First, some good news. While you may need to provide several forms of identification to open a new account, many banks don’t restrict access only to U.S. citizens. A few may require a Social Security number (SSN) or only be available to resident aliens, but there are plenty of options to choose from even if you don’t meet…
Read more
As a non-resident, starting a business in the United States can be difficult, but the country makes it simple to register and establish a company. If you want to do business with Americans, you must be able to communicate in English. Read on to know how to set up a company in the US as…
Read more
What Is a Limited Partnership (LP)? A limited partnership (LP)—not to be confused with a limited liability partnership (LLP)—is a partnership made up of two or more partners. The general partner oversees and runs the business while limited partners do not partake in managing the business. However, the general partner of a limited partnership has…
Read more
What Is a C Corporation? A C corporation (or C-corp) is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. C corporations, the most prevalent of corporations, are also subject to corporate income taxation. The taxing of profits from the business is at both corporate and…
Read more
Many noncitizens are unaware that they can operate a business in the United States, but there are some limitations regarding how they can form the business. Here’s what you need to know about filing an LLC as a noncitizen, whether you intend to do business from the U.S. or your home country. Business Requirements for…
Read more