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How To Open A Business In The US

Ugur Yurok
Ugur Yurok
Co-Founder, The Itin
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NachoTuesday Webinar, Tuesday
January 07, 2025

Webinar summary

In this webinar, they discuss the importance of obtaining an ITIN (Individual Taxpayer Identification Number) for non-U.S. residents looking to start a business in the U.S. Many entrepreneurs overlook this crucial step and end up facing challenges when applying for platforms like PayPal, Shopify, or TikTok Shop. Without an ITIN, individuals may face rejection, get flagged, or experience delays in setting up their accounts. By securing an ITIN upfront, business owners can avoid these issues and ensure a smoother process when applying for these essential services. The process of business formation typically takes about a week, depending on location, with New Mexico taking as little as 2-3 days. Once the business is established, obtaining an EIN (Employer Identification Number) takes about 25-30 days. If applying for an ITIN, it may take an additional 6-8 weeks. Overall, entrepreneurs should be prepared for at least three months to fully set up their business and begin operations. Unlike other business incorporators, our service goes beyond just setting up the company. We provide hands-on guidance, helping clients set up payment providers and selling platforms like Amazon and Stripe. Our dedicated team offers personalized support, ensuring that clients are well-prepared to apply to these platforms and meet their business needs. For those interested in ITIN services, we partner with Nacho Nacho, offering exclusive discounts and software savings. By starting the process early, entrepreneurs can begin earning from the U.S. market sooner. For further assistance, clients can access 24/7 live chat support, where our team will answer any questions and guide them through the entire setup process.
See full video transcript

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