FAQ
- What are the key features for each of the solutions? How are they different?
- Fast Office includes everything in Fast Corp, either of which will set up your US company. Fast Office, however, provides the unique feature of business operating address and phone number. Business operating address (not legal address) is required for the application of EIN (Employer Identification Number). EIN in turn, is required for all US business and banking account applications.
- Maintaining business and banking account also requires an ongoing US business address. Having a US business address is the foundation of many business activities which cannot do without. EIN is also needed for annual tax filing. We provide Fast Corp as a quick and economic way for you to get started quickly. However in the long turn, you will still need to apply for EIN.
- Fast Office includes everything in Fast Corp, either of which sets up your US company. Fast Office, however, provides the unique feature of business operating address and phone number. Business operating address (not legal address) is required for the application of all US business and banking account applications. If you need to apply for PayPal US, Amazon US, or eBay US, or the like, you need a business operating address. You cannot use your home country address to apply for US business accounts. (You may, however, use your home country address to apply for international PayPal, Amazon, or eBay accounts. But you will not be able to position your company as a US company.) Maintaining business and banking account also requires an ongoing US business address. Having a US business address is the foundation of many business activities which cannot do without.
- Fast Tax includes everything in Fast Corp and Fast Office. It provides an addition convenience of having your annual tax filing done automatically. For lightly operated companies, this solution provides the most economical way for you to file your taxes.
- I want to create a startup for a new product. What is the best solution for me?Fast Office will be the best and more economical solution for you. You can use your US company immediately for a wide variety of mission-critical business activities such as patent/trademark applications, and ecommerce account or payment accounts applications.
- I’m an Entrepreneur. What is the best solution for me?
- If you want to set up branch office or even US HQ for marketing and sales, Fast Tax will be best for you. Fast Tax includes annual tax filing as well as compliance review. Fast Tax solution will bring you peace of mind as everything you need are covered. (Fast Tax already includes everything in Fast Corp and Fast Office.)
- If you want to use the US company to apply for trademarks or patents, Fast Corp will generally be good enough. To have the full branding effect of positioning your company as an American corporation, Fast Office provides US business address and business phone number, and secretarial service, as well as numerous other backoffice services. Either solutions should work fine for you. (Not sure? Subscribe to Fast Corp first and upgrade later.)
- I’m a real estate investor. What is the best solution for me?
- If you intend to use the US company to hold one or just a few properties, Fast Office with LLC structure will be best for you. Please note that LLC are only for foreigners intend to use as a property holding vehicle. For business operations, LLC are not recommended. We provide LLC formation only for real estate investors. All other investors should apply for Fast Office with C Corp.
- If you want to engage in large scale property investment or even property development, Fast Office with C Corp will work quite well for you.
- At the end of the first fiscal year when time of tax filings comes, you are advised to upgrade your membership to Fast Tax to cover annual tax filing and compliance.
- I’m an investor. What is the best solution for me?
- If you do not need bank account, the basic Fast Corp will be a good start for you. You use your US company to set up bank account in your home country.
- If you plan to use your US company to receive income such as rent or investment dividend, then you should go for Fast Office. With Fast Office, you will be able to open US bank account with US business address and EIN.
- At the end of the first fiscal year when time of tax filings comes, you are advised to upgrade your membership to Fast Tax to cover annual tax filing and compliance.