Planning a Startup in the USA

If you have an exciting business project and are ready to launch a startup, there is probably no better place to register and launch it than the United States. A stable political system, the world’s most developed economy, centuries-old corporate law traditions, and independent courts – all contribute to the development of any business in the best possible way.

Notably, America has a well-developed system for selecting and financing promising projects, i. e. those with a good chance of becoming successful and making a profit. Therefore, you need to realistically assess your business project, as well as the ability of your team to develop it in a competitive US venture capital market.

Choosing the Location of Your Startup Company

New York City is one of the world’s major financial centers. This gives a lot of logistical advantages: it is easier to organize personal meetings with potential investors and large economic structures, recruit employees, open bank accounts, etc. In addition, an hour’s drive from the center, New York has three major international airports, from which it is convenient to make international flights (cheaper tickets and fewer transfers than from many other places).

Obtaining a Tax ID Number and Opening a US Bank Account

Once you have decided to register a company in the United States , you will need to obtain a tax number, here called an Employer Identification Number (EIN). Without this number, you can neither open a bank account nor hire hired employees. Of course, this will not be a problem if you are a US citizen or have a residence permit in America (green card).

However, getting an EIN will not be easy if you don’t live in America permanently. It will be even harder to open a US bank account for a company. And here, we can help , even if you do not live in the USA and do not have an address here. We will help you navigate the many New York banks to increase your chances of opening a company account. We will also assist in collecting and correctly preparing the necessary documents for this and will negotiate with representatives of banks on your behalf.

Startup Business Plan

A startup business plan is critical in planning your business in America. It is needed not only to develop a sequence of steps, stages of growth, and profitability of the project but also to get external investment. Therefore, a startup business plan should be developed with the help of experienced professionals who help you avoid costly mistakes. We will help you find qualified specialists in New York who either prepare a startup business plan for you or advise you step by step as it is ready.

Launching a Startup in New York and Starting a Business

If you have a large-scale project and you chose New York as the place to organize and launch it, then this is most likely the right choice. On the other hand, your startup does not need to be a “unicorn” , i.e., a company with a capitalization greater than billion US dollars. New York has a place for medium and even small businesses. Moreover, New York State authorities actively support small businesses by offering grants and tax incentives .

So a startup in New York has many advantages at any level. Moreover, even if you have a small business, it is always better to develop it where there is support from local authorities, access to investment capital, and other logistical advantages.

Financing Your Startup in New York

Investing in a startup in New York depends, on the one hand, on how responsibly you and your team treated all the preparatory stages before financing a startup, and on the other hand, on how actively you communicate with various venture capitalists and other investors. In this sense, New York also has a significant advantage of being home to America’s most prominent investment corporations and other startup finance specialists and consultants.

Being in New York, you can attend all kinds of official and unofficial events related to the opportunity to invest certain funds in a new business project. From a logistical point of view, it is easier to develop personal connections in New York than anywhere else. Manhattan’s business life is unparalleled. And this has a significant influence on investments in startups. Some media even have special sections dedicated to which startups received how much investments in New York.

Strategic Consulting and Legal Support of the project

Your startup in New York or another US state will have better chances if you have experienced consultants in strategic planning and legal support for startups in America by your side. We can study your startup project in detail, and based on our experience, we can offer you recommendations on how to open a startup in the USA , and develop it, including funding and other issues. Contact us to learn more about what we can do to make your New York startup successful.