Best registered agent for Indian founders
Best registered agent for Indian founders
Indian founders establishing US businesses must appoint a registered agent with a physical US address, a requirement for all LLCs and corporations. Professional services are recommended for non-residents.
Key compliance includes understanding FinCEN's BOI rules (domestic companies are exempt as of March 26, 2025, but foreign reporting companies have specific deadlines) and IRS Form 5472 for foreign-owned entities, which carries a $25,000 penalty for non-compliance.
Foreigners can obtain an EIN without an SSN. State choice impacts taxes and regulations; Delaware is preferred for venture-backed startups, while Wyoming offers low fees and privacy for LLCs.
If operating in multiple states, foreign qualification and additional registered agents are necessary. When choosing a registered agent, prioritize reliable document delivery, compliance reminders, experience with foreign-owned entities, and transparent pricing.
Providers like Northwest Registered Agent, Globalfy, Entity Inc., and USFormation are often recommended for their nonresident-friendly services. Next steps include deciding on entity type and state, selecting a suitable registered agent, and ensuring support for EIN, Form 5472, BOI guidance, and banking introductions.
Indian founders establishing US businesses must appoint a registered agent with a physical US address, a requirement for all LLCs and corporations. Professional services are recommended for non-residents.
Key compliance includes understanding FinCEN's BOI rules (domestic companies are exempt as of March 26, 2025, but foreign reporting companies have specific deadlines) and IRS Form 5472 for foreign-owned entities, which carries a $25,000 penalty for non-compliance.
Foreigners can obtain an EIN without an SSN. State choice impacts taxes and regulations; Delaware is preferred for venture-backed startups, while Wyoming offers low fees and privacy for LLCs.
If operating in multiple states, foreign qualification and additional registered agents are necessary. When choosing a registered agent, prioritize reliable document delivery, compliance reminders, experience with foreign-owned entities, and transparent pricing.
Providers like Northwest Registered Agent, Globalfy, Entity Inc., and USFormation are often recommended for their nonresident-friendly services. Next steps include deciding on entity type and state, selecting a suitable registered agent, and ensuring support for EIN, Form 5472, BOI guidance, and banking introductions.
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