“In the business world, everyone is paid in two coins: cash and experience.
Take the experience first; the cash will come later.”
Harold S Geneen
We provide a holistic approach and comprehensive support for all administrative, accounting, and legal matters, that our clients are likely to require as they get established in the US.
By working with BABLEAP, we can help you avoid pitfalls that are known and obvious to us but not apparent to a foreign entity entering the US market.
LEGAL ENTITY CREATION
Prior to entering the US, we'll review your existing corporate structure in the UK (tax and legal) to ensure we understand your strategic objectives for establishing a US presence. Based on the information we receive, we will advise you as to the optimum corporate structure for your initial US entity.
Once we have reached an agreement on the optimum structure with you and your UK accounting and legal advisors, we will manage the entire incorporation process that including the following:
Incorporating in the appropriate State with the appropriate structure (C-Corp, LLC, LLP, PBC)
- Preparing the necessary incorporation-related documents such as the Bylaws, the Stockholder or Membership agreements, the appointment of the Board Directors and Officers, and any other documents that are necessary, based upon the type of entity.
Securing the IRS Tax Identification Number (EIN)
Assist with opening the company bank account
Registering to conduct business in the State where the principal office will be located (unless that is also the State of Incorporation.
Registering as an Employer in the State of residence for each employee.
Securing any other business licenses that may be required by the City, County or State where you have any business operations.
We have the expertise to help you navigate the complexities of state and federal employment laws and take care of your employees like they were our own.
Settin up Payroll for your planned employees as and when they are hired.
Providing the appropriate employee onboarding documents including, Offer Letters, a customized Employee Handbook, arranging health insurance benefits, and establishing a company-sponsored employee 401(k) investment retirement plan.
Assistance with the transfer of home country employees to the new US entity, including helping to secure work visas, and sample ex-patriot plans for employees on temporary assignment to the US.
Managing the termination of employees as and when necessary.
We'll also be on hand to support you with any other administrative tasks that are required during the initial set up and for the first few weeks after the initial hiring of your first employees.