Your ally to operate, sell and grow

Start your company in the US

We make it easy

Requirements, formation process, annual obligations, taxes and sales tax: everything you need to know before you start.

Entrepreneur in front of the US flag
Before you start

Formation requirements

01
Be of legal age (photo of your ID)See details →
02
Personal information for each member (full name, address, phone number and email)See details →

Bank account requirements

03
Valid passportSee details →
04
Proof of tax residency: bank statement, account statement or utility bill NOTE: It must show your name and your home address See details →
05
Digital ecosystemSee details →
Business owner working on her company
5 steps

US company formation process

01

Company registration

Approval depends on the state (Wyoming 2 days, Florida 10 days)

02

Getting the EIN

2 to 3 business days

03

Opening the bank account

2 to 3 days for approval

04

Stripe setup and activation

1 day

05

Document delivery

Once the 5 steps are done, your company is ready to operate, invoice and get paid in the US.

After formation

Ongoing annual obligations

01
Annual Report: A report filed every year to keep the company active with the state. Similar to renewing with the Chamber of Commerce in Colombia or the RUC in Ecuador. See details →
02
Registered Agent: A person or entity with a physical address in the state of formation that receives legal documents and official notices on behalf of the company.See details →
03
Federal and state taxes: On top of the annual report, companies must meet their tax obligations with the federal government (IRS) and, in some cases, with the state where they operate.See details →
Meeting annual obligations
IRS · States

Federal and state taxes

01
Federal (IRS): Income Tax / mandatory annual return, even with no revenue.See details →
02
State:• Income Tax: Depends on the state.
• Sales Tax: If you sell taxable products or services.
See details →
Tax filing
Income Tax

Income Tax brackets: for the LLC

Net profit (USD)IRS rate
$0 – $11,92510%
$11,925 – $47,15012%
$47,151 – $100,52522%
$100,526 – $191,95024%
$191,951 – $243,72532%
$243,726 – $609,35035%
Over $609,35037%

ECI = Effectively Connected Income (income effectively connected with the US).

Sales Tax

Sales Tax and Nexus

How they work and why they matter for your US business.
It applies when your company goes over certain thresholds or business activity in a state.

You sell products or services in a state.

You have inventory, employees or warehouses there.

You exceed a sales threshold (e.g. $100,000 a year).

Check the sales thresholds by state at this link https://sellu.co/en/pages/sales-tax

Ready to get started?

Meeting your obligations from day one is key

Make sure you understand the legal and tax framework before forming your company. We help you get it right from day one.

Entrepreneur ready to get started