New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I have a small incorporated company in Canada and I am starting to sell to US customers in addition to my regular Canadian customers. I sell wholesale stuff so I will be shipping items by mail from Canada to the USA. To facilitate things I would like to open a corporation in the US so that I can open a bank account, shipping account, etc. but I am wondering how I go about doing this when I don’t have a physical address in the US, and I don’t intend to at the moment either. Would the US authorities send corporation correspondence and other official documents to a Canadian address?
Dave,
In your case since you only need the US company to serve as sort of a proxy to your Canadian business, you should consider forming your corporation in one of the incorporation heavens, such as Wyoming or Delaware. You then can travel to any state and use your incorporation documents to open a bank account for your new entity.
Keep in mind that you will need to maintain a Registered Agent for your corporation in the state where you register it. This can easily be done using commercial Registered Agent service (we offer it as part of the incorporation package for just $99 a year).
As far as forwarding mail to international destinations, those two states do allow you to list an international address as the mailing address (as well as business address), so you shouldn’t have any problems. In any case, the states rarely mail anything, and if your company is served your Registered Agent will forward you all the scanned material via email, fax and fast mail. Finally, the IRS do mail the EIN confirmation letters to any recognized international destination.
Hopefully that answers your question.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
