LLC (Limited Liability Company): It is a flexible business structure that combines the characteristics of a corporation and a partnership. It offers limited liability protection to its owners (members) and allows the option of direct taxation to members, which can avoid double taxation.

Corp (Corporation): It is a legal entity separate from its owners (shareholders), which offers limited liability protection. Corporations can issue shares and have a more rigid structure in terms of administration and tax obligations. Profits may be subject to double taxation, first at the corporate level and then at the individual level.

Choosing between an LLC and a Corp depends on factors such as your desired management structure, tax planning, and growth goals. The LLC is more flexible and may be better for small businesses or those looking for a less formal structure, while the Corp is more suitable for those who plan to issue shares or attract outside investors. Contact us to determine the best option based on your specific needs.

The decision to register your business in a specific state depends on several factors, such as the type of business, privacy goals, tax advantages, and costs. Delaware is popular with large companies and tech startups due to its favorable business laws, and among small companies, due to information privacy policies. while Nevada and Wyoming attract those seeking privacy and low operating costs. Florida is the preferred place for the incorporation of Latin American entrepreneurs. Contact us to determine the best option according to the specific needs of your business.

If your business is registered in the U.S. but does not physically operate in the country or generate income from U.S. sources, you generally will not have to pay federal taxes in the U.S. However, you may be required to pay annual renewal fees and comply with with other filing requirements in the state of registration. Contact us to understand your specific obligations.

If your company has a significant physical presence in the US, such as an office, employees or warehouses, it is considered to have a physical connection to the country. This may result in additional tax and regulatory obligations, such as the need to collect and remit sales taxes, and pay state and federal income taxes.

Nevada, Wyoming and Delaware are known to offer greater privacy protections for a company's partners. In these states, the names of owners do not need to be publicly disclosed in company formation documents, providing an additional level of confidentiality.

A Registered Agent is a person or entity designated to receive legal notices and official documents on behalf of the company. This agent must have a physical address in the state where the business is registered and be available during regular business hours. The Registered Agent ensures that the company does not miss important communications from the state or third parties.