Establishing a US presence
Get answers to your questions and take the first step toward US business expansion.
What is a Federal Tax ID number, and why do US businesses need it?
A Federal Employer Identification Number (FEIN)- sometimes referred to as an EIN or Tax ID number is essential if you want to run your business in America. This nine-digit number is assigned to you by the Internal Revenue Service (IRS) for tax filing and reporting purposes. With it, you can also open a US bank account, hire employees, contribute toward employee 401(k) plans, and even file for bankruptcy. While most businesses must have an EIN, this is optional for some single-owner companies.
How to establish your business presence in the USA?
The US continues to be fertile for business innovation and growth, inviting businesses from around the world to make their mark in the 50 states. But how do you get started? Explore the Q&A’s below to find out more about what it takes to establish your business presence in the USA, how to set up a US entity, how long it takes & more. If you have any other questions for us about entering, growing or scaling in the USA, please feel free to get in contact with us here.
Only the best for you and your team
At Foothold America, we offer top-notch service for you and your team. Our core services include:
Our Employee Management Service offers a turn-key, cost-effective solution for your company to have a legitimate US presence with US employees anywhere in the country in as little as one week without the cost and complexity of setting up a US entity.
We’ve created our People Management Service (PPS) to help you navigate the process of setting up your US entity, becoming the Employer of Record (the direct employer), onboarding US employees, and managing the complex operational and HR processes of doing business in America.
Establishing a legal entity in the US brings enormous potential for growth—and a unique set of challenges and complications. Partnering with Foothold America for your US entity setup ensures smooth and compliant registration in your chosen state – all whilst cutting through layers of bureaucracy and giving your company the freedom to concentrate on its larger business objectives.
GET IN TOUCH
Request a quote, talk with our US expansion experts or ask any questions. We will get back to you via email in less than 24 hours.