References

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Foreign Entity Registration and why you need it

Foreign Entity Registration and why you need it

What is a Foreign Qualification? The last step of incorporating and setting up a company is only relevant to companies which incorporate in states other than the state in which they are physically located or active. In this case, a company will need to file for foreign qualification, which means submitting a document to the state in which they are actually based asking for permission to do business in that state. In other words, if a company is based in […]

SHOULD I INCORPORATE IN DELAWARE OR ILLINOIS?

SHOULD I INCORPORATE IN DELAWARE OR ILLINOIS?

SHOULD I INCORPORATE IN DELAWARE OR ILLINOIS? Many businesses decide to incorporate in Delaware, but new businesses shouldn’t assume that Delaware’s popularity automatically makes it the best place to incorporate. If you’re launching a new Illinois-based business, you should thoroughly understand the pros and cons of incorporating in Illinois versus Delaware before making a decision. Understanding Delaware’s Popularity There’s no denying Delaware’s popularity among corporations. As of April 2014, 65.6 percent of Fortune 500 companies (Don’t forget these are billion […]

Here are few tips before you launch your business in the US

Here are few tips before you launch your business in the US

So, you wanted to start a business in the US? Here are few tips to consider to make it right, the first time!   Our report about how to choose the right company formation, LLC or C-Corporation?: http://startup-port.com/references/considerations-before-you-form-your-company/   The best and worst States to start your business in America: http://startup-port.com/references/the-best-and-worst-states-to-start-your-business-in-the-us/   Can you sell like an American?: http://startup-port.com/references/can-you-sell-like-an-american/   Questionnaire for inbound companies: http://startup-port.com/blog/questionnaire-for-inbound-turkish-companies-planning-on-selling-expanding-or-launching-in-the-us/   Compare cost of living before you start or move your company: http://startup-port.com/blog/compare-cost-of-living-before-you-move-your-startup/   Which […]

What kind of entity should a foreign company have in the US?

What kind of entity should a foreign company have in the US?

The quick answer is that the foreign company should start a U.S. based C corporation. (Here we are taking in consideration a Turkish Company entering the US market) (From Legal and Tax perspective, as advised by our CPAs, Financial Advisors and Legal experts) Foreign companies doing business in the U.S. will either set up as a branch/flow-through or a corporate subsidiary. Branch/Flow-Through  Subject to tax on Effectively Connected Income (ECI) at corporate rate – 21% currently because ECI isn’t […]

Which taxes are you liable for?

Which taxes are you liable for?

Which taxes are you liable for? Federal Corporation Tax Social Security Medicare Unemployment Tax State Corporation Tax Sales Tax Franchise Tax Unemployment Tax Corporation Tax District Corporation Tax Sales Tax As soon as you land in the US you will be subject to taxation, and tax related questions will increasingly become a consideration in many of your commercial decisions. Corporation Tax Corporation Tax is collected at Federal, State and sometimes District level […]

Can you sell like an American?

Can you sell like an American?

Can you sell like an American? Many Europeans think that common language means understanding, thereby skipping clarifications and confirmations. Until a contract is signed, it is unwise to assume agreement. Communication American culture is direct and emotionally expressive. Even if you’ve spoken English your whole life, its style might not come naturally. To close deals, you need to say what you want and what you offer learly and persuasively. Conversations will involve less small talk than might be your custom […]

Stock Option: Things you really need to know

Stock Option: Things you really need to know

Stock Option: The Differences Between an ISO and an NSO Founders are often surprised to see how complex it is to enable their employees to obtain stock options. The first step is understanding the difference between the two widely different types of stock options: The Incentive Stock Option (ISO) and the Nonqualified Stock Option (NSO).   An ISO Leads to a Lesser Tax Liability The main difference between an ISO and an NSO is its tax treatment […]

Considerations before you form your company

Considerations before you form your company

LLCs vs C Corps What you need to know before you form your company. Limited liability companies (LLCs) and C Corporations are the two primary corporate entities in the United States. Each entity type has some features which are more advantageous for some businesses than for others. We’ve collected some information here so that you can make an informed choice, in consultation with your professional advisors. Our legal preferred partners and advisors have contributed their expertise to this section (see disclaimer at […]

TUBITAK KOSGEB and other Turkish incentive programs related

TUBITAK KOSGEB and other Turkish incentive programs related

TUBITAK KOSGEB and other Turkish incentive programs related MASTER PLANLAMA YATIRIM PLANLAMA OFİS KURULUM TEŞVİK PROGRAMI ARASTIRMASI ABD PAZARINA GIRIS STRATEJİSİ Eğitim (BUSINESS EDUCATION) Rehberlik  (MENTORING AND ADVISORY) Kuluçka Hizmeti (INCUBATION CENTER) Doğrulama (VALIDATION AND PILOTING) TEKNOPARK Kurulumu Teknoparklar, Teknoloji Geliştirme Bölgesinde yer almakta ve 4691 sayılı Teknoloji Geliştirme Bölgeleri Kanunu kapsamında faaliyetlerini sürdürmektedir. Teknoparklardaki şirketlere uygulanan muafiyetler 6170 sayılı yasa ile 2023’e kadar uzatılmış ve yeni avantajlar sağlamıştır. ⦁ Teknoloji bağlantılı […]

Quick reading material before our mentoring sessions

Quick reading material before our mentoring sessions. These article provide some guidance on how the proper presentation collateral (elevator pitch, exec summary, deck, website, video) should be, not only from the perspective of the startup entrepreneur but also from the views of investors (What investors are looking for) This provides you the key points and insights investors are looking for in a good presentation (before making an investment). http://startup-port.com/references/is-your-pitch-confusing-a-confused-mind-never-buys/ http://startup-port.com/references/dos-donts-start-ups/ http://startup-port.com/references/the-art-of-the-elevator-pitch/ http://startup-port.com/references/why-true-investors-insist-on-a-one-pager/ http://startup-port.com/knowledge-base/tips-perfecting-elevator-pitch/ http://startup-port.com/references/the-real-reasons-why-a-vc-passed-on-your-startup/ http://startup-port.com/references/selling-is-as-important-as-having-a-great-idea-in-the-first-place/ http://startup-port.com/references/here-are-22-reasons-we-will-not-fund-you/ […]

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