Forming a company in the USA offers numerous advantages including global credibility, access to the world's largest economy, robust legal protections, potential tax benefits, ease of raising capital, and flexibility in business operations. A US company can enhance your business reputation and open doors to international markets.

The timeline for forming a US company varies by state, but typically ranges from 1-5 business days for standard processing. With Corpenza's expedited service, we can complete most formations within 24-48 hours. After formation, obtaining an EIN (Employer Identification Number) from the IRS typically takes an additional 1-2 business days.

To form a US company, you'll need to provide identification documents (passport or government ID), proof of address, and complete our company formation questionnaire. For non-US residents, no US address or physical presence is required as we provide registered agent services. Corpenza handles all the necessary state filings and documentation on your behalf.

Corpenza offers comprehensive accounting services for US companies including bookkeeping, financial statement preparation, tax planning and filing (federal, state, and local), payroll processing, sales tax compliance, and annual report filing. We also provide virtual CFO services and financial consulting to help optimize your business operations.

US companies must maintain compliance with federal, state, and local regulations. This typically includes filing annual reports, maintaining registered agent services, filing tax returns (federal, state, and potentially local), keeping corporate records updated, and holding annual meetings. Compliance requirements vary by state and business structure, but Corpenza manages all these obligations for you.

US company taxation depends on the business structure. C-Corporations are subject to corporate income tax (21% federal rate) and potential double taxation on dividends. S-Corporations and LLCs are typically pass-through entities where income passes to owners' personal tax returns. Foreign-owned US companies may have additional considerations regarding tax treaties and international taxation, which Corpenza's tax experts can navigate for you.

Yes, non-US residents can open US business bank accounts, though requirements vary by bank. Corpenza assists with the bank account application process, preparing all necessary documentation and connecting you with banks that work with international clients. While some banks may require an in-person visit, we have partnerships with financial institutions that offer remote account opening options for our clients.