US Company Formation: Delaware, Wyoming, EIN and Banking

The US gives you the world's deepest venture capital market, dollar-denominated contracts, and more than 340 million consumers — at a 21% federal corporate rate. Nevada and Wyoming have no state corporate income tax, and Delaware's 8.7% corporate income tax applies only to income apportioned to Delaware. The gap is real. INNOVA CG works with non-resident founders end to end: incorporation, EIN, banking, and FinCEN compliance.

A Delaware LLC forms in 1–2 business days: a $110 state filing fee plus a registered agent at $100–$300/year, and no US-citizen director, manager, or shareholder is required. The Delaware C-Corp is the structure for venture capital. After formation you need an EIN (Employer Identification Number) from the IRS; without an SSN or ITIN the application goes by phone, fax (about 4 business days) or mail (about 4 weeks). We take that tail off your plate.

Annually: Delaware's annual tax — $400 for an LLC (raised from $300 for tax year 2026; the first $400 payment is due 1 June 2027) and franchise tax from $175 for a C-Corp (by authorized shares or assumed par value, capped at $200,000, or $250,000 for Large Corporate Filers) — plus federal and state returns. Then comes the turn. Under FinCEN's interim final rule of March 26, 2025, made permanent by the final rule in force since August 14, 2026, US-formed companies are exempt from Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act; the obligation now falls only on foreign-formed entities registered to do business in a US state (a $500/day penalty applies).

No. A registered agent with a physical address in the state of formation is enough — no operating office needed. Agents in Delaware, Nevada, and Wyoming run $100–$300/year. But banks and payment processors often want a US address for correspondence: a virtual office or coworking address in New York or San Francisco clears most banking KYC requirements.

A Delaware LLC means pass-through taxation (profits taxed at member level, not entity level), flexible governance through an Operating Agreement, and minimal formalities. A Delaware C-Corp issues stock, supports employee stock option plans (ESOPs), and is the standard for US venture capital funds. A C-Corp carries 21% federal corporate tax plus potential dividend withholding. Venture almost always goes into a C-Corp; LLCs suit services, consulting, and businesses without outside investment.