As a result of the particularities of the situation, in order to embark on business in the United States, the specific knowledge and guidance are necessary. The specific expertise is what OCPBIZ business professionals offer as Business Startup Services.
Realizing the multiple needs of high-value clients, particularly those coming to venture in overseas, the OCPBIZ provides a full support on starting up companies and formation of businesses in the USA. We have the expertise to provide an entry into the American market seamlessly. We bring you compliant execution of American market entry procedures that include the intricacies of corporate filing and initial establishment.
All these services aim at demystifying the basics behind the establishment of a firm. They will usually provide some key services such as:
All of these are legally necessary in most businesses. In addition to the necessities, most of the mentioned platforms help to open US bank accounts, get initial compliance by state and federal regulators, and provide continued support in terms of taxes and legal consultations, serving as a one-stop hub of your emerging business.
The main advantage of the use of these services is its vast simplification. Entrepreneurs can outsource legal research, paperwork and decoding of uncomprehensible rules instead of wasting endless hours doing these themselves.
This saves a lot of time, prevents stress and expensive mistakes to ensure a successful set up of your business right on the first day. It liberates you so that you can focus on product development, marketing and acquiring your initial customers- the real engines of expansion.
An important element of any new business is getting a sound financial service. Commercial banking, which is differentiated with investment banking, offers fundamental actions to the day-to-day operations. OCPBIZ partners with its customers to enable them to receive services including:
Internet banking servicesPaying of bills onlineFinancing and granting of loansAccepting money on term depositIssuance of bank draftsAdvanced facilities such as letters of credit, bank guarantees and cash management
In an addition to this, a key requirement of any business payments acceptance is merchant services. These are the point-of-sale (POS) machinery, electronic-commerce and the vital merchant account.
OCPBIZ informs clients of the different fees that clients can be charged when possible periodic charges, per item or per transaction as well as percentage, most importantly interchange fees which are due to large card networks such as Visa and MasterCard which differ depending on the type of transaction.
Opening a merchant account is usually followed by a bank underwriting of :
Business locationCorporate documentsIn many cases, either a business or personal guarantee With increased revenues there may be further underwriting desiredSound financial management is an essential factor of growth. OCPBIZ provides an entire range of bookkeeping and accounting services to small to mid-sized firms, which can save a company a lot of money in comparison to maintaining internal employees.
Their bookkeeping selections include:
Accounts Payable and Receivable ManagementBank reconciliationsElectronic document managementInventory controlPayroll transaction recordingIn addition to the traditional bookkeeping services, controllership services maintain:
Proper tracking of revenue and expense levelsManagement of fixed assetsBalance sheets reconciliationsCompile financial statements Corporate accounting reportsAdditionally, OCPBIZ provides the services to meet your other required payroll needs. Payroll also entails accurate processing of salaries, wages, bonuses, and deductions to ensure timely payment and remittance. This offers employers in the USA peace of mind regarding payroll compliance, provides assurance of compliance with Social Security, Medicare, Federal income tax withholding and other various state or local taxes.
OCPBIZ is an example of how technology can make this process very efficient. Our end-to-end approach has allowed us to attract considerable momentum, especially among foreign founders who want to build an entity here in the US but that is also incredibly useful to home grown entrepreneurs.
Our products offer user-friendly displays, step-by-step on-boarding, and connection with a professional community. Since incorporation to annual compliance and tax filings, the services provide a long-term legal presence, and efficient operation. This makes founders in every country empowered.
Having an access to such professional services it is possible to break the problematic issue of setting up a business into a quite feasible feat. Get a glimpse of your vision and leave the details of the compliance to the experts so that you can develop your dream business with confidence and a firm foundation.
