Provide a few details and we will handle all the complicated paperwork for you.
Start with an exceptional brand name, and choose your industry and entity type.
Identify the best state for your business needs. If you are confused, our team is here to help.
Complete the form with all the required information. We’ll handle the rest.
Simplify your US company formation. Establish your business as an LLC or C-Corp in any state.
Ensure smooth operations with a US business Employer Identification Number.
Open a personal US bank account, file taxes, and build your credit history.
Stay compliant with annual report filing and federal tax return filing on time.
Obtain your reseller certificate to collect sales tax and optimize profit margins.
Submit quarterly sales tax and stay compliant with state regulations.
| Offerings | Rocket Wave | Doola | Firstbase | Bizee | Zen Business |
|---|---|---|---|---|---|
| LLC Formation | $197+ State fees | $297+ State fees | $399+ State fees | $199+ State fees | $0+State fees (Only for US Residents) |
| EIN | |||||
| Operating Agreement | |||||
| Registered Agent Service for 1 year | |||||
| Mail forwarding service for 1 year | |||||
| BOI Report Filing | |||||
| Incorporation Timeline | 3 to 5 Days | 1-2 weeks | 3 to 4 Weeks | 3 Weeks | 2 to 3 Weeks |
There’s no single “best” state. It depends on your business needs and priorities. Some factors to consider include:
Several states have no state income tax, which can be advantageous for LLCs. Examples include Wyoming, Nevada, South Dakota, Texas etc.Â
However, keep in mind that other factors like filing fees and business regulations should also be considered when choosing a state for your LLC. Consult with Rocket Wave’s expert team to determine which state is best for you.Â
Yes, non-residents can open US business bank accounts for their LLCs. There are banks like Mercury, Relay, Airwallex, Truly Financials, etc. financial institutions that provide banking services to non-US residents.Â
If you want to open an account in a brick-and-mortar bank then you have to complete the KYC (Know Your Customer) physically by visiting the bank by taking the requirements upfront or get an introducer; a CPA or a firm who can introduce you to the banks for business services and virtual KYC
| Parameter | LLC | C-Corp | S-Corp |
|---|---|---|---|
| Formation | Simple to form, and require less paperwork | Require to hold annual meetings. Formal paperwork. | More complex, and requires filing articles of incorporation |
| Ownership | Members (can be individuals, companies, or other LLCs) | Shareholders (can be anyone) | Shareholders (restrictions apply: U.S. citizens/residents, certain trusts, limited number |
| Liability Protection | Protects owners' personal assets from business debts | Protects owners' personal assets from business debts | Protects owners' personal assets from business debts |
| Taxation | Pass-through entity: profits/losses pass through to owners' tax returns | Double taxation: A corporation pays taxes on profits, and then owners pay taxes on dividends | Pass-through entity (similar to LLC) if S-Corp election is made |
| Management | Managed by members or managers as designated in the operating agreement | Managed by a board of directors elected by shareholders | Managed by a board of directors elected by shareholders |
| Profit Sharing | Profits and losses can be shared flexibly among members | Profits distributed as dividends to shareholders | Profits are distributed as salaries (to S corporation shareholder-employees) and remaining profits are passed through to shareholders' tax returns |
| Formalities | Fewer formalities: less strict record-keeping and meeting requirements | More formalities: required to hold annual meetings, maintain minutes, and follow corporate governance procedures | More formalities than LLC, but less than C-Corp |
| Fundraising | Can raise capital through member contributions or debt financing | Can raise capital through issuing stock and debt financing | Can raise capital through issuing a limited class of stock (restrictions apply) |
