Thinking of expanding your business into the United States? A
good understanding of the unique needs and requirements of a
foreign-owned US entity is essential.
Utilising the right accounting and tax expertise from the start
can help you to develop a realistic business plan, including the
tax and employment costs of doing business in the US, as well as
provide a local partner to help guide you through the required
process and registrations effectively.
Getting started
Typically, creating a US subsidiary is the most popular option,
establishing a legal entity that can operate in the US market
without exposing the parent company to more risk than is necessary.
But a key decision is which state to site your subsidiary in. Tax
levels in the US vary because each of the 50 states has the power
to decide their own rate of taxation, and incentives will differ
according to the type of industry and number of potential new jobs.
Many state incentives require application