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While noncitizens can certainly start a business in the United States, it does come with its important steps and considerations. The following is a general overview of how to achieve it:

  1. Business Structure and Registration: A non-citizen may register an LLC, corporation, or partnership in the United States without necessarily being a U.S. citizen or resident. You will have to choose a business-friendly state, most often Delaware or Nevada, with laws providing more simplified processes and incentives for foreign entrepreneurs.
  2. Employer Identification Number: Once you have incorporated, you will need to get an EIN from the IRS. It's essentially like a Social Security number for businesses. You will be required to include the number in your tax filings and when you're hiring employees. It is quite easy to go through the process as a foreign national, even without having a Social Security Number or an ITIN.
  3. Banking and Finances: Most US banks allow non-citizens to create business bank accounts, but you might need to provide extra paperwork. A few may require that you have a US-based address for that bank, in which case you would need to be prepared to get a physical or virtual office address.
  4. Visas and Physical Presence: While you can own and operate a business in the U.S. as a non-citizen, working in the U.S.-that is, conducting day-to-day operations-may require a very specific visa, such as the E-2 Treaty Investor Visa, the L-1 Visa, or the EB-5 Immigrant Investor Visa. Each has its own requirements, so working with an immigration attorney will go a long way in determining which visa best fits your needs.
  5. Taxes and Compliance: As foreign owner you have obligations for U.S. income taxes on the business income. All U.S. companies are subject to taxation at the federal as well as state level. It is advisable that any foreign-owned business with operations within the United States employ the services of a qualified tax consultant specializing in foreign-owned businesses.

Read more: How to set up a business in the USA

The United States offers non-citizens a highly conducive atmosphere for business, in view of favorable policies for investment, large and huge market access, as well as international influence. Every step might have minor variations in regards to the type of business structuring and the industry it falls under; hence, researching state requirements and seeking professional assistance can help ensure a smooth setup.

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