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Iowa (USA)

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Registering a company in Iowa in 2020

Doing business in this jurisdiction is characterized by these main advantages:

  • A favorable territorial position in the central part of the USA;
  • A wide range of areas for doing business;
  • Well-established business schemes, that stimulate the development of the economy;
  • The minimum authorized capital is $1;
  • The ability to open a corporate account remotely.

The registration of a business in Iowa is from 1500 €

A duration of the registration is from 3 weeks

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Iowa is the US state, located in the Midwest, between the Missouri and Mississippi rivers. Iowa's administrative center is Des Moines. This state is also called a “Heart of America” ​​and a “US Corn Belt”. The main activity of the state is agriculture for growing corn, oats, soy and beef cattle. It is popular to register a company in Iowa for the processing of agricultural products, in such industries as: a biotechnology, a medicine (the state has the largest medical institutions), the extraction of energy from alternative sources is popular. It is also profitable to establish a cryptocurrency firm in Iowa, to open an American insurance organization, to set up an IT company in Iowa or a financial company. It is promising to obtain a gambling license in Iowa. Business schemes in America are excellent: as soon as you manage to register a company in the USA (Iowa), sales contracts, leasing agreements, state appointments are possible in a week. It is also available to get a corporate account number in the bank in Iowa for 4-5 weeks. The USA is on the 6th place in the world in terms of ease of doing business.

Read also:

USA is a member of WIPO/TRIPS, ICSID. There are different legal forms available to register a company in Iowa, Alabama, North Carolina, Virginia, etc., most of which are characterized by zero tax rates.

Taxes in Iowa

The US tax system is mainly focused on obtaining money for the state budget from taxes imposed on individuals. But also there is a corporate tax, that it is one of the highest in the United States:

C-corp

S-corp

LLC in Free economic zone

Multi-member LLC

Single Member LLC

A “ready incorporated company”

LLP

RO

Any business

Family business

Production and export trade

Trading/Holding

Any business

Professional services

Marketing and analytics

a corporate tax

12%

12%

0%

0%

0%

0%

0%

0%

a VAT

0-7,5%

0-7,5%

0 -7,5%

Not for sales in the USA

an income tax

35%

-

35%

0%

0%

0%

0%

-

How to establish an enterprise in Iowa (USA)

To set up a company in the United States, 1 shareholder and 1 director of any residency are sufficient. Moreover, the minimum authorized capital in all cases is from $1.

It is convenient to register a company in Iowa, since documents must be submitted in English, the staff is also English-speaking.

You can open an account in Iowa at First National Bank, TruBank, Central Bank, Bankers Trust, Great Western Bank, as well as in the same bank - Iowa. IQ Decision specialists will help you to open the American corporate account remotely, using the contacts listed on the site, and they can also advise on how to register a company in the USA remotely.

The information outlined in the article is actual at the time of its publication. Please refer to our specialists for checking possible solutions for your business.

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