Company registration in Washington

In recent years, the interest of foreign entrepreneurs in this state has increased significantly, thanks to a fairly favorable business climate. Many seek to register a company in Washington or to open an account with a US bank. Read on what benefits this solution promises and how to register a company in Washington remotely.

Washington is the 42nd state, a part of the United States. It is located in the northwestern part of the country off the Pacific coast. It borders Oregon and Idaho, as well as the Canadian province of British Columbia.

The most developed areas of the economy are an automotive, the aviation industry, a trade, an agriculture, a food industry, the electricity, a woodworking industry.

The state capital is Olympia. Largest cities are Seattle, Tacoma, Spokane, Vancouver. Washington's official nickname is “Evergreen State.”

Business pluses

An annual study of the Doing Business financial magazine showed, that in 2019 the United States took the following positions: 37th in terms of simplicity of the tax system, 16th in terms of enforcing contract terms and 3rd in resolving insolvency.

In addition, those, who wish to establish a company in Washington, expect the following advantages:

If you are interested in registering a firm in the United States, we recommend paying special attention to the following business niches: a biotechnology, IT, a medicine, a trade, a light industry.

Choosing a company form and registration conditions

Among the key legal forms of the United States (corporations, partnerships, a private entrepreneurship) the most attractive for foreign businessmen is a Limited Liability Company.

If you intend to open a company in Washington, then first familiarize yourself with the following requirements of the Regulator:

Company registration procedure

To set up a company in Washington usually takes from 21 days and the procedure is as follows:

Features of state taxation

Washington is one of 4 states in which there is no corporate tax, as well as an income tax on individuals. Instead, a company gross income tax is levied at a rate of 6%.

If you intend to open a company in Washington, then pay attention to the fact, that in the case of doing business in America, the company will also be subject to a federal corporate tax at a rate of 21%.

How to start a business in the USA

If you decide to register a company in Washington remotely and want to do it as soon as possible, then YB Case specialists are ready to provide you with professional legal support. We will provide legal advice on the registration procedure, on opening a corporate account with US banks quickly, will provide legal support in obtaining a business license in Washington, and much more.