Why should you choose Juris consultants
as your service provider for Company
formation in the USA?
Juris Consultants is a
team of highly qualified professionals,
including CAs, CSs, lawyers, and business
administrators, providing seamless global
services. We offer one-stop solutions for
establishing companies in the United States and
essential services to ensure smooth and
error-free business operations. In India, we
provide secretarial compliance, startup
advisory, private limited company registration,
and PAN/TAN services, along with DIN, GST,
trademark registration, and tax filings. For a
free consultation, contact our compliance
manager at 7678541283 or email
contact@jurisconsultantsusa.com.