Incorporating in the United States could seem like a daunting task for foreign companies who would like to take their chances on the global market. Why wouldn’t they want to when everyone else is dreaming to live the American dream?
Incorporating in the United States could potentially increase the credibility of your business. Furthermore, you gain access to the world’s largest source of market and investors. Aside from this, however, there are more benefits that businesses and business owners wouldn’t want to miss when they register their company in the USA.
Here are 5 things you wouldn’t want to miss from incorporating your business in the USA:
- ASSURED LEGAL SECURITY
One of the best incorporation jurisdictions in the world is the United States. One of the best benefits from being a business in the US is that the law grants assurance of safety for your business and its assets regardless of political or economic outcomes. Rights of businesses to operate unhindered and government financial support in times of crisis are all enshrined into law. If someone comes along and treats your business unfairly, legal protections are readily available for businesses to take advantage of to protect themselves. Whether it’s your business’ monetary assets or otherwise, there is no more reassuring legal framework that is business friendly than in one of the world’s most powerful and business-driven economies.
- IMAGE AND REPUTATION BOOST
It’s a no-brainer that American companies are generally more reputable than companies from other jurisdictions. Consumers in foreign countries tend to consider American brands and products as world-class or higher quality compared to those from other countries. Being able to say that your brand is from the US could bring your product or service to a new and better light. Moreover, the overwhelming local support from American consumers who are proud to purchase products or services from one of their own will propel your US-incorporated business fast. It just doesn’t stop at a B2C level. American businesses looking to work with other organizations for improvements or expansion will most likely be more comfortable working with a US-based company before anyone else.
- ACCESS TO EXCLUSIVE LOANS
As your business grows in the United States, you might see opportunities to expand locations or operation size. When that time comes, a loan is something you’ll have to consider taking. Good thing borrowing from an American bank for business expansion purposes is easy when you’re running a business incorporated in the US. Of course, that is after following the usual prerequisites such as credit history in the US and being an existent business for a couple of years already. This means the sooner you start incorporating your business in the US, the sooner you can start building your financial portfolio that may open doors of opportunity through the banking and loan systems of the USA.
- GAIN MORE INVESTORS’ TRUST
If you’re looking for additional investors to keep your business growing exponentially, the American market is the most attractive for you to find the business partners you need who will be willing to invest in your business. It’s a known fact in the American business space that American investors are more eager to invest in companies registered in the US because of the hassle-free nature of it. How would you like to invest in an offshore company which you can’t even check diligently and which operates in a foreign jurisdiction that may not have laws to protect your investment? If you want more investors to pitch in and make your company grow, you should start gaining their trust by showing you’re a bonafide US-incorporated company worth supporting.
- EASE OF US IMMIGRATION
Living the American dream isn’t complete without actually spending time in the US. One of the best perks of having incorporated business in the US is the ease of immigration for business owners of foreign nationalities. Having formed a US company for example, you may become a US treaty investor and get an E-2 visa or US Investor Visa. Alternatively, there are also options like the L-1 visa for intra-company transfers and EB-5 visa for investment green card holders. If living in the US has always been a dream of yours, then incorporating your business here will take you one step closer to living that.
That being said, when you incorporate your business in the US, it opens up your company and yourself to a plethora of opportunities that allow for growth and international expansion. Getting someone to help your company get out of your local jurisdiction and into the US will help a lot for you to achieve your goals and experience these benefits the soonest.
