Business Registration includes:-

  • Filing of all the necessary documents to legally operate and conduct Business in the United States. Start earning in U.S Dollars, while saving money!
  • Obtain Licenses Certifications & Tax ID's for business as requires.
  • A physical U.S. Business Address with U.S. Postal and mail handling Services.
  • Local or Toll-Free U.S. Phone Number, voiceover and messaging services.
  • ANNEXIS Member Dashboard (access to manage your company info, products or services, inventory, voicemails, emails, scanned U.S. post, messages from customers & U.S Businesses)
  • Access to ANNEXIS U.S. Business Database with 49 Million U.S. company profiles. Including specified search criteria for download. Conduct your target and industry specific search for lead generation and download profiles. 100 downloads included with registration and your chose of service package with monthly downloads.

Registration Benefits:-

Business Credibility – A physical U.S. address or presence will put consumers at ease when deciding to spend money with your company, products or services. Your registered business lets customers know that you are a legitimate U.S. company that will meet all of their business expectations.

Generate Legal Binding Contracts - Establish supplier agreement and receive the protection of local business and become eligible to receive supplier discounts.

Ability to hire employees - Eligible to hire employees to represent your company furthering your U.S. presence and customer service relations & credibility.

Tax Filings - Take advantage of import and export tax benefits and deductible expenses incurred by your company such as travel, office supplies to name a few.

Brand Protection - When a company registers their company name, that name is recognized by the government. No two businesses can have the same name so you will have brand protection.

Raising Capital / Establishing Credit - Expanding your growth does not always have to be completely out of pocket. Getting investor or financing support is another approach even when personal assets are not readily available

TYPE OF BUSINESS STRUCTURE YOU MAY CONSIDER:

  • Incorporation Type
    Sole Proprietorship
    Incorporation Type

    Sole Proprietorship

    The simplest form of company. This type of business is not a legal entity. State filing is not required. For this type of business, the enterprise is owned and operated by an individual. This business is not legally separated from the owner. The personal assets and the business assets are not separated which means the

    Advantage

    No State documents required.

    No separate tax filing required.

    No need for employment tax.

    Owner freely uses funds from business as personal assets.

    Disadvantage

    Full exposure to personal liability for business debts, losses and liabilities.

    Business can only have 1 owner.

    Harder to obtain credit from lenders or potential investors.

    General Partnership
    Incorporation Type

    General Partnership

    When 2 or more persons engage in a business enterprise with the intent of making a profit.

    A formal written agreement of the business terms is recommended. This type of business offers no liability protections. All partners are equally responsible for the business debt and obligations and personal assets.

    Advantage

    No State documents are required.

    General Agreement can be created between the partners.

    Disadvantage

    Full exposure to personal liability for the business debt, losses and liabilities.

    Harder to obtain credit or funding from lenders or investors.

    The actions of one partner can affect or have a negative impact on other partners.

    Limited Partnership (LP)
    Incorporation Type

    Limited Partnership (LP)

    When 2 or more persons engage in a business enterprise with the intent of making a profit.

    A formal written agreement of the business terms is recommended. This type of business offers no liability protections. All partners are equally responsible for the business debt and obligations and personal assets.

    Advantage

    Take advantage of pass-through taxation.

    Limited partners are not held personally responsible for business debt and liabilities.

    General partners still have full control of management.

    Disadvantage

    General partners face full exposure to liabilities.

    Limited partners are not able to be more involved in business decisions.

    Limited Liability Partnership (LLP)
    Incorporation Type

    Limited Liability Partnership (LLP)

    When 2 or more persons engage in a business enterprise with the intent of making a profit.

    A formal written agreement of the business terms is recommended. This type of business offers no liability protections. All partners are equally responsible for the business debt and obligations and personal assets.

    Advantage

    Pass-through taxation is permitted.

    Partners are involved in the management of a company.

    Certain professions only allow this form of partnership.

    Partners are not held personally responsible for business-related debt or liability.

    Disadvantage

    Many states require mandatory insurance coverage requirement.

    C-Corporation
    Incorporation Type

    C-Corporation

    Shareholders are not personally responsible for the business debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Advantage

    Shareholders are not personally responsible for the tbusiness debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Disadvantage

    The corporation pays taxes and owners again pays taxes on earnings (double taxations).

    More expensive to maintain, quarterly taxes and fees.

    Very formal to run. Must have an annual meeting of directors and shareholders and retention of various business records.

    S-Corporation
    Incorporation Type

    S-Corporation

    Shareholders are not personally responsible for the business debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Advantage

    Shareholders are not personally responsible for the business debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Disadvantage

    More expensive to form and maintain due to filing fees and state-imposed filing requirements and fees.

    Very formal to run. Must have an annual meeting of directors and shareholders and retention of various business records.

    Limits number of shareholders to less than 100 members. Shareholders must be residents where the corporation is formed.

    Non-Profit Corporation
    Incorporation Type

    Non-Profit Corporation

    Shareholders are not personally responsible for the business debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Advantage

    Can be exempt from both federal and state taxes. Donation made to the corporation are tax-deductible.

    Directors and officers have limited liability protection.

    Business is eligible for public and private grants to raise capital.

    Disadvantage

    Ongoing state filing requirements and fees to maintain eligibility.

    Very formal to run. Must have an annual meeting of directors and shareholders and retention of various business records.

    Limited Liability Company (LLC)
    Incorporation Type

    Limited Liability Company (LLC)

    Shareholders are not personally responsible for the business debt or liabilities.

    Ownership is transferred through the sale of stocks in the company.

    Some of the business expense is tax-deductible. Flexible when raising capital by selling shares in the company.

    No limits on shareholders in the company. Owners interest can be passed on to others (family) in case of illness or death.

    Advantage

    Benefits from pass-through taxation. Owners are not personally responsible for business debt and liabilities.

    LLCs are not required to file annual documents and retain meeting minutes.

    No restriction on the number of members under the corporation.

    Disadvantage

    Ownership is harder to transfer to others than a corporation.