ACCOUNTING AND FINANCIAL CONSULTANCY

In the US, even the smallest business transaction requires tax reporting. Properly filed tax returns are essential for a company’s commercial activities in the US. If the company owner is not a US citizen, they need to obtain an ITIN number from the tax office to conduct personal activities outside their business operations in the US. We provide comprehensive tax and accounting services for our clients. Additionally, we can open bank accounts for clients who meet the necessary legal requirements, even if they are not physically present in America.

Errors in tax and accounting processes can lead to financial penalties and commercial and personal issues for the company and its owner. Moreover, accounting methods such as income reporting can seem quite complex. We offer easy and straightforward accounting and tax services for you.

Our main tax, accounting, and banking services include:

• Payment of sales taxes
• Filing annual personal and corporate tax returns
• Opening and managing bank accounts in America
• Payroll services
• QuickBooks Management
• IRS Resolution and Audit Support
• Forms 1040, 1040NR, 1040EZ, 1040ES, 1120, 5742
• ITIN and EIN applications

FINANCIAL CONSULTANCY

In which state and city should I invest?

Delaware, Florida, and Virginia are attractive investment areas for investors based on the opportunities they offer.

Delaware:

• If you establish a company in Delaware, you have the authority to manage all positions within the company by yourself.
• Unlike many other states, there is no minimum balance requirement in the bank account for establishing a company in Delaware.
• No income tax is required if you do not conduct business within the state.
• Owners have the right to name and document confidentiality.
• Company directors have the right to sell shares at any price they choose.

Florida:

• One of the attractive opportunities for establishing a company in Florida is tax-related. Sales tax is only applied to products sold within Florida. Unlike many other states, there is no personal income tax.
• The flexibility of reporting standards and the fact that annual accounts are not subject to documentation are important for shareholder privacy.
• The low tax rate, affordable and high-quality labor force, and the state’s position as a gateway to foreign markets make it a significant point of interest.

Virginia:

• Establishing a company in Virginia gives you the opportunity to benefit from incentives provided to investors and exporters. It offers infrastructure development grants, tax refunds, exemptions, and technical training programs.
• The income tax rate applied in the state is 6%, and there is no tax on profits derived from international activities of companies.
• The 4.5% sales tax rate is among the lowest in the US.

Which sector should I invest in?

For investors looking for long-term investments, construction and real estate are two indispensable options. Additionally, the hotel industry is quite popular. Exporting food products is another recommended commercial activity.