United States
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Foreign Ownership Eligibility
United States welcomes 100% foreign-owned companies
Fully remote formation — you never need to set foot in the country.
- 100% foreign ownership allowed
- No residency requirement
- No physical visit needed
- Remote EIN application possible
- No minimum capital requirement
- All entity types available to non-residents
Ownership
100% Foreign OK
Formation
100% Remote
Note
S-Corps are NOT available to non-resident aliens. Choose between LLC or C-Corp structure.
Tax at a glance
United States Tax Overview
21%
Federal corporate tax
Flat rate since 2018 (Tax Cuts and Jobs Act). Applies to C-Corps only.
25.57%
Combined federal + state average
82nd highest globally. Source: Tax Foundation, Dec 2025.
10%–37%
Personal income tax (federal)
Graduated rates. Pass-through entity owners pay at individual rates on their share of profits.
No federal VAT. State sales tax 0%–10%+
Sales tax
45 states + DC impose sales tax. Combined state + local rates exceed 10% in some jurisdictions. Delaware, Montana, Oregon, and New Hampshire have no statewide sales tax.
30%
Dividend withholding (non-resident)
Default rate. Reduced to 5%–15% under many of the ~66 US tax treaties.
21%
Capital gains (C-Corp)
Taxed at the same rate as ordinary corporate income.
15.3%
Self-employment tax (LLC members)
Social Security + Medicare on first ~$168,600 of earnings.
~66 countries
Tax treaty network
Includes major economies: UK, Canada, Germany, Japan, Australia, India, China. Source: IRS.gov.
$25,000/year
Form 5472 penalty (non-filing)
Required for all foreign-owned LLCs and corporations (25%+ foreign ownership). Additional $25,000 per 30-day period of continued failure.
Pros & cons
Advantages & Considerations
Key Advantages
The US is the world's largest economy at ~$29.7 trillion GDP (2024 nominal). You're incorporating into a market that accounts for roughly a quarter of global economic output.
Zero minimum capital required. Every entity type — C-Corp, LLC, LLP — can be formed with $0 in paid-up capital. No federal or state minimum exists.
~5.64 million new business applications were filed in 2025, up from ~5.25 million in 2024. State filing portals, IRS processes, and registered agent networks all handle this volume routinely.
Delaware offers 24-hour expedited formation. Most states process filings in 1–5 business days. You can have a legal US entity within a week without visiting the country.
Foreign nationals face no ownership restrictions on C-Corps or LLCs. No US citizenship, residency, or visa is required to be a shareholder, member, or director.
LLCs are taxed as pass-through entities by default — profits flow to owners' personal returns with no entity-level federal tax. This eliminates the double taxation that C-Corps face.
The US maintains income tax treaties with ~66 countries, reducing withholding taxes on dividends, interest, and royalties for founders from treaty nations.
~195 Foreign-Trade Zones across all 50 states and Puerto Rico offer deferred customs duties, reduced duties on re-exports, and simpler import paperwork.
NYSE, NASDAQ, and the largest venture capital market in the world are all here. If you're raising institutional money, a Delaware C-Corp is the expected structure.
The USPTO registers patents, trademarks, and copyrights. US federal courts actively enforce IP rights, which matters if your business depends on proprietary technology or branding.
An EIN (your company's tax ID) is free from the IRS. International applicants can get one same-day by calling 267-941-1099. Do not pay a third party for this.
Privacy protections in Wyoming and Delaware mean LLC members are not listed in public formation documents. Wyoming also permits nominee officers and directors.
Considerations
Form 5472 is required for all foreign-owned LLCs and corporations. The penalty for not filing is $25,000 per form per year — and that increases by $25,000 for each 30-day period you ignore IRS notices.
Multi-state taxation is genuinely complex. If your business has nexus in multiple states (even through remote online sales after the Wayfair ruling), you may need to register, file, and pay taxes in each one. There's no federal VAT, but 45 states plus DC impose their own sales tax — each with different rates, rules, and exemptions.
The US is one of the most litigious countries in the world. Business litigation attorneys charge $300–$1,000+/hour, and even successfully defending a lawsuit is expensive.
Opening a US bank account as a non-resident remains the single hardest practical step. Traditional banks (Chase, Bank of America, Wells Fargo) typically require an in-person branch visit. Account applications can be denied, and enhanced due diligence for foreign-owned entities adds 2–6 weeks.
Healthcare costs for employees average over $24,000/year for family coverage. If you plan to hire US-based staff, this is a significant ongoing expense most foreign founders underestimate.
Delaware franchise tax can blindside you. The default Authorized Shares calculation method can produce bills of $80,000+ if you authorized millions of shares (common for startups). Switching to the Assumed Par Value Capital method often drops it to the $400 minimum — but you have to know to do this.
Even a dormant company costs $1,100–$4,150/year minimum to maintain: registered agent ($50–$300), state annual filings ($60–$350), federal tax return prep ($500–$2,000), and Form 5472 prep for foreign owners ($500–$1,500).
Trade policy has been volatile. Tariff rates on imports shift between administrations, creating unpredictable costs for businesses that depend on imported goods.
Structural Comparison
LLC
C-CORP
Incorporation Process
The process is strictly digital. Each stage builds on the previous one.
Choose your entity type (C-Corp for VC fundraising, LLC for bootstrapped or pass-through taxation) and state of incorporation (Delaware for investor credibility, Wyoming for cost and privacy).
Check name availability on your chosen state's business entity database and reserve your preferred name. Delaware charges $75 for a 120-day reservation; Wyoming charges $60.
Appoint a registered agent with a physical street address in your state of incorporation. Required by law in every state. Commercial services cost $50–$300/year.
File your Articles of Incorporation (Corp) or Articles of Organization (LLC) with the state. Most states allow online filing. Delaware offers 24-hour, same-day, and 2-hour expedited options.
Obtain your EIN from the IRS — it's free. International applicants without a US SSN call 267-941-1099 (Mon–Fri, 6am–11pm ET) and receive the EIN during the call.
What you'll pay
Cost Architecture
Government Fees
Annual Ongoing
Professional Services
Delaware's 'Authorized Shares Method' for franchise tax can lead to unexpected $100k+ bills. Always elect the 'Assumed Par Value Capital Method'.
Still unsure about costs?
These are estimates — your actual cost depends on your structure
Every United States setup is different. A 15-minute call with one of our specialists will give you a personalised cost breakdown — completely free.
Fintech & Banking
Can non-residents open accounts without visiting? YES.
Banking options for non-resident founders in United States. Remote account opening availability varies by institution.
| Institution | Type | Ease for Non-Residents | Notes |
|---|---|---|---|
| Mercury | Fintech | High (Remote) | Popular with startups. Requires US entity (LLC or Corp) and EIN. FDIC insured via partner banks. Fully remote onboarding. |
| Relay | Fintech | High (Remote) | Designed for small businesses. Requires US EIN and formation documents. No minimum balance. Fully remote onboarding. |
| Brex | Fintech | High (Remote) | Originally focused on funded startups. Offers corporate cards and cash management. Best suited for companies with venture backing or meaningful revenue. |
| Chase (JPMorgan) | Traditional | Low (Visit Required) | Largest US bank. In-person visit typically required. Needs 2 forms of ID, EIN confirmation letter, and Articles of Organization/Incorporation. |
| Bank of America | Traditional | Low (Visit Required) | Requires appointment at a branch. Full document package needed. Enhanced due diligence for foreign-owned entities can add 2–6 weeks. |
| Wells Fargo | Traditional | Low (Visit Required) | In-person visit required. May have additional requirements for foreign-owned entities. Can decline accounts for certain industries or jurisdictions. |
Frequently Asked
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