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Starting a business in the US is quite simple, but there are some steps you must follow to ensure a smooth running journey. The formation of a business is time and money consuming, but with patience and planning, anyone is capable.

Decisions you need to make:
- Choose your company’s structure: The two most important corporate structures in the US are limited liability company (LLC) and C Corporation. The type of structure you choose will impact the way you conduct your business and the way you’ll pay taxes in the US.

- Choose which state you’d like to register your company in: Every state has different legislation and this affects your profits, your taxes, and the way you’ll conduct business all-around.
What documentation will you need?
- Company’s address: The first thing you need to do is to get a physical business address, the place where your company’s headquarters are to be located. In case you don’t have access to any place, you can sign up for a virtual address.

- Get your EIN: Then you’ll need to apply for an EIN, the Employer Identification Number of the IRS. In case you have a social security number or Individual Taxpayer Identification Number you can apply online. In case you don’t have any of these documents, the process will take longer but you can still do it. You’d have to fill in the Form SS-4 and wait for a few weeks for it to be processed.

- Open a business bank account: you need to get a US business bank account to manage your money.

To decide the best state to start your business in the USA as a non-citizen, you need to make an assessment based on your preferences and the company’s particularities.

For example, Florida is a state chosen by many Hispanics, because, in addition to not requiring the payment of the State Income Tax for individuals, it is a friendly state. If your company is a Corp and earns more than US$50,000 per year, you will need to pay the State Income Tax for corporations at a rate of 4.5%.

Texas, in this case, may take the lead since it doesn’t have this tax on companies registered in the state. For this reason, several California entrepreneurs choose to transfer their companies’ registration there. For New Mexico LLCs the good news is that they do not need to file for Annual Reports or Franchise Tax, while the fees for Corps in the state are very low.

Delaware, on the other hand, does not charge the State Income Tax if the company does not operate in the state. In addition, it is a region that offers support for non-American entrepreneurs. For example, the Delaware Corporation Law and the Supreme Court with the Court of Chancery, are very efficient at litigating possible company lawsuits.

Meanwhile, Wyoming has the convenience of not requiring the payment of State Income Tax for individuals and corporations. The Annual Renewal is very low and can be an alternative for company owners looking to reduce expenses. The state also does not require partners or members of LLC to be disclosed, unlike Florida, where this information is made public.

A Registered Agent must be a business or an individual and must meet the following requirements:

-Must have a physical address with the state in which the business is registered. PO boxes are not accepted.

-Capable of receiving documents from a Monday to Friday, 9AM- 5PM

-Follows a checklist to protect company’s information

-Knowledgeable about state obligations and notifies company about deadlines

The Registered Agent will serve as your company's main point of contact with the state. He or she will receive official IRS correspondence, court notices and other compliance documents sent to you on your behalf. It is also the Registered Agent's role to forward documents to the company's point of contact and keep you informed of annual obligations, such as the Annual Report and Franchise Tax.

Can you be your own registered agent?

If you are a resident of the state where you will register your business, in many cases you can act as your own Registered Agent. However, keep in mind that you must comply with all of the above requirements and that if you change your address, you must also change your address with the state.

If you have another LLC or Corporation already registered with the state, you cannot use it as a Registered Agent for a new one. The only way you can be your own Registered Agent is as a natural person.