|
|
Startup
Consulting
|
FAQ’S
What does it take to incorporate a company in the U.S.?
May I work in the U.S. if I don't draw a salary?
If I sell to U.S. customers from my foreign company, do
I have to collect sales taxes? And What if I sell for my U.S. company?
May I drop-ship a large amount of my products to a
warehouse location in the USA and then fill the orders from there?
May I make sales calls in the U.S.?
Is CDC a non-profit government organization? How do you
get paid?
Q. What
does it take to incorporate a company in the U.S.?
A. Less
than three days and approximately $1,000.00 (U.S.). You don't have to be a
U.S. citizen to own stock in it. And a Delaware incorporation is not to your
advantage, unless you intend to go public. You should incorporate in that
state where your central place of business will be located.
[back to top]
Q. May
I work in the U.S. if I don't draw a salary?
A. No.
Whether or not you are paid, much less by whom, is of no relevance to the Immigration
and Naturalization Service (INS). Working here requires a work visa or green
card. Doing any of the labor to produce your product or services constitutes
work, and that includes supervision of workers.
[back to top]
Q. If
I sell to U.S. customers from my foreign company, do I have to collect sales
taxes? And what if I sell for my U.S. company?
A. Sales taxes are collected only if you are selling to the end user. If you
are selling to distributors, or to manufacturers who use your products in
their production process, sales tax is not an issue regardless of who is
doing the selling.
[back to top]
Q. May
I drop-ship a large amount of my products to a US Warehouse location and then
fulfill the orders from there?
A. Yes,
this is done very often, almost always with the assistance of a Customs
Broker and/or a "pick and pack" operator. If your volume is large,
however, you may wish to consider the start-up of a U.S. company. In this
way, the Foreign entity can effect a "related party transaction"
and pay a presumably lower duty. (Duty is normally paid on the sale price,
which is usually higher when sold to a customer.
[back to top]
Q. May I
make sales calls in the U.S.?
A. Yes, if
you are a Foreign citizen selling Foreign products for a Foreign company, you
may be required to obtain what is known as a B-1 (business) visa. For
Canadian citizens this is a relatively simple process. Selling U.S. products
or selling for a U.S. company requires a work visa.
[back to top]
Q. Is CDC
a non-profit government organization? How do you get paid?
A. No, we
are for-profit and privately owned. However, because CDC has some non-profit
governmental agencies as clients, they pay for some of our services. Our
other services are paid by you (immigration, recruitment, and market
research) or in the case of of business acquisition & real estate
services, paid for by the owner (seller).
[back to top]
|
Doing
Business in the USA
Start with the right Partner.
The U.S. market offers a unique opportunity
for growth. But expanding into any foreign market has its complications and
risks. That is why many of the largest companies have turned to Crossborder Development
Corporation (CDC) for help. For over two decades, CDC has been helping
companies successfully locate or expand in the USA.
|
|
