
The company is the easy part. The EIN and the bank are the project.
Nevada, Texas and Wyoming charge no state income tax. That is a fact about one line of the bill and not about the rest of it - federal tax follows the owner and the entity, and the state where you actually do business can reach you whatever the certificate of formation says. We choose against where you operate, where you bank and where you are resident, and we say so before you pay when the right answer is a company somewhere else entirely.
Updated
All nine - this is the whole category, not a shortlist









A filed company with no tax number and no bank account is not a business
The state gives you a certificate in one to three days and then everything stops. The two things that make the company usable are not issued by the state, and neither of them is quick when the owner is a non-resident.
The cases where a North American company is the right answer
Most of them are ordinary. The company follows a real operation, a real investor or a real counterparty, and when it does, none of the questions above are hard.
What we do, and what you get at the end
Incorporation is the easy part. The work is choosing correctly, satisfying the registrar and getting a bank account opened afterwards.
Several of these jurisdictions now require annual filings and substance reports that did not exist five years ago. We keep them filed.
| What | Typical time | What you receive |
|---|---|---|
| Name approval | Same day to 3 days | Reserved company name |
| Incorporation | 1 day to 8 weeks | Certificate, charter, register of members |
| Corporate documents | With incorporation | Resolutions, share certificates, POA |
| Apostille set | 3-10 business days | Legalised documents for the bank |
| Tax and social registration | 1-3 weeks | Tax number, VAT where applicable |
| Bank account | 2-8 weeks | IBAN and access to the account |
The bank is the slow step everywhere, and it is the one that decides whether the structure was worth building. We start it in parallel, not after.
All nine, with the filing time and the rate that actually applies
The tax column is not one measure. For the US states it is the state line only; federal tax is a separate bill charged on the same profit under different rules. Read it with the panel above in mind.
Delaware, Nevada, Texas and Wyoming file in one to three days, and so does the Alberta registry. California takes one to five. None of that includes the EIN.
Nevada, Texas and Wyoming charge none. Nevada picks up a Commerce Tax only past $4M of revenue and Texas a franchise tax only above $2.47M, but the federal layer sits on top of all three and does not move.
A Canadian LP shows 0% because it pays nothing itself. The partners are taxed where they live. A Delaware or Wyoming LLC is the same shape by default.
California 8.84% with an $800 minimum, Mexico 30% plus a 10% employee profit share, Alberta 23% combined. Bermuda charges no income tax at all, and 15% only on groups above €750M.
| Jurisdiction | Legal form | Time to set up | Corporate tax | Remote |
|---|---|---|---|---|
| Bermuda IslandsMore details → | Exempted company | 1-2 weeks - BMA-vetted | None · 15% for €750M+ groups | - |
| CanadaMore details → | LP · Limited Partnership (Ontario) | 2-5 business days | 0% - transparent entity | Yes - fully online |
| CaliforniaMore details → | LLC / Corp · often DE + CA qualification | 1-5 days · EIN 2-8 weeks | 8.84% · LLC min $800/yr | Yes - fully |
| DelawareMore details → | LLC / C-Corp | 1-3 days · EIN 2-8 weeks | C-Corp 21% · LLC pass-through | Yes - fully |
| MexicoMore details → | SA de CV / S. de RL | 2-4 weeks + RFC | 30% + PTU 10% | Mostly - RFC needs care |
| NevadaMore details → | LLC / Corp | 1-3 days · EIN 2-8 weeks | None | Yes - fully |
| TexasMore details → | LLC / Corp | 1-3 days · EIN 2-8 weeks | None - personal or corporate | Yes - fully |
| WyomingMore details → | LLC / Corp | 1-3 days · EIN 2-8 weeks | None | Yes - fully |
| AlbertaMore details → | Corporation / Alberta LP | 1-3 days | 23% - 8% AB + 15% federal | Yes - by POA |
No line here is a recommendation on its own. Where you actually do business decides more than the state on the certificate, and the bank decides more than either.
What the registry, the tax authority and the bank each want
The registry's list is short and takes days. The other two lists are the ones that take weeks, and nobody mentions them when they quote you for a formation.
Seventeen offices, our own people






Five stages from first call to a working account
Where you live, where you work, where you will bank and what the company will do. Out of that comes a jurisdiction, a legal form and a written reason. Free.
Certified passports, proof of address, the activity description and a name the registrar will accept. Translations and legalisation where they are required.
Filed by us or by our local partner. You receive the certificate, the constitutional documents and the registers.
Apostille where the bank needs it, then the account application. Started in parallel with the incorporation, not after it.
Registered agent, annual return, accounting and the substance filings. The part people forget until the company is struck off.
Why this is worth paying a lawyer for
Anyone can file an LLC online in an afternoon. What you are paying for is the EIN that actually arrives, the account that actually opens and the state you should have filed in.
The EIN application returned three weeks later over one wrong field, the bank that wanted one more document, the state that dissolved a company nobody was watching. None of it is new to us.
70+ banking relationships, and we know which of them will look at a foreign-owned US company with no US premises and which will not open the file at all.
If you sell into California from California, filing in Wyoming saves nothing and adds a second registration. You hear that before you pay, not at the first filing.
Whether your profit is effectively connected with a US trade or business, what is withheld at source, whether a treaty helps. That is an opinion on your circumstances, not a paragraph on a website.
Registered agent, annual reports, franchise tax and the Texas report that carries no fee but still has to be filed - from the same team that formed the company.
The people who will run your file
Leads Prifinance's corporate practice and oversees client engagements, with senior expertise in international company structuring and bank-account setup.
Corporate services and compliance: documents, legalisation, annual filings and the bank's questions.
Your day-to-day contact - coordinates incorporation, documents and the bank introduction, from the first call through to launch.
Active across our channels.
Four things about tax that change the answer
The rate in the table is one layer. Which layers reach you depends on the entity you chose and on where the income is actually earned.
Nevada, Texas and Wyoming charge no state income tax. That says nothing about the federal layer, which is charged on the same profit under its own rules and does not care which state you filed in.
An LLC files and its members are taxed. A C-Corp pays 21% federal itself, and the shareholders are taxed again when the money comes out. Choosing between them is a tax decision dressed up as a form on the state website.
Profit connected with a US trade or business is taxed and filed in the United States. US-source income that is not connected is handled by withholding at source instead. Which of the two you are in turns on where the work is done, by whom, and what you sell.
A doing-business nexus in the state you actually operate in overrides the state you chose. California starts asking at roughly $700k of California sales, and then you register there and pay there as well.
Founders who wanted it done right.
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”

“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”

“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”

“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”

“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”

“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”

What people ask before choosing a state
Which of these is fastest?+
Delaware, Nevada, Texas and Wyoming file in one to three days, and Alberta the same. California is one to five days and an Ontario LP two to five business days. For any US company the EIN then adds 2-8 weeks on top.
How long does the EIN really take?+
2-8 weeks when there is no SSN or ITIN behind the application. It cannot be applied for until the company exists, and nothing downstream - bank, payroll, payment processor - moves before it arrives. Anyone promising it in days is guessing.
Can I open the US bank account without flying over?+
Sometimes, and not reliably. A non-resident owner with no US address, no US staff and no US customers is a hard file for most US banks, and several still want the signatory in person. We tell you which banks are realistic for your business before you form anything, because the answer sometimes changes the plan.
Which state should I choose?+
Mostly on cost, on privacy and on where you actually do business. Wyoming is the cheapest to keep at $60 a year with no public member register; Delaware costs a flat $300 and is what investors expect; Nevada is dearer and puts officers on a public list; Texas charges no annual report fee. If you operate in one state and file in another, expect to register in both.
Does "no state income tax" mean I pay no tax?+
No. It means one line of the bill is zero. Federal tax follows the owner and the entity type, and the state where you actually do business can tax you regardless of where you filed - California's test starts at roughly $700k of California sales.
Will my US LLC owe US federal tax?+
It depends on whether the profit is effectively connected with a US trade or business, and on whether any of the income is US-source and subject to withholding. A Delaware LLC owned by a non-resident with no US-source business can legitimately owe nothing; the same company with US staff or US-performed work usually cannot. This is advice that has to be given on your facts, and we give it in writing.
Is a Canadian LP a tax-free company?+
It is a transparent one, which is not the same thing. The LP pays nothing in Canada when the partners are non-resident and there is no Canadian-source income, but the profit is taxed in the partners' own countries. If that is a good outcome for you, it depends entirely on where you are resident. An Alberta corporation is the opposite - a Canadian tax resident taxed on worldwide income at 23% combined.
What does Mexico actually involve?+
Two to four weeks and then the RFC, which is the real bottleneck - the company cannot invoice without it and the SAT sets that timeline. Tax is 30% with a mandatory 10% employee profit share on top and IVA at 16%, or 8% in the border zone. It is an operating market with an operating market's obligations, not a formation product.
Why is Bermuda different from everything else here?+
Because you are vetted before you are registered. An exempted company takes one to two weeks through the Bermuda Monetary Authority, it is not a remote sign-up, and substance is required for relevant activities. There is no income tax and the 15% reaches only groups above €750M. It is the premium shelf and it is priced that way - the right answer for reinsurance, cat bonds and funds, and the wrong answer for a small trading company.
What do I pay every year, and what happens if I forget?+
Small amounts: from $60 in Wyoming, $300 flat for a Delaware LLC, about $350 or $650 in Nevada, no annual report fee in Texas, an $800 minimum in California even in a loss year. Forgetting is common precisely because the sums are small, and an administratively dissolved company costs many times the missed fee to revive, assuming the bank stays with you while you do it.
Tell us where you actually do business
Where your customers are, where you are resident, whether you will have US staff and which bank you expect to use. You get a written recommendation with a jurisdiction, a legal form, a first-year and an annual cost and the reasoning - free of charge.








