FAQ

1. What kind of American company do I need?

An LLC (Limited Liability Company) which can be either a single-member (one shareholder) or have multiple partners. It is the simplest and fastest form of a company and has a 0% corporate tax and 0% dividend tax (on distributed profits).

2. Do I need an American national/citizen for the operation of my company?

Of course not. You are the shareholder.

3. Can I establish an American company without my physical presence there?

Yes. The company formation is done remotely without your physical presence. Our legal department handles all the procedures for you.

4. Can I have more than one company in my name?

Yes, you can have as many as you want.

5. How long does the process of establishing a company in America take?

On our end, and once you have sent us all the necessary documents, we need up to 7-8 business days to establish your company.

6. Can an American company have a bank account with online banks?

Yes, it can.

7. What information and documents are required to establish a company in America?
  • A valid passport.
  • An active utility bill (electricity, telephone, mobile phone, or water) which states your residential address.
  • The percentage of shares – the number of shares to be held by the shareholders.
  • A description of the company’s business activities to see if any special licensing is required for the company’s launch (e.g., online betting services).
  • 2 or 3 alternative names for your company.
8. What is included in our company's fee?

Our fee includes everything, as you have been informed from the beginning about all the costs in detail, without any hidden charges or future costs. From the start, everything is clarified and calculated according to the information you have provided us for your company’s needs.

Our company also offers consulting and guidance for the correct process of opening and establishing your company, both before and after, during its operation.

If you are satisfied with our cooperation, we remain by your side over the long term with the aim of developing your company. We are not of the philosophy of ignoring your calls and requests, as we are consultants, not just facilitators.

9. Do you offer solutions for the registered office of the American company?

Our company provides you with the tax headquarters for your company in America to house your dreams and your company. Our goal and purpose is the development of your company for many years without problems.

10. What tax will I pay on my profits from my company in America?

The taxable profits for companies based in the state of Wyoming or Delaware are taxed at 0%, regardless of the amount of turnover and profitability, as long as the sales/provided services are outside the state and America. Also, the dividend tax is 0% (distribution of profits from the company to the shareholder/s). There is also no advance tax payment for the next year.

11. Can I be paid from my bank account in a currency other than the Dollar?

Yes, you can open any corporate account you wish.

12. Are there social security contributions for the shareholder(s) and for the manager of the company in America?

NO.

13. Is there an advance tax payment on profits for the next year?

NO.

14. Are there activity codes for the company in America?

No. Your company can have any purpose and activity it wishes, while complying with the legal and tax regime.

  • 0% Corporate Tax
  • 0% Dividend Tax
  • 0% Social Security Contributions
  • 0% Advance Tax
  • Company Formation within 24 to 72 hours
  • Address and Headquarters

When you establish your company with us, we offer you for free:

  1. Invoicing / bookkeeping software and accounting entries
  2. Domain name registration with .com or .eu
  3. 1 consultation / month, with a duration of 1 hour
Final prices with no hidden fees, including all services for the maintenance and smooth operation of your company.

With the establishment of your company through us, we offer free of charge:

  1. Invoicing / bookkeeping software and accounting entries
  2. Domain name registration in .com or .eu
  3. 1 consultation per month, with a duration of 1 hour
Final prices with no hidden charges, including all services required for the maintenance and smooth operation of your company.

Contact Us

For more information, you may contact Localit Consulting to receive detailed answers to your questions.
Phone: 6982220765, +357 22053831, Email: info@localitco.com
 
Alternatively, you may complete the expression of interest form by clicking here, and we will contact you promptly.

The information provided in this article does not, under any circumstances, constitute pressure or encouragement for anyone with the aim of avoiding applicable laws in each country or circumventing proper tax policies. It is intended solely as advisory content and informational articles. The author expressly disclaims any liability towards any individual, entity, or company that acts or refrains from acting based on all or part of the content of this text. Therefore, no action should be taken or reliance placed on the subject matter or the information herein without first obtaining advice from appropriate and competent professionals regarding one’s activity and entity in general.