General Information:
A corporation is a legal entity that is separate and distinct from the person who owns it. A corporation is considered an artificial person but has similar rights in law to those of a natural person. A corporation can own property, incur debts, sue and be sued. The ownership in a corporation is held by shareholders. Because the corporation is a separate entity from its owners, shareholders have no legal liability for its debts, and this is the big advantage of doing business using a corporation.

Type of Corporations:
There are two types of corporations private and public. A private corporation is owned by specific individuals and/or one or more corporations. A public corporation on the other hand, may be owned by any person, as its stocks are traded in a stock exchange market, such as the Wall Street.

Frequently asked questions:

What is a shareholder?
As explained above, a corporation is owned by shareholders. A shareholder can be either a natural person OR another corporation. A corporation may be owned by one or more shareholders. 

Can a non-US citizen own a corporation in the US?
Yes, a non-US citizen can own a U.S. corporation and the corporation may do business in the US regardless of the person immigration status in the US. There is no requirement that an owner of a corporation (shareholder) be a U.S. citizen. However, owning a corporation in the US does not, by itself provide the right to work and/or live in the United States. If you own a corporation, you may enter the US from time to time with a B-1/B2 Visa in order to supervise its operations. In certain instances you may be eligible for an L-1 Visa if your corporation is a branch or affiliation of a foreign corporation, for an E-1 Visa, if your country is a party to a Treaty Trader agreement with the US and your corporation is trading with the US OR for an E-2 Visa, if your country is a party to a Treaty Investment and your corporation is investing in the US.

Will I get a Social Security Number (SS#) OR Tax ID Number (EIN#) so I can pay Taxes in the US?
NO. Today, ONLY a person that has permission to work in the United States may apply for a Social Security Number. A person is typically permitted to work in the US if he is a US citizen, is a Green Card holder OR is working pursuant to working Visa. You can apply for EIN# if you own a corporation. In order to that you will normally need a SS#. However, if you do not have one, a copy of your foreign passport may be used as a substitute.

Can you form a corporation for me?
Yes, our firm has formed hundreds of corporations across the United States and we will be happy to provide you with this service.

How long it takes?
Processing time may vary from state to state but in most cases may take as little as three to seven days.

How much is the cost to form a corporation?
We currently charge between $750 to $1,500, depending on the type of corporation and the State where that it is formed.

How do I start a case?
To start a case you will have to provide us with the following information:
a. three preferred names for the corporation.
b. States what type of business the corporation will do.
c. Address in the US where the corporation will be located.
d. Name of the corporation’s Director.
e. Your name, address, telephone numbers, email address and copy of your passport (if you do not have SS#).
f. Check in the amount for the service of $750 OR a credit card number which can be used for the payment (we will advise you if additional payment is required)

*Note that the above prices are subject to change at any time and without further notice. Prices do not include out of pocket expenses and any unexpected circumstances we may have to address.

**This is general information and is NOT intended to provide legal advise.