The number of Hispanic people running a business in USA is constantly increasing. Maybe that’s why you have decided to join the club. However, the road isn’t easy. There are a lot of requirements and variations from one state to another that you so take into consideration to do it right, and all this information can be a bit overwhelming.
Let’s have a look at the main aspects that you should cover when thinking about running a business in USA for the first time.
- Visa requirements
Firstly, you should find out if your origin country is one of the countries that the US has a treaty with. One of the requirements to get this type of visa is to invest a substantial amount of money in running a business in USA, which may vary depending on the business.
On of the benefits of this visa is that can be constantly renewed and your spouse would be also eligible to apply for a visa. The drawback here is that this VISA won’t make you eligible to apply for a green card.
- Chose a business structure and name
If you want to register your business, the first thing you’ll be asked for is the business structure that you have chosen for your business. This will define the path that you must follow for running a business in USA.
You should have a look at the different types of business structures to get off to a good start.
- Legal requirements for running a business in USA
Once that you have your visa ready for running a business in USA, you’ll have to cover every legal requirement necessary in the state where you wan to set your business. It is advisable to hire a lawyer that can assess you during this process.
Some of the aspects that you should pay attention to are:
- The business permits required in the state where you want to register your business.
- Your Federal Employer ID Number to fill your taxes.
Have you got more doubts? I recommend you to go to your state government website, where you’ll find more specific information about the steps to follow for running a business in USA.