6 reasons why you should Register your Business in US
The United States is one of the world's largest, most important and sought-after economies in trade and business. Being widely recognized as a lucrative business center, registering your company in the USA can help you expand your company and be an important component in its overall success.
Company registration in the USA is a simple and straightforward process that can be completed entirely online. You do not need to be a citizen of the United States to register a firm there. Once you have chosen your company name and registered it with the relevant authorities, you will be able to start doing business in the entire United States almost immediately.
Trademarks are essentially intangible assets that prevent others from using a company's name, logo, or other branding elements. It is a design, sign, or logo associated with a specific product or company. The brands that already exist in today's market have become more abstracted, and they've done a good job of it. The image, reputation, character and other elements of businesses are all essential. In today’s market, a brand's logo is the symbol of their identity. The brand helps to identify and differentiate them from their competitors by using its image, character, identity, etc.
When Micro, Small, and Medium Enterprises (MSMEs) have their trademarks registered, they can use it to legally block their rivals. Trademarks are important in protecting an MSME's brand and maintaining a good relationship with consumers. The trademarks allow them to increase the value of their intangible asset as a way to obtain monetary gain from numerous financial institutions. A registered trademark can protect an MSME's logo from a lack of status and strengthen some of its consumers' connections.
Here are the top 6 reasons why businesses choose to register in the USA
1. Pro-Business Environment
The USA has a very pro-business environment. There are few restrictions on businesses, and the government is generally supportive of business growth. This makes it an ideal place to establish a company. Not to forget, the USA is a huge market with a population of over 300 million people which provides businesses with a huge potential customer base.
Adding to this, the United States has world-class infrastructure, including an extensive network of roads, railways, and airports. This makes it easy to transport goods and services around the country and to export them to other markets, hence further contributing to the smooth-functioning of a business.
2. Low Tax Liability
Having one of the lowest corporate taxes in the world, the USA makes for an attractive destination for businesses looking to minimize their tax liability. In many parts of the United States, investors are eligible for financial incentives if they decide to establish a business there.
Due to a number of tax treaties with other countries, the United States also offers a number of tax breaks and deductions that are not available in other countries. These treaties often provide for reduced taxes on income from cross-border trade or investment. Tax perks and, in recent years, commercial real estate taxes have been known to be reduced for foreign investors in the country.
3. Eminent Legal Framework
You basically build and accumulate business resources when you start a company. They may be in the form of cash, stocks, real estate, intellectual property and so on. It’s important to thus manage & protect all of these business assets. Company registration in the United States allows you to run your business in one of the best incorporated jurisdictions in the world.
Albeit time-consuming, adhering to the strict regulations in the country due to a well-developed legal system and a strong tradition of enforcing contracts can be an advantage for the long haul. If you are a business owner in the United States, you can rely on the American legal shield to safeguard your business' interests from unfair treatments.
4. Your Business - A Distinct Legal Entity
In the United States, company registration protects & separates your personal assets from all corporate activities. When you set up a firm in the United States, it becomes a distinct legal entity and is answerable and accountable for commercial obligations & debts incurred throughout the business. It implies that creditors & loaning sharks may only seek payments from your business assets and not from your personal assets. It allows you to operate your business without putting your personal belongings at risk, such as bank accounts or real estate, hence substantially reducing your personal liability.
5. Access to Capital
When you register a business entity in the United States as a corporation, you are allowed to issue shares and raise equity capital. Raising capital and attracting investors is critical for the financial growth of your company.
So when you think about it, investing in a legal framework with formalities already in place to make successful use of their investment, it's a win-win situation for investors & businesses alike. Moreover, there is no shortage of capital in the United States. American banks are some of the largest in the world, and there is a large pool of private equity and venture capital firms willing to invest in promising secure businesses.
6. Hire Highly Skilled Workforce
The United States has a large pool of highly skilled workers. With how competitive the market is, American workers are generally well-educated and highly productive. In the United States, a registered business receives the advantage of employing full-time personnel and paying them according to federal law.
When you register your company in the United States, you acquire a State Identification Number that enables you to dispatch state taxes on part of your staff. It also aids you with providing health insurance and other statutory benefits to your workers, thus creating a positive image for your firm as it gives various incentives. As a result of these perks, your firm will be more appealing to workers in the United States and you will be able to hire and retain them with ease.
Some of the most well-known firms that originated in the US are Apple, Microsoft, Facebook, and Instagram. The large market, low taxes, ease of doing business, business friendly laws and regulations, enhanced credibility and brand awareness, world-class infrastructure, and favorable currency exchange rates are all additional appealing factors that make it safe to say that the United States is an attractive destination for all types of businesses.
If you are thinking of starting a business in the United States, it is important to consult with an experienced trademark attorney who can help you navigate the process of registering your brand and ensuring that you are well-protected. Let Global Trademark Company be your guide!