This high reputation is an asset to businesses operating globally

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American businesses are respected on the world stage. Branding is vital when operating a business and the American economic brand is strong. Affordable setup and maintenance According to the World Bank’s 2020 report, the U.S. ranks sixth in “Ease of Doing Business.” The country has earned this ranking by providing low setup fees and convenient remote processes. Individual setup fees depend on the state in which the business starts.


For example, the cheapest foreign LLC registration in the list of jordan cell phone numbers U.S. is in Hawaii, Michigan and Missouri for as low as $50 while the most expensive is in Texas or South Dakota for $750. Even the most expensive state is considerably cheaper than other countries ― especially when you consider the unwritten costs attached to operating a business in some places. Dissolving a business is also affordable in the U.S. Most states don’t require a fee to dissolve a business entity.


Maintaining a business in the U.S. is also stress-free as it can be 100% foreign-owned and only requires annual reporting fees to maintain. There’s no need for an annual CPA audit or a nominee director within the country. Ultimately, creating a business in the U.S. has a lot of benefits with fairly minimal downsides. The country offers many resources for foreign investors and entrepreneurs while maintaining a business-friendly environment. Did you find this content helpful? author image Written by: Jennifer Dublino, Senior Writer Updated May 20, 2024 Editor Verified: Chad Brooks, Managing Editor Business.