When considering establishing a US entity, it is essential to understand what type of entity best suits your personal and business plans. This includes considering how your business wishes to be treated for tax. The follow videos provide a high level summary on the key differences between an LLC and a Corporation.

Effective June 1, 2026, you will be required to include a copy of the portion of the partnership or LLC agreement displaying the partnership’s name, employer identification number (EIN), and applicant’s name and signature.

When you first setup your US Limited Liability Company, you will need to determine how you want it to be set up for ownership tax purposes.

To open a business bank account in the US, you must have your entity formation documents, operating agreement, and EIN ready....