Brenda C. asked

⚖️  Law

I am a Hong Kong citizen with both Hong Kong and Canadian passports, looking to open a US corporation and US bank accounts for my ecommerce business. Which state is best for incorporation, considering factors like annual franchise tax, renewal tax, and non-resident taxation? Additionally, which banks can my lawyer authorize to open a corporate bank account for me in the US, and can a lawyer from another state help me with this process? Also, how can I open a merchant account and obtain a corporate Visa or Mastercard, and do I need to pay US taxes if I generate revenue from online platforms like Amazon.com or iTunes store?

July 22nd, 2024

Cynthia V. answered

For incorporating a US corporation, Nevada is often recommended due to its low startup costs, anonym...

July 22nd, 2024

Sign Up to View Full Expert Answers

Create an account to view answers and interact with the community!