Articles on: U.S. Incorporation

What are the tax implications of setting up a business in the U.S.?

The tax implications depend on the type of business entity you set up. Corporations are subject to corporate income tax, while LLCs, partnerships, and sole proprietorships are considered "pass-through" entities for tax purposes, meaning the business income is reported on the owners' personal tax returns.

Updated on: 15/05/2024

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