2333 San Ramon Valley Blvd., Suite 495, San Ramon, CA 94583
When starting a business in the United States it is important to understand federal and state business regulation. The United States follows a common law legal system where the federal constitution supersedes all other laws of the land. All states have their own respective laws, constitutions, and regional jurisdictions; this is conditional in that state regulations do not violate the federal constitution. It is beneficial to be well versed in the business laws of the respective states prior to investing.
Foreign investment in the United States is only restricted on investments in selected sectors including, but not limited to, defense contracting, banking, and mining. These sectors are typically reserved for United States citizens or entities. The most notable sectors for foreign direct investment (FDI) include wholesale trade, manufacturing, and real estate, accounting for hundreds of billions of U.S. dollars. Foreign employees and investors must obtain one of several visas that allow the individual to conduct business or seek employment in the United States. Once individuals become legal visa holder, they are permitted to work in the United States and will have to adapt the development of their business in accordance with their state’s legislature.
DELAWARE
Delaware has become well known for its business statutes which often attract foreign businesses searching for a state to launch their U.S. based venture. The procedure for creating a business in Delaware is efficient and simple, offering expedited processing of documents and electronic filing. To successfully start a business in Delaware, an entity must first file a Certificate of Incorporation with the Secretary of State of Delaware. A corporation in Delaware requires bylaws and meeting minutes of the board of directors – these do not have to be filed with the Secretary of State.
Other considerations when starting your Delaware based business:
CALIFORNIA
California is the one of the greatest recipients of FDI, along with New York and Texas, and offer foreign businesses a selection of forms, depending on the business structure, through the Secretary of State of California’s website (https://www.sos.ca.gov/business-programs/business-entities/forms). These forms must be filled out and filed with the Secretary of State of California and can be done so through the online filing service, by mail or in person, or through the new eForms Online Service.
In California, there are multiple steps to take to successfully start a business venture:
U.S. & STATE EMPLOYMENT LAW
Federal Employment Laws and Regulations
JAHANGIRI LAW GROUP specializes in business, corporate, commercial, and real estate litigation and transactional law. We are located in San Ramon, County of Contra Costa, California. We are open from 9:00 a.m. to 5 p.m., Monday to Friday. To make an appointment please call 925-574-0100.
The post FOREIGN BASED BUSINESS IN THE UNITED STATES appeared first on Jahangiri Law Group.
*This may be considered attorney marketing. Past results do not guarantee future success.*
(925) 307-7086
This website has been built to be accessible for all users. If you experience any difficulty in accessing this website, please contact us for assistance.