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Our colleagues at Aprio have created a site dedicated to helping businesses navigate the #Coronavirus impacts. From cash flow ideas to tax implications to successfully implementing a remote workforce, the information here is invaluable.
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UPDATE 3/20/2020 Today, Treasury Secretary Steven Mnuchin has said (via twitter) that President Trump has directed him to move Tax Day from April 15th to July 15th. His follow-up tweet encouraged taxpayers, if eligible for refunds, to go ahead and file early to get their money. |
If you are a business owner in a country like Australia, New Zealand, United Kingdom, or Hong Kong and are looking to expand to the United States (U.S.), you may be wondering how you will be able to open a U.S. business bank account to run your U.S. operations. Banks in the U.S. have very strict policies and require certain forms of documentation when an entity that has foreign ownership opens a bank account.
If you’re like many entrepreneurs, you thought you’d be able to handle every facet of your new business. You’d create the product, hire the staff, manage your advertising campaigns, make your own mini muffin platters for those early morning meetings, and, let’s not forget, handle the finances, too.
If you’re thinking of expanding your business to the United States, there are immigration requirements you need to consider. Here, I’ll break down what you need to know about immigration including visas, green cards and if you need a tax ID number.
Having seen and helped many international companies come to the US, there are certain things that seem to keep coming up as a struggle. The challenge is a result of the fact that doing business in the US is COMPLICATED. Seemingly much more so than Australia, NZ, EU, UK, Singapore, or Hong Kong.
With more than half of all publicly traded companies incorporating in Delaware, you may be wondering why more and more businesses are choosing Delaware over any other state in the U.S. Besides the legal protection and convenience advantages in Delaware, here are five primary reasons why so many businesses incorporate in Delaware.
If you are establishing a business, or expanding to the US, you need to know the paperwork required to complete the formation of your business entity. Learn more about US requirements below. And reach out to Aprio Cloud if you'd like help from the experts in setting up your business correctly right from the start.
There are various documents associated with entity formation, depending on the type of entity you are forming. We will address the three main types of entities: Corporation, Limited Liability Company, and Partnership, the differences between them, what formation documents are, and which document are associated with which type of entity.
Source: Corpnet Article
Starting and growing a business takes a lot of patience and persistence. It also takes an incredible amount of focus, which is why many startups decide to hand over their financials to a professional who will make sure all of the numbers add up. It might not seem like it due to the upfront costs, but outsourced accounting can also save you money in the long run.
Just 10 years ago, doing business abroad was a huge undertaking for a small business owner. Now, the digital revolution has made the whole world accessible. In just about every industry, there’s been an increasing worldwide reliance on cross-border trading. Even the smallest service or product can now expand on a global scale.
