Previously we discussed various business structure that Indian business owners could choose if they are starting a company in USA (Choosing right business legal structure in USA for Indian Entrepreneurs).
However as the name suggests, United States Of America is a country formed by uniting various states. So the laws in each 50 state is a little different and hence, incorporating in the right state is important.
In this episode of “eLagaan Whiteboard Friday”, the eLagaan team explains various factors you should consider before incorporating your business in one state or other. Some of the factors include immigration status, State of residence, Privacy laws, Cost, Customer location, Employee location, Forum shopping & Long arm statute. Also consideration on finding a state which is corporate friendly, so the businesses have higher chances of favorable court laws.
Recommended Read: Explained: 7 Steps to Incorporate a Company in USA (from outside USA)
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