How to Open and Start a Business in the USA
How To Open And Start A Business In USA
It is considered that the American market is a much more favorable place for the development of a business than other countries. This is due to high taxes, frequently changing legislation, political instability, and many other realities of life in other countries. So, how do you start a business in the USA?
Manual
1. If you decide to do business in the US, the first challenge in your way is obtaining a visa, which can be quite difficult. You have several options. The most common way is to buy or create an organization in the US and apply for an L-1 visa. This visa allows you to work in America for up to three years. For example, if you are in Russia, to live and work on this visa, you must have a valid enterprise in Russia, establish a connection between your company and the American company, and work in the USA. This process can be time-consuming, so many businessmen prefer to go to America on a visitor visa and then change it.
2. You can also get an invitation from American partners, such as for business negotiations, and use it to obtain a visitor visa. Once in the US, submit a request to the immigration service for an L-1 visa in connection with the opening of your company. If your application is approved, you will receive the right to conduct business.
3. Rent a room in accordance with the objectives of your company. Without the documents the company will not be registered. Depending on location it will cost from 1 to 5 thousand dollars.
4. Take out insurance. Under US law, any organization needs to insure themselves against possible losses. The cost is approximately $4,000 per year.
5. Employ the staff. Pre-calculate the salary of employees in accordance with the laws of the city and state. Minimum wage: $7.25 per hour.
6. Hire a lawyer. Although his services will be expensive, without qualified legal assistance on the American market it is very difficult to survive, especially if you are not the expert on American law.
7. Register the company and pay a fee, which can be up to $1,000 depending on the state.