Set up and Run a US Business - Startup Guide
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Set up and Run a US Business - Startup Guide

How to easily start a US Company from the comfort of your home, be it the US or elsewhere avoiding expensive legal fees
4.6 (96 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,789 students enrolled
Last updated 11/2014
English
Current price: $10 Original price: $195 Discount: 95% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 22 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Learn to pick up the right type of business entity
  • Learn when and in which state to set up your company
  • Learn how many shares to authorize, and their initial par value
  • Learn how to use a 3rd-party business service to do most of the necessary paperwork for you
  • Learn how to conduct the Organizational Meeting
  • Learn how to manage your company and do a basic tax declaration and Franchise Tax payment
  • Learn how to avoid common legal pitfalls unexperienced entrepreneurs fall into
  • Learn how to dissolve and close your US company
  • Learn how to do all of the above if you are not a US citizen and don’t live in the US
View Curriculum
Requirements
  • No specific software requirements, beyond an internet connection, a PDF reader and a video player
  • Required mindset: desire to create a US company
  • Hardware requirements: printer + scanner OR digital signature (e-Signing) software
Description

If you haven't got a company you can set it up in the US, even if you are a foreigner. If you have a foreign company, you can create a US company to establish your presence in the US market and increase your brand reputation, because:

  • Fact 1: Nobody will take you seriously in business unless you have a company.
  • Fact 2: You get most credibility in business with a US-based company.

The problem is that setting up a US company is very costly. It can easily amount to $10,000 and above, since corporate lawyers are extremely expensive.


The Good News

Setting up a US company is actually not that complicated and expensive, you just have to follow some easy steps and understand some basic concepts. Instead of having a corporate lawyer explain them to you (charging hundreds of dollars / hour), you can take this course! It contains:

  • a hands-on approach on the best legal practices
  • with a step-by-step guide to create your company in a few hours
  • on a few hundred-dollar budget
  • in plain English
  • with 37 lectures with videos, instructions, quizzes and checklists
  • and templates for all the necessary legal documents

A Foreigner-Friendly Course

If you don't live in the US, I'll teach you how to set up your own US company without ever having to travel to the US in a special set of lectures I've prepared for foreign entrepreneurs. You don't need a US visa, green card or residence permit. You don't need to have a US address or US phone number either.


  • More than 1500 satisfied students
  • 4.7-star rating


Don't take my word for it. Hear what others have to say...


Adelina COJOCARU: "After taking this course I finally know what I'm doing. I know what needs to be done, what decisions need to be made and their impact on my business. Most importantly, I know now that I can do it myself and save all that money on legal fees."

Juren Strnik: "The instructor is knowledgeable about the subject and explains it in plain English. The fact that he's created several companies gives you peace of mind as he's able to point out several gotchas along the way."

Francesc Sanahuja: "I have the feeling that it just saved me much more time, trouble and hours of frustration than I can image! Good invested money!"

Alberto Fernandez: "I've read many things about starting a company in the US. But I'm a foreigner and I didn't know it was possible for me to start one. Now I know that it is possible, that I don't have to fly to the US, and that there are some things and traps you really have to be careful with as a foreigner"


Why I Made This Course for You

I'm a serial entrepreneur and over the years I've started 4 companies and helped many other entrepreneurs establish their own. Setting up my companies without a lawyer has saved me thousands of dollars, but it has costed me many hours of reading legal stuff, talking to corporate attorneys, calling the IRS, etc. I have worked through all this information and summarized it in a digested version for you. I would like to share the acquired knowledge in this course to save you not only your money, but also your time.


If this sounds interesting to you, I highly recommend making this investment in yourself.

Who is the target audience?
  • US Entrepreneurs who want to start a business
  • Foreign entrepreneurs who want to start a business in the US
  • Foreign business owners who want to move part of their business to the US
  • Entrepreneurs who wish to evaluate the pros and cons of establishing a business in the US
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Curriculum For This Course
37 Lectures
02:38:54
+
Choosing your Company Type
5 Lectures 07:59


Corporations vs. LLCs
04:52

[ALIENS WATCH THIS] Company Types for Aliens
00:39

Why Should I create a US Company in the First Place?
3 pages

Company Types
3 questions
+
When and Where to Set Up your Company
3 Lectures 04:45
When to Set Up your Company
01:52

Where to Set Up your Company: Not all States are Equal
02:08

[ALIENS WATCH THIS] Recommendation for Aliens
00:45

When and Where to Set Up your Company
3 questions
+
Setting Up the Company
4 Lectures 11:31
Process Overview
03:27

Splitting the Pie (Part 1)
03:39

All formation packages in Harvard Business Services are $50 off through December 31

Preview 04:25

Guide to the Forms in this Section
2 pages

Setting Up the Company
3 questions
+
Right after Establishing your Company
8 Lectures 21:29
Life After Company Setup
00:36

The Organizational Meeting
01:44

Splitting the Pie (Part 2)
05:43

Main Legal Documents and Their Contents
03:38

After the Organizational Meeting
04:11

[ALIENS WATCH THIS] The Toughest Part is Opening a Bank Account
04:37

[ALIENS WATCH THIS] Filing your Section 83(B) Election with the IRS
01:00

Guide to the Forms in this Section
3 pages

After Establishing your Company
3 questions
+
Managing your Company
4 Lectures 07:25
Introduction
00:47

Your Obligations
02:39

The IRS
01:14

The Franchise Tax
02:45

Managing your Company
3 questions
+
Course Wrap-Up
1 Lecture 02:10
Good Luck with your Company!
02:10
+
[BONUS SECTION] How to Dissolve your Company
4 Lectures 03:54
The Dissolution Process
02:27

The Dissolution Process for a Corporation in Delaware
4 pages

The Dissolution Process for an LLC in Delaware
2 pages

[ALIENS WATCH THIS] A Final Gotcha Before Oblivion
01:27
+
[BONUS SECTION] Fast-Track Company Creation
2 Lectures 05:39
Fast-Track Company Creation
05:39

Checklist
2 pages
+
[BONUS SECTION] Vocabulary
1 Lecture 00:00
Vocabulary Definitions
9 pages
About the Instructor
Miguel De Vega, Ph.D.
4.6 Average rating
96 Reviews
1,789 Students
1 Course
Serial Entrepreneur, Startup Mentor, Executive Board Member

Serial entrepreneur, Ph. D. in telecommunications engineering, passionate about tech businesses, sports, maths and traveling. I have authored 27 patents, published in scientific research magazines, written books on software development, lived in 5 countries, built from $4.95 to multi-million-dollar products, worked at large (Siemens, Nokia) and small companies, and co-founded 4 startups. I regularly mentor startups at Oxygen Startups (at Google Campus, London), Launch48, Startup Weekend and Olympo Boxes, and advice them on business and legal issues. I love learning new things.