US Incorporation-old page

We, at Ejad Labs, run the largest tech exchange program for Pakistanis to Silicon Valley, North American and Europe and organize some of the largest events and conferences promoting Pakistani technology.

Ejad Plus is our service dedicated for entrepreneurs to quickly and easily break into the U.S. market, remotely.

Unlike competitive services, Ejad Plus takes care of everything — registration, bank account creation, tax advisory and everything in between.

Ejad Labs handles:

• Company formation
• EIN number (Tax ID) setup
• Bank account creation and setup
• Advice on state selection
• Post incorporation setup
• Tax and legal advice from our partners
• Lifetime support

There are never any hidden fees – all government fees are built into our pricing.

Complete our process and within as little as just a few days, you’ll have your U.S. based company and business bank account up and running.

Yes, you will be able to use this company / bank account to signup and receive payments from these services / accounts and many others. We will publish articles on how to setup these account on our blog in the coming weeks.

• PayPal Business Account
• Amazon USA Seller Account
• eBay Seller Account
• Fiverr, Upwork and many other services

We have an exclusive partnership with Mercury. Ejad Plus companies get $500 cash reward upon spending $10K on your debit card in 90 days. Details at mercury.com/partner/ejad-labs

Banking services are provided by Evolve Bank & Trust; Member FDIC.

Your account comes with:

• Checking account
• Savings account
• Debit cards
• Virtual cards
• ACH payments
• Check payments
• Domestic and international wire transfers
• Nice tools and features

What does the bank cost:

The bank doesn’t have minimum balances, account opening fees, or monthly fees. The only things that cost money are wire transfers, which are $5 domestically and $20 internationally.

• Minimum Deposit – $0
• Account opening – Free
• Transaction Fees – None
• ACH – Free
• Domestic Wires – Free
• International Wires – Free

You can use international wire to send money to any foreign bank accounts and our banking partner, Mercury, has enabled support for international wires to Pakistan. If you do not see this option in your mercury dashboard, please get in touch with us.

You can also use WorldRemit or TransferWise to send money to your personal bank account in Pakistan using your business debit card.

You do not need a US address to register the company or bank account, you can use your foreign address. All company documents will be sent to you via email.

You will only need a US address to use as the temporary ‘mailing address’ for the bank to deliver your corporate debit cards. You can use a friend or family’s address for this purpose.

Virtual Address / Mailbox Service

If you need a US mailing address, you can avail our service for a fee of $10 per month.

Unique US mailing address are also available for Amazon sellers and other purposes for $20 per month.

Most states require annual franchise and LLC taxes based on earned income. Wyoming and Delaware offer exponentially lower franchise taxes and LLC taxes.

We make sure that you have to pay the minimum annual costs by advising you to choose the best options at the time of incorporation.

Annual Franchise Tax

• Wyoming: $52
• Delaware: $225

Registered Agent Fee: $200

Fortune 500 companies have long been drawn to Delaware thanks to its well-developed body of case law for corporations, reaching back over a hundred years and covering a wide breadth of matters regarding shareholders, management, mergers and acquisitions, and more. Delaware laws also have a tendency of favoring management in shareholder disputes. Additionally, one of Delaware’s biggest draws when it comes to incorporation is its Court of Chancery. Unique to Delaware, this court focuses solely on business law and the matters are decided by judges well-versed in business issues, rather than by juries.

However, even taking all of this into consideration, Delaware may not necessarily be the best place to incorporate your business. Choosing where you incorporate may depend more on the structure of your business and your long-term goals.

For example, if your business goals center around taking your company public and growing into a Fortune 500, then Delaware may be a suitable choice for you. However, if your goals are not quite this lofty, then you should be mindful of Delaware’s corporate income tax and franchise tax, along with several disclosures and reporting requirements. If these things are important to you or may have an adverse effect on your company, then you should consider incorporating in Wyoming, which tends to be more appealing for small businesses and privately-owned companies.

Wyoming is one of only a few states known for being a tax-haven to corporations. While Delaware does tax corporate shares, Wyoming does not tax corporate shares, along with offering no state corporate income tax and no franchise tax. Similar to Delaware, Wyoming allows the formation of one-person corporations and does not have requirements for listing members or revealing stockholder information to the state. Wyoming, however, goes further in privacy matters by not collecting any corporate income tax information to be shared with the IRS.

There are a few additional benefits that make Wyoming attractive when it comes to incorporation. Compared to Delaware and many other states, Wyoming offers a very minimal annual fee. Additionally, Wyoming offers the option of continuance, which allows the moving of an existing corporation into the state of Wyoming, plus we have a Close Corporation for those wanting fewer formalities.

As was discussed above, both Delaware and Wyoming offer several benefits to those who have incorporated in their respective states. Generally, Delaware tends to attract larger corporations that can benefit from its well-developed legal system and Court of Chancery. Wyoming, on the other hand, offers attractive benefits to smaller, privately-held companies, such as increased privacy and fewer applicable taxes. Weighing these offerings against the needs and long-term goals of your business will help you determine which state offers the best future for your company.

If the Wyoming benefits are attractive to the needs of your business, you might consider enlisting the help of our formation service for Wyoming incorporation assistance. Additionally, we can serve as your incorporator for articles of incorporation filing. In some cases, we can also serve as the registered agent for your corporation. You may choose this option if you have privacy concerns, as the articles of incorporation are a public document.