Register a company in Indiana

Yes. The Articles are filed online through INBiz, and Indiana does not require ID documents with filings - the Secretary of State can ask for identifying information later. The slower piece is federal: without an SSN or ITIN the IRS online EIN form is closed to you, so the application goes by fax, phone or mail. Fintech account applications go in online; a traditional bank is a route only where you already have a US footprint.

Formation starts from $2,400 all-in, including the Indiana filing fee ($100 on the paper Articles of Organization), the registered agent for the first year, the EIN and the operating agreement. With a fintech or bank account set up, from $4,400. After formation the state's recurring filing fee is the Business Entity Report every two years: $32 online or $50 on paper.

Federally, a C-Corp pays a flat 21%. An LLC passes its income through: a single-member LLC is disregarded, and a multi-member LLC is a partnership that withholds on its non-US members' share of effectively connected income - 37%, or 21% for corporate members. Indiana adds corporate income tax for C-Corps, a 2.95% individual rate for 2026 plus county tax, and 7% sales tax. How Indiana treats a non-resident owner's share, and the current corporate rate, we confirm for your case before you pick the entity.

The Secretary of State's review time is confirmed when we file; we don't quote a state turnaround we can't back with an official figure. Plan around the EIN instead. The IRS generally answers a faxed SS-4 within 4 business days, while a mailed one takes about 4 weeks. If you need to hold a name while you decide, a reservation lasts 120 days.

That is what the Company + Bank Account package is for. We choose between fintech and traditional banking for your file, prepare the applications for Mercury / Relay-class platforms, and set up ACH, wires and Stripe onboarding. A traditional bank is the route where you already have a US footprint. The final yes or no always belongs to the bank or platform.

No. FinCEN's final rule, in force since 14 August 2026, exempts companies formed in the US from beneficial ownership reporting, even when every owner is a non-US person. Indiana has no filing of its own: INBiz says this reporting is completed only with FinCEN, not with the Secretary of State. The companies that still report are those formed abroad that register to do business in a US state.

It applies if you, as a non-US person, own the whole LLC. The IRS then treats the LLC as a corporation for this one purpose: every year it files Form 5472 with a pro forma Form 1120, by fax or mail, because a foreign-owned disregarded entity cannot file it electronically. It is due with the 1120, generally by the 15th day of the 4th month after the tax year ends. Not filing costs $25,000. Our accounting and 5472 add-on starts from $800 a year.

The state sends a Past Due Notice, and an unfiled report ends in administrative dissolution. Getting the company back needs a tax clearance from the Department of Revenue, which takes 4 to 6 weeks, and you may lose the rights to the business name. The first report is due two years after formation, in the anniversary month - long enough to forget. Envelopes from private companies charging $125 and up for the same report are not state notices.

If you are raising venture money, a Delaware C-Corp is the usual default and we will say so in the triage. If the company will actually work in Indiana, forming here saves a second registration: an out-of-state company registering in Indiana files a Foreign Registration Statement ($125) with a certificate of existence issued within the last 60 days. For a holding or service LLC, Indiana's state upkeep is $32 online every two years.

An LLC suits most founders who run a service or trading business and take the profit out. A C-Corp suits a company that will raise equity or keep its profit in the business. A non-resident alien owner cannot use the S-Corp election, so those two are the real options. A C-Corp files Articles of Incorporation (State Form 4159, $100 on paper), which must state the number of authorised shares.