Why You Should Open an LLC in the U.S. from Argentina

For Argentine entrepreneurs, opening a business in the United States is a key strategy for expanding their businesses and protecting their income amid currency restrictions and high inflation. Forming an LLC in the U.S. allows entrepreneurs to operate in a stable economic environment, receive payments in dollars, and access a global market without the limitations of the local system.

This guide explores the benefits of opening an LLC in the U.S., from financial stability to access to international investors, and how to make the most of this structure to ensure your business growth.

Advantages of Receiving Payments in U.S. Dollars and Financial Stability

Opening an LLC in the U.S. allows Argentine entrepreneurs to receive payments in dollars, a critical advantage in a context of high inflation and peso devaluation, which in 2023 reached 124% annually compared to 3.7% in the U.S. This difference directly impacts income stability and purchasing power.

• Protection Against Devaluation: An LLC in the U.S. protects the value of your earnings, as the dollar remains more stable compared to the fluctuations of the Argentine peso.
• Ease of International Transactions: With a U.S. bank account linked to the LLC, international transactions become easier, without depending on currency restrictions or limited access to foreign currency.

Example: An Argentine entrepreneur can avoid the loss of value that affects the peso by invoicing in dollars, ensuring a steady and predictable income flow without the fluctuations of the local currency.

Personal Asset Protection: Safeguarding Your Wealth

The structure of an LLC in the U.S. allows for separation between personal and business assets, providing added security in case of financial or legal issues.

• Liability Separation: In the U.S., an LLC operates as an independent entity, meaning that debts or legal issues of the business do not directly impact the owners.
• Reduced Personal Risk: This structure is ideal for those looking to protect their wealth while expanding their business in the U.S.

Unlike in Argentina, where economic instability and regulations can put personal assets at risk, an LLC in the U.S. allows entrepreneurs to act with greater freedom and peace of mind.

Tax Benefits and Legal Flexibility to Optimize Income

The United States offers a more flexible tax environment compared to Argentina. In Argentina, corporate tax rates can reach up to 35%, whereas states like Florida or Delaware exempt LLCs from local taxes if they don’t physically operate there.

• Taxation Options: LLCs allow owners to choose how they wish to be taxed, optimizing the tax burden according to their needs.
• Operational Deductions: The U.S. offers multiple tax deductions for operating expenses, helping to reduce the taxable income and maximize earnings.

For instance, Matias, an entrepreneur from Buenos Aires, registered his LLC in Florida and managed to reduce his tax burden, allowing him to reinvest the savings in his company’s growth. By choosing the right state, an entrepreneur can maximize tax benefits.

Access to International Investors: Expand Your Capital Network

Having an LLC in the U.S. enhances credibility and facilitates access to capital from international investors, which can be challenging in Argentina due to currency restrictions and regulations.

• Reputation and Credibility: Having an LLC in the U.S. projects an image of financial stability and professionalism that attracts global investors.
• Flexible Investment Options: LLCs allow for flexible distribution of shares, making negotiations with interested investors easier.

Establishing yourself in the U.S. opens doors to venture capital funds and other investment opportunities, which are harder to access in Argentina due to the lack of stability.

Simplification of International Operations

For businesses in e-commerce, consulting, or technology, an LLC in the U.S. simplifies global operations. In Argentina, regulations on international transactions and currency limits complicate foreign trade.

• Access to Global Payment Platforms: International platforms, such as Stripe and PayPal, prefer to work with U.S.-based companies, simplifying payment receipt from any country and eliminating trade barriers imposed in Argentina.
• Unrestricted Trade: By operating from the U.S., you free yourself from Argentina’s foreign trade restrictions, allowing you to expand your business globally without limitations.

With a U.S. LLC, an Argentine entrepreneur can manage payments worldwide without the foreign trade barriers in Argentina, allowing for faster and unrestricted growth.

How to Create an LLC in the U.S. from Argentina: Step by Step

Step 1: Choose the State of Registration

‍States like Florida and Delaware are known for their favorable business laws and low tax rates. If you plan to operate physically in the U.S., Florida is also a popular choice due to its proximity and ease of management.

Step 2: Documentation and Requirements

• LLC Name: It must be unique and meet the state’s regulations.
• Registered Agent: You’ll need a registered agent in your chosen state to receive legal documents.
• EIN (Employer Identification Number): Essential for opening bank accounts and managing U.S. taxes.

Step 3: Open a U.S. Bank Account

• Opening a U.S. bank account allows you to manage income in dollars, make payments, and simplify accounting.

Common Mistakes When Creating an LLC from Argentina and How to Avoid Them

• Choosing the Wrong State: Each state has different tax advantages and disadvantages. Research which best fits your needs before registering the LLC.
• Not Opening a U.S. Bank Account: This is essential to operate and receive payments in dollars.
• Ignoring U.S. Tax Compliance: Even if you don’t live in the U.S., it’s important to comply with local tax laws to avoid penalties.

Avoiding these common mistakes can save you time and money, ensuring your LLC is ready to operate in optimal conditions.

How Prodezk Helps You Create Your LLC in the U.S. from Argentina

Prodezk offers a comprehensive service that simplifies each step of opening your LLC and expanding your business in the U.S.:

• LLC Registration: We handle all the necessary paperwork to register your business in the state that best suits your needs.
• EIN Acquisition: We assist you in obtaining your EIN so your LLC operates legally and meets U.S. tax regulations.
• Bank Account Opening: We facilitate the process so you can manage your income in dollars and operate without restrictions.
• Personalized Tax Advisory: We help you structure your LLC to maximize tax benefits and optimize your income.

Ready to Expand Your Business to the U.S.?
Contact us for a free consultation and start the process of opening your LLC from Argentina with Prodezk, obtaining all the benefits of operating in a stable, dollar-based market.

Frequently Asked Questions (FAQ)

• Do I need an Argentine DNI to open an LLC in the U.S.?
  No, you don’t need a U.S. Social Security Number, but you will need an EIN (Employer Identification Number) to operate legally.
• What’s the best state to open an LLC if I’m from Argentina?
  Wyoming and Delaware are popular options due to their low costs and tax benefits, but it depends on your business needs.
• What taxes do I need to pay in the U.S. if I register an LLC from Argentina?
  This depends on the state of registration and the LLC structure. Prodezk can guide you in complying with tax regulations and making the most of deductions.
• How long does the opening process take?
  Generally, the process can take 1 to 3 weeks. Prodezk speeds up the paperwork for a smooth setup.