Company registration in North America

Country of incorporation Registration fee
On request
Bermuda Islands
8900 USD
1200 USD
800 USD
800 USD
1200 USD
4800 USD
1400 USD
1500 USD
600 USD


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North America is a highly developed region with many business opportunities in the industry, trade, finance, and other sectors. The most promising countries in terms of doing business are the United States and Canada.

The region's advantages

Opening companies in North America is beneficial because of the following region's advantages:

  • stable political and economic environment
  • high level of business culture
  • high-level infrastructure
  • many opportunities for business development and growth
  • simple procedure for setting up legal entities
  • availability of tax incentives and special programs in specific industries

Business forms

If you plan to buy a business in North America or start a new one, you can do it in one of the forms:

  • A limited liability company is a corporate structure that protects its investors from personal responsibility for its debts or liabilities. Participants cannot freely dispose of their shares, and the relevant restrictions are fixed in the founding documents.
  • A corporation is a form of business that requires compliance with strict legal requirements regarding registration, share capital, and maintenance of operations. A company is created to raise external financing, and shares may be freely disposed of and offered to third parties.
  • A branch is an option acceptable for a foreign legal entity through which it can carry out the same business activities as in the country of primary registration.
  • A representative office is an option for a foreign legal entity, which does not imply conducting business. Still, it allows for activities aimed at promoting services or goods of a foreign company, as well as conducting analysis of local markets. In this case, registration is required.

Specific forms of entrepreneurship, as well as their peculiarities, widely vary. Prifinance lawyers will be glad to advise more on the issue after choosing a particular option for forming or buying a legal entity.

Registration procedure

You can register a company in North America by going through several steps:

  1. Determine business goals and the appropriate staff for implementation (foreign investors are often chosen in favor of Delaware).
  2. Choose the appropriate legal form for the business objectives.
  3. Collect data on the founders, beneficiaries, and managers.
  4. Draw up and execute incorporation documents.
  5. Select a legal address.
  6. Set up share capital.
  7. Fill out registration forms, pay fees and generate a final package of documents to submit for registration.
  8. Submit the documents to the registrar for review.
  9. Receive confirmation of registration.
  10. Register the business for employment and tax purposes.
  11. Open a corporate bank account.
  12. Obtain additional licenses and permits for regulated activities.

This is a list of the approximate steps you need to take to start a company in North America. The specific registration plan varies depending on the country or state. Prifinance lawyers will be happy to advise you further on the matter by developing specific solutions for your business needs.

Legislation and regulatory environment

The region's legislation is primarily based on common law (U.S., Canada). It can be characterized as transparent - requirements of laws are unambiguous for application in most cases. The activity of state authorities is also aimed at creating favorable conditions for doing business with a minimum level of bureaucratic formalities to be fulfilled.

The legislation of each country has nuances that must be considered when starting a business in a particular jurisdiction. Some operations, such as banking and financial operations, require licenses. The specific list of activities subject to licensing varies. Prifinance lawyers will advise more on the matter.

Tax aspects

Tax rates vary by jurisdiction. However, you will be required to pay the general types of taxes after company registration in North America.

  • corporation tax
  • capital gains tax
  • income tax
  • tax deducted at source  (dividends, interest, royalties)
  • a value-added tax (VAT)

How Prifinance lawyers can help

If you want to buy a company in North America or create a new one, the Prifinance lawyers will be happy to advise you in detail on which option is beneficial in your particular case. The lawyers will make a plan of action, prepare and execute the necessary documents, negotiate with local advisors and government agencies, and open a corporate bank account. The lawyers will also be happy to support the legal entity's operations in the future.

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
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 and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
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
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
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.
Anna AnnaAnna Anna
13:33 07 Feb 24
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 stress-free!
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 instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
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!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again