LLC stands for Limited Liability Company. This business model combines some advantages of corporate structure with elements of tax partnership. By creating an LLC in the United States, you can partially protect your natural person from potential financial issues or lawsuits against your legal entity.
The C Corp is a more traditional company model that follows some specific rules. A C Corp adopts bylaws, holds frequent meetings among shareholders, fills annual reports, and issues shares. In addition, it is subject to state and federal taxes.
To make this decision, which state to start your business in the US, you need to make an assessment based on your preferences and particularities of the company. For example, Florida is a state chosen by many Latinos, because in addition to not requiring the payment of the State Income Tax for individuals, it is a friendly state.
Yes, the only type of company we do not provide our services to is DAOs (Decentralized Autonomous Organizations). We focus on e-commerce, D2C brands, online sales of physical products, startups, SaaS, technology service providers, marketing, freelancers, online services, and digital products.
Globalfy is not able to open bank accounts or provide business services to residents from Afghanistan, Belarus, Burundi, Cuba, the Central African Republic, Congo, the Democratic Republic of the Congo, Iran, Iraq, Lebanon, Liberia, Libya, Nepal, Nicaragua, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, United Arab Emirates, Yemen, or Zimbabwe.
We accept Mastercard, Visa, American Express and Diners credit and debit cards. Cards from outside the US must be able to do international transactions. If you’d like to pay by PayPal or wire transfer, please, get in touch with us.
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The information offered on this site may not be considered legal advice, but information in the public domain.
Globalfy is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank N.A; Member FDIC. The Globalfy Visa® Debit Card is issued by Blue Ridge Bank N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Your funds are insured up to $250,000 through Blue Ridge Bank, N.A.; Member FDIC.