How do I form a subsidiary?
International businesses can form a subsidiary company in the USA by appointing a lawyer. Your lawyer will carry out the work required to create a subsidiary, getting to know your business and advising you on whether to register your business as a LLC, a Corporation or an S Corporation.
Forming a subsidiary in America as an international business generally takes several months and can cost thousands of dollars. You should appoint a lawyer to carry out the work required to create a subsidiary. Your lawyer will:
- get to know your business
- help you to navigate tax issues, protect your intellectual property and advise you on which state to incorporate in
- be best positioned to advise you on whether to form as a LLC, a Corporation or a S Corporation.
It’s important that you form a subsidiary in the right way, and in the right state – doing things properly at the start is easier and less expensive than correcting mistakes later down the road. Of course, if you want to test the water before undertaking such a huge task, bear in mind that Foothold America can give your business an easy, low risk way of entering the US market.
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