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Register a company

Asked by: As a foreigner who exchan - 9 March, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 As a foreigner who exchange study in US, can I register a company in US? What kind of company can I register? This moment I don't have business plan for the company, but I want to register one if an opportunity coming.
Answered by: Lloyd Johnson - 23 March, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/36.jpg-879792e1197755ef7c796380de659758 Dear Visitor,

The only type of company you are restricted from opening is an S-corporation. But you can feel free to open an LLC or a Corporation in the United States.

However, since you are not ready to engage in business, our advice would be to wait and register the company when you need one. There are some administrative expenses that are incurred every year by the American companies, such as annual report fees, registered agent fees, tax preparation fees. If you do not need the company, why pay these fees? And when you need one, the registration process is rather simple and can be done quickly.

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