I have been going through all these Delaware C Corp blogs, articles, video contents from experts (!) etc and hardly anyone cared to mention Form 5472 or Form 8865. You are a foreign founder, may have outside entities - go hire a lawyer to even know these exists (that's basically what renowned incorporator agencies suggest anyway). At this point I am not even sure even lawyers would deliberately mention about these requirements unless specifically asked. And here is every startup founder's good friend Caya, saving us from all the expensive mistakes.
Used Harvard Business Services to file for a C-Corp, use them as resident agents for the billing address, and they even expedited the whole EIN process with the IRS. For banking, I chose Mercury Bank and would put my hand over fire for them. Their dashboard is user-friendly, beautiful, and they pretty much have no fees for international transfers. You don't need to set foot in the US for it too. Whole process took me less than 2 weeks, give or take, and spent around US$700 total (includes company filing, yearly agent resident fee, incorporation documents, EIN process). Would have used Firstbase if I knew about it, but rather had to take the long route and use my law degree for once.
FYI, US tax only applies if your customers are from the US. US citizens are taxed globally. If all your profits come from outside the US, tax is applied where from the country you made the money.
Glad you enjoy it! Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
Thank you so much! If a founder is from another country what kind of visa does he/she need in order to be able to stay and work in the USA? Are there any special requirements or laws for citizens of the European Union? I would be grateful for your advice.
Oh wow. I guess I’m missing a bunch of stuff then. Then again, We’re judt a 3-man show right now. And, we don’t have any plans of raising capital yet. I kinda want to avoid raising VC capital as much as we can. Something I’ve learned, especially in Silicon Valley, is once you raise VC capital, your priorities will start to change from building a sustainable business to getting that valuation as high as possible at whatever cost because the VC industry wants their little 2% fee from the money they gave you that they borrowed from someone else. It’s not really a bad thing. In my perspective, it just depends on what you want.
Grammar checks are always appreciated (especially when we can change them)! Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
u guys changing thumbnails is too much, choose 1 and stick to it please............ great video though cauz I was also reading some of the rules under Product Hunt's Hyper investment arm on incorporating in the US
Thank you for watching. Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
Very informative. Probably the best video on setting up the US, in fact, I don't think I've seen any other videos like this. Thanks Caya, a lot of good info presented in an relaxed style, all biz vids should be like this
Just on the edge of the line - but I'll let you in. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
Can you convert from an LLC with 5 total owners to a Delaware C Corp after collecting 1st seed round of investments? Would you advise to do so in advance and if so, in advance of the SAFE Note agreement with investor or just before the investor actually executes the fund transfer? Also, does the company lose its QSBS tax exemption status by converting down the road after already receiving raised funds?
How much it will cost every year (not including revenue) -- I want to know, it doesn't matter, if I am making profit or not, I have to pay this amount in total per year to run a company in US?
Third is just as good as first 😉 You get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
You were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
![NEVER Say This To An Investor [9 Things]](http://i.ytimg.com/vi/9yZsTCoEzZk/mqdefault.jpg)
I have been going through all these Delaware C Corp blogs, articles, video contents from experts (!) etc and hardly anyone cared to mention Form 5472 or Form 8865. You are a foreign founder, may have outside entities - go hire a lawyer to even know these exists (that's basically what renowned incorporator agencies suggest anyway). At this point I am not even sure even lawyers would deliberately mention about these requirements unless specifically asked.
And here is every startup founder's good friend Caya, saving us from all the expensive mistakes.
Used Harvard Business Services to file for a C-Corp, use them as resident agents for the billing address, and they even expedited the whole EIN process with the IRS. For banking, I chose Mercury Bank and would put my hand over fire for them. Their dashboard is user-friendly, beautiful, and they pretty much have no fees for international transfers. You don't need to set foot in the US for it too. Whole process took me less than 2 weeks, give or take, and spent around US$700 total (includes company filing, yearly agent resident fee, incorporation documents, EIN process). Would have used Firstbase if I knew about it, but rather had to take the long route and use my law degree for once.
Thank you for rhis
The timing couldn't have been better! We planning to expand the business from South Africa to the USA very early next year. This is very helpful.
Same here man, I actually wanna migrate my South African business to the US this year
YES! WOULD LOVE TO LEARN MORE ABOUT TRADEMARKS ... Thanks for the great work you do !!
Trademarks, yes, sir.
Using Stripe Atlas or Clerky is a very helpful way to file a US based company
Thank you, looking forward to hearing more about the trademarks, with a lawyer of your own or something.
Yes, please.
This is the type of video I've been looking for 😁. Thanks Caya 🙂
Very much looking forward to the Trademark video.
Trademarks, patents and patent pending would be great videos
Agreed. Yes, please.
Yes! Please do a video on Trademarks!!
That's a super informative video .. would it be possible to add more videos with deeper details?
MAE! No tenia idea que eras tico! Que cool, congrats! Fellow tico here in NYC, Pura Vida :)
FYI, US tax only applies if your customers are from the US. US citizens are taxed globally. If all your profits come from outside the US, tax is applied where from the country you made the money.
Also, it's less of a headache if your processor can handle all that too. Like Paddle, or stripe.
international watchers, more likes and shares for these guys!
Excelent explanation and resources. Thanks
Awesome video!
I have plan to start a company in the US
Was literally looking for a video like this
If you’re a foreign founder in the US, aren’t you required to hire a certain amount of locals?
Ur content is really so informational!
Glad you enjoy it! Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
@@slidebean i didn't get my office hour with caya 😓😭😭
Thanks Caya. I really look forward to the trademarks video
Same. Whenever you can, Caya. Thank you!
Thank you so much! If a founder is from another country what kind of visa does he/she need in order to be able to stay and work in the USA? Are there any special requirements or laws for citizens of the European Union? I would be grateful for your advice.
This is GOLD!
Finally, Kaya endorse firstbase 👍👍
Oh wow. I guess I’m missing a bunch of stuff then. Then again, We’re judt a 3-man show right now. And, we don’t have any plans of raising capital yet.
I kinda want to avoid raising VC capital as much as we can. Something I’ve learned, especially in Silicon Valley, is once you raise VC capital, your priorities will start to change from building a sustainable business to getting that valuation as high as possible at whatever cost because the VC industry wants their little 2% fee from the money they gave you that they borrowed from someone else.
It’s not really a bad thing. In my perspective, it just depends on what you want.
Office hours🥳
Nice topic. Thanks!
$399 per month or lifetime?
Thanks for the info!
So tax is around 33% right? 21% government tax and 8.7% Delaware tax.
+1 for trademark video!!
“Setup” is a noun, like in “Check out my setup, bro.” The verb is “set up”, as in “you’re all set up with your Buffalo wings and ranch dressing”.
Grammar checks are always appreciated (especially when we can change them)! Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
Trade mark video pls
u guys changing thumbnails is too much, choose 1 and stick to it please............ great video though cauz I was also reading some of the rules under Product Hunt's Hyper investment arm on incorporating in the US
Can i start a company when i am in f1 visa and then can i transfer the visa to somother type as i will be a entrepreneur
Thank you for the upload.
Thank you for watching. Also, you were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
we need the trademark video
Very informative. Probably the best video on setting up the US, in fact, I don't think I've seen any other videos like this. Thanks Caya, a lot of good info presented in an relaxed style, all biz vids should be like this
Thank you!!!
Am I too late for office hours?
Just on the edge of the line - but I'll let you in. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
In 21 you started slidebean or your 1st company
How to get legally to the US from EU after forming a corporation?
How about an online statup that targets US residents but based in Freezone in Dubai (income tax free) 🤓
You would still pay US income tax I believe
Needed this
Glad you found it useful!
Can you convert from an LLC with 5 total owners to a Delaware C Corp after collecting 1st seed round of investments? Would you advise to do so in advance and if so, in advance of the SAFE Note agreement with investor or just before the investor actually executes the fund transfer?
Also, does the company lose its QSBS tax exemption status by converting down the road after already receiving raised funds?
Nice seemless promo on firstbase
Or use Stripe Atlas
Can I get a free meeting ? Haha
Yes you can! Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com.
How much it will cost every year (not including revenue) -- I want to know, it doesn't matter, if I am making profit or not, I have to pay this amount in total per year to run a company in US?
10 fine
✨
Hell yea! Thank you for this video. You just saved me 99 hours of fkery :)
, 美国中春春美╇➊➌➏⓿➎➍ ➊⓿➐➌➌🇱🇷国美国 中春春美国
mee..
The weeknd?
First!
Edit: not first lol
Third is just as good as first 😉 You get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
Oh lol
You were one of the first comments so you get an invite to Caya's office hours. Email our Community Manager, Páraic, and he will send you an invite. His email is paraic@slidebean.com
You don't
You're welcome
Use me as a dislike button
I was so happy when you said firstbase, but when I googled their reviews, they are terrible and they look very inexperienced.