Canadian Entrepreneurs How to Run a US Business

The most crucial requirement—which may provide challenges for Canadian business owners—is to have a registered agent. A registered agent is a duly authorized individual or entity assigned to receive significant legal, regulatory, and official papers on behalf of a firm. A registered agent is required for the incorporation of either an LLC or a C-corp. They need to have an address in the state in which they were incorporated and be approachable at that address during business hours. If you need a registered agent, you may easily get one with Firstbase Agent in any US state. You will also receive automatic notifications if your business operates in a state where a compliance deadline is approaching.

Structure of organizations



A legal structure for your business, such as an LLC or C-corp, must also be chosen. It may be a painful and drawn-out process, especially for those who are unfamiliar with the American legal system.

Which options are available to you? It basically comes down to two options for incorporation:
Decide to do it yourself. Ask someone else to help you. While you might theoretically manage this on your own, the complexity of the incorporation process can quickly become overwhelming. By following Firstbase's comprehensive instructions, you can save time and prevent errors and missions. We offer self-service tax forms, accounting, virtual mailboxes, and EIN registration to make your life easier.

Eight simple steps to take are This is the simple eight-step incorporation process that we have assisted thousands of US businesses with. Register as an agent first. Having a registered agent is a must before fully starting your business. This is so that the state entity, which requires a physical US address, may send official correspondence and legal paperwork.

A registered agent is also necessary since they get your legal paperwork and critical business alerts, ensuring that none are missed or misplaced. To determine which is better for your business, take our comparison quiz between LLCs and C-corps.

Select the state that will be included in



Every state offers unique benefits, rules, and tax breaks. Delaware is known for having complicated corporate statutes, while Wyoming is a haven for LLCs.
Federally incorporated companies in Canada

Find out what paperwork is required for registration in the US state of your choice. There are variances from state to state, but generally speaking, you'll need a certified copy of your formation instrument and a Certificate of Compliance or a Certificate of Good Standing. All that separates these two novels is their Canadian names. They serve the same purpose when submitting an application to incorporate in the US.

Write a letter to Corporations Canada specifying the type of certificate you are seeking. Include your company's name and phone number, the applicant's name and contact details, and the intended recipient of the document. Ensure that you cover all relevant fees.

Canadian businesses that are provincially incorporated
If your Canadian company was incorporated at the provincial level, you will need to get the necessary documentation from the province where your business is registered. In certain jurisdictions, the Certificate of Compliance may also be referred to as a Certificate of Status or Good Standing.

The initial step in this procedure is often to request a certified copy of your articles of incorporation or a Certificate of Status/Good Standing, but this varies from province to province.

Submit an application for incorporation to the relevant state authority
You can now formally register your company with the relevant state agency. To do this, you must incorporate your company in order to make it a legitimate corporation. Here, your choice of business structure (such as LLC or C-corp) and state of incorporation will have a significant impact on the specifics of your file.

Typically, you'll fill out forms and supply information like


suggested company name Principal office location Name, address, and registered agent information An explanation of your company's goals Details on the shares of your company (for corporations) Recall that laws and practices vary from state to state. Getting an Employer Identification Number (EIN) is the sixth step.
Next, you must get an EIN from the IRS (Internal Revenue Service). To create a US bank account, you will need an EIN; also, your firm cannot pay taxes until it is registered with the IRS. (Firstbase acquires the EIN for you.) A detailed explanation of this procedure can be found in our post on how to get your EIN.

Create a bank account in the US

A US bank account is required in order to conduct business in the US. You are able to open a bank account once you have your EIN. Firstbase is associated with a number of US banks that focus on startups, including Mercury.

Submit compliance reports
In conclusion, in order to keep your business in good standing, you need to file an annual report in Delaware each year. March 1st is the deadline for reporting. Firstbase offers resources to help you stay compliant with these filing obligations.

In summary

It may appear difficult to incorporate a US company from Canada, but Firstbase makes the process simpler. Profit from our efficient procedure and our team of financial and legal specialists. We provide peace of mind throughout the incorporation process. Your company will get a big boost in performance if you incorporate with Firstbase.

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