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What is BOI FinCEN: New Federal Reporting Requirements for U.S. Companies

In a major change for businesses in all U.S. states, companies are now required to provide Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Treasury Department. This measure was introduced to increase transparency in financial transactions and to combat money laundering. Which Companies Are Subject to the New Filing Requirements?

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Why you need a unique address in your Amazon seller account

A unique address (for the Amazon) is an address that has not yet been used for other accounts on Amazon. A unique address is required to create a new seller account on the platform. Amazon takes address verification seriously. If you provide Registered agent's address that is listed in your company documents, Amazon will immediately link your account to other accounts using the same address, since this address is public. In this case, your account is very likely to be banned (Related Account Ban) if there is a block of one of the accounts that your account will be linked to, which is one of the difficult problems to solve.

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Searching by Trademark in the USA: Step by Step Guide

Why is trademark (TM) verification in the United States a cornerstone on the path to registration? Yes, this process may sound boring, but it plays a key role in the life of any brand. In this article, we will look at the process of conducting a preliminary trademark search, explain its importance and describe the situations in which it becomes appropriate to conduct such a search.

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Wise for Amazon: Effective Financial Management

Table of Contents If you are planning to become an Amazon seller, working with customers from different countries, you will have to deal with finances in different currencies. The process of conversion, commissions and moving funds between accounts can be a real headache. In such cases, a multi-currency account becomes an integral part of your financial strategy. And in this context, Wise offers a great solution

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Which to choose? Corporation or LLC

The difference between a corporation and a limited liability company (LLC). A corporation is owned by shareholders, while a limited liability company is owned by members. Both a shareholder of a corporation and a member of an LLC can be shielded from liability when a lawsuit is filed against the company itself. However, when a lawsuit is filed against a person, the limited liability company has asset protection, so that the owner of the company

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How to avoid restrictions on selling brands on Amazon.com

Cодержание статьи Последнее время многие столкнулись с серьезной проблемой на Amazon.com, которая затрагивает тех, кто занимается по модели Wholesale и онлайн-арбитражем в США. Но стоит отметить, что и те, кто продают Private Label, так же могут столкнуться с этой проблемой, если товар в США попадет под категорию “Пестициды”. В этой статье мы рассмотрим как избежать

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Corporate bank account in the USA: key aspects for Ukrainian entrepreneurs

Cодержание статьи Планируете начать свой бизнес в Соединенных Штатах или уже являетесь владельцем компании в этой стране? Одним из первостепенных шагов, с которыми вы столкнетесь, будет необходимость в открытии банковского счета в американском финансовом учреждении. Это важный шаг, который потребует понимания особенностей банковской системы США. Банковские системы США и Украины имеют свои уникальные черты. Важно

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Signing up for an Amazon account: individual or U.S. company?

Cодержание статьи Регистрация аккаунта на Amazon становится всё более актуальной темой для многих предпринимателей. Однако, перед этим возникает вопрос – стоит ли регистрировать аккаунт от имени физического лица или лучше сразу создать компанию в США? В данной статье мы рассмотрим преимущества регистрации аккаунта на компанию США и почему это может быть более выгодным выбором.  

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