What is involved in forming an LLC non-domestic company in the USA in 2024 and what it costs

A non-domestic company in the USA in 2024

In this blog post, we look at all the important aspects that you need to know as a foreign founder in order to successfully establish a non-domestic LLC (Limited Liability Company) in the USA in 2024. We explain the typical registration and filing fees as well as recurring taxes (franchise tax) based on an overview of the most attractive states.

Revolutionary reasons for an LLC in the USA

You may hardly believe your eyes, but it's actually true... you can order an LLC company during your lunch break at your current job and set it up worry-free and without additional taxes and headaches on the side. Or have you been in the process of setting up or maintaining a German or other EU company for a long time, and the costs are too high for you? Don't worry, the LLC is just as good, if not better. With a LLC in the USA you pay virtually no taxes, and even with an anonymous LLC, the annual costs are no higher than usual!

What is an LLC Non-Domestic Company?

A Limited Liability Company (LLC) is a form of company widely used in the USA that combines the characteristics of a partnership and a corporation. As "Non-Domestic" refers to an LLC that was originally formed in another state or even outside the United States (non-domestic, foreign).

Advantages of a US LLC for foreign founders

The most common reasons for choosing an American LLCThe advantages are tax savings, the establishment of a business presence in the USA and limited personal liability. Thanks to the simple structures and manageable bureaucracy, an LLC can be set up quickly and cost-effectively - even for founders from abroad.

Registration of a foreign LLC in the USA

In most cases, non-domestic LLCs must first obtain a "Registration" or a "Certificate of Authority" in the respective country. Federal state apply. There is a one-time filing fee and annual fees for "Registered Agent" (available free of charge in our incorporation packages). This step is necessary for the foreign LLC to be officially recognized and protected.

The most important choice: The founding location

The state in which the non-domestic LLC is registered has a major influence on taxes, fees and the general framework conditions. It is therefore worth comparing the most attractive locations such as DelawareWyoming, Nevada and New Mexico:

Delaware

• One-time registration fee approx. $185 (Registration $110 + first license $75)
• Annual franchise tax from $300
• Annual reporting fee $50

Wyoming

• One-off registration fee $100 (Certificate of Authority)
• From 2nd year annual reporting fee $52
• Annual license tax min. $50

Nevada

• One-time registration fee $425 (Registration $75 + member list $150 + license $200)
• Annual fees $350 (business license $200 + member list $150)

New Mexico

• One-time registration fee $100 (Application for Registration)
• Annual franchise tax $50

Comparison table and chart

Chart (prices in USD)

The choice of the right place of incorporation depends more or less on individual preferences. Some states like Wyoming Delaware has a reputation for low taxes and a business-friendly atmosphere, while others, such as Delaware, enjoy an excellent reputation as a corporate home.

Step by step to a US LLC as a foreign founder

The steps for a successful start-up as a foreign entrepreneur can be summarized as follows:

1. Checking the availability of the company name
2. The assignment of a registered agent and a business address (registered agent)
3. Submitting the application for incorporation
4. Payment of the Secretary of State's fees
5. Create and submit articles of association
6. Applying for business licenses and permits (optional)
7. Applying for an Employer Identification Number (EIN)
8. Opening a business account

By fulfilling all formalities, the Limitation of liability effective and the LLC can officially launch on the international market.

Another cost factor

The Registered Agent Service

An often overlooked, but Important cost item when forming an LLC in the USA is the appointment of a registered agent. This is a representative based in the respective federal state who is responsible for official correspondence such as Complaints or government mail for the company.

Hiring a registered agent is mandatory for LLCs in all US states. The fees for this service vary, but usually range between 50 and 300 dollars per year (depending on the provider and free of charge for our founder package customers).

The complete solution for your start-up project from "Digitalize Global"

At "Digitalize Global", we are experts in the Founding companies in the USAespecially for foreign founders. With our all-round service for LLC formations, we take care of all the formalities for you, including organizing a registered agent and a business address. Enjoy a worry-free foundation and benefit from flexible payment options. You can pay the total amount of our services not only once, but also monthly at a very favorable price.