We provide guidance and assistance and help you with the process of setting up a subsidiary in the U.S.

Checklist for setting up a subsidiary in the U.S.

Step 1: Register your Company

Register a business name ("Doing Business As") with the county recording office

Contact the secretary of state's office to register your subsidiary company as a limited liability company or corporation. Complete all paperwork and pay the appropriate filing fees

Step 1: Register your Company

Register your business name with the state that you choose

Decide a state in which to register as each state has different ways to tax business so it’s a good idea to determine best state for you based on revenue projections and business model

Step 2: Employer Identification Number

Apply for an Employer Identification Number through the Internal Revenue Service.

Use this number on all subsidiary business documentation, such as tax returns, business banking and invoicing.

EIN

Step 3: Location for your business

Look for a business location that suits your needs

Secure a lease for an appropriate time frame

Step 4: Local Regulations/Compliances

Register for state and local taxes and obtain business licenses and permits

Transfer all subsidiary stock to your business so you can maintain control of the subsidiary

Step 4: Local Regulations/Compliances

Transfer all invoices, outstanding payments and tax records relating to the subsidiary to a new bookkeeping system

Create separate balance sheets, income statements, sales sheets and budget reports for your parent company and subsidiary to maintain income separation for tax purposes and so you can better monitor the performance of each entity

About OATS

Offshore Accounting & Taxation Services (OATS) offers customer-centric Finance & Accounts outsourcing solutions.

Combining years of experience, cross-domain expertise and leveraging technology, OATS delivers cutting edge solutions to make ‘simplified accounting’ a reality

Finance & Accounts Outsourcing

Accounts Payable

Tax Compliance

Subsidiary Accounting

Financial Consolidation

Bank Reconciliation

About OATS

With the right investments in technology tools, a capable team and a strong network comprising of Chartered Accountants, Cost Accountants, MBA Finance, company secretaries, OATS provides unique value to its customers.

OATS is entirely committed to deliver a superior customer service experience and help you focus on you core business

Contact us

OFFSHORE ACCOUNTING AND TAXATION SERVICES PRIVATE LIMITED

Sujam, Survey No. 81/5B

Plot No. 1, Chandragupta Housing Society,

Behind Maharaja Complex

Paud Road, Kothrud

Pune – 411038. INDIA.