What do I have to do after I form my company?
You need to have a tax number (EIN) which is an employer identification number. It is a nine-digit number the IRS assigns to business for tax filing and reporting purposes. Having an EIN is compulsory and to understand the reason for obligation, EIN can be seen as an identification number of the companies.
Also after forming a company, you will have the responsibility of State Franchise Tax which costs 300 USD annually. You can find detailed information on those requirements in part called “What should I do yearly after I form my company?” on our website.
Optionally, you might need to open a bank account. For the bank account opening process, briefly, you will need to have four requirements listed below.
1-) The authorized certificate of incorporation (or the operating agreement for the LLCs)
2-) Federal tax ID number (a.k.a. EIN)
3-) Physical Address in the US ( to deliver your monthly statements and bank letters.)
4-) A valid ID of the company owners or members.
To have more detailed info on the opening of the bank account, you can find more precise writings on our website.