Buy a Company in the USA: an Offer for Non-Residents
Aug 07, 2023
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Explore business opportunities in the USA: stable economy, pro-business laws, and success stories. Buy a business in America with expert guidance. We help you on the way to your dream! Learn more on our portal.The USA is a country where many people want to live and make business. And while acquiring US citizenship is a complicated process that sometimes verges on the impossible, American business is quite a viable undertaking that almost anyone can handle. The United States is a real magnet for entrepreneurs due to its strong and stable economy, pro-business laws, and numerous success stories: the largest number of the world’s millionaires are based here.
In this post, we are going to consider the opportunity of buying a business in America rather than starting it from scratch and look at the advantages of such a decision. We would like to invite you to our portal where you can read the full text of this article on buying a business in America and find much more information on different aspects of business. We also have qualified specialists who will be your guides in this process to prevent any major pitfalls from stopping you on the way to your dream.
Why Buy a Business in the United States?
Let’s be frank: this is not the only opportunity in the world to make money. What reasons can make a budding entrepreneur choose this option? Let’s have a good look at them:
- Robust economy. The GDP of the United States accounts for a quarter of the global one. The USA remains the top strongest economy in the world that quickly got back on track after the COVID-19 pandemic and the recession it brought.
- Doing business is really easy. The country has steadily been on the top ten list according to the Ease of Doing Business ranking and Global Competitiveness Index.
- Skilled workforce. America is home to some of the best universities across the globe, and young talents graduate from them on an annual basis. You will have a wide choice of highly-qualified specialists looking for a job, so personnel recruitment will never be a problem.
- High business spirit. If you are looking for a community to draw business inspiration from, the United States is the right place for that. The nation of entrepreneurs has its special spirit that works magic: 70% of the world’s top investors and businessmen were nurtured in America.
- Pro-business conditions for small companies. The USA is a country where small businesses enjoy special support from government authorities. It was especially evident during the pandemic when small companies were given counseling, grants, and all resources required to stay afloat (up to tax-free periods).
- Reasonable tax rates. Taxation in the US is not very easy to understand, and you will need a tax advisor’s support to be aware of all the intricacies. The average tax rate is 19.8%, but exact figures may differ from state to state. Book a one-on-one session with our specialist to find out the rates in your particular situation.
Choosing a state where you want to start your business may be hard. However, we help for free in such cases: book a session where an expert will analyze your case and advise on the best location.
Buying a Ready-To-Operate Business: Benefits
If you have a great business idea that you would like to implement, buying a successfully running business may not be very interesting for you. However, acquiring a business that has already been functioning for some time could be a good business solution in some cases, and here are its advantages:
- You will start receiving profit virtually on the next day after you acquire the business
- An existing business usually has stable suppliers, so you will not have to spend time looking for them or establishing relations with them
- A company usually comes with employees, so you will not have to bother about staff recruitment – at least at the start
- You may need some equipment to get your business going, and the good news is that it is already there!
- Opening a corporate account requires additional effort, but you usually buy a business that has a fully-operational bank account
- Your new business has been working for some time, which means that it has a customer base you can initially rely upon
- If your business is based in a low-tax state, you will be able to take advantage of investor benefits.
If the list sounds impressive but you still have some doubts, please get in touch with our experts who will help you make an informed decision.
Managing Your US Business
If you are a foreigner that buys a business in the USA, you have two ways of managing it:
- You can run your business and make all key decisions remotely. However, it will require you to have a management team in the USA that will handle all the work that can only be done on-site.
- You may decide to manage your business on-site. However, this does not come without certain challenges as you will have to get an appropriate visa enabling you to stay in the country. Possession of a company in the United States does not automatically give you the right to obtain a work permit (and a visa), so you will have to jump through a number of administrative hoops.
If you want to find out which visas are available to a foreign investor or business owner, please click on the above link to read a more detailed article that discusses the peculiarities of each visa.
Restrictions
There are kinds of businesses that cannot be owned by foreigners:
- Banking institutions
- Radio (TV) broadcasting
- Aviation production
- Sea transportation
- Fishing
- Insurance services
- Defense industry
- Mineral resources and their production
- Supply and distribution of gas and electricity
- Farmland use
In addition, there are activities that will require licenses or permits, and each state may have different regulations in this regard.
Conclusion
Do you want to have your share of the American Dream? Make your first step today. If you are not prepared to study tons of information to be sure you know all the intricacies, simply get in touch with our experts by following the above link. We will help you make an informed decision that you will never regret. Buying a company in America is the easiest way to penetrate the local market and start doing real business right away, so grab the opportunity!