Registration of Company in USA Oregon

The state of Oregon is located on the Pacific coast, north of California. This geographical position is beneficial for the development of state trade with China, South Korea, Japan and other Asian countries.

The main manufacturing sector of Oregon is forestry industry (plywood production, paper making, wood processing).

Water resources in Oregon are used as alternative sources of electricity. There is increase in production in metallurgy, agriculture, and computer technologies.

Registration of company in the state of Oregon (USA) is becoming increasingly popular. Jurisdiction is not included in the "black list" of the CIS countries and is less popular in the global context, but this is also advantage, because various supervisory bodies are less interested in verifying the activities of companies in Oregon.

Forms of doing business

The most effective organizational and legal form in Oregon is Limited Liability Company (LLC).

The legislative framework

Registration of company in Oregon is carried out on the basis of Chapter 63 of the Revised Statutes of Oregon, in accordance with the Oregon Limited Liability Company Act 1003 of 1993 Under Small Business Entity Tax Pass Through Act, and the provisions of the Uniform Commercial Code (UCC).

Why is it cost-efficient to register company in Oregon (USA)?

• The owners of the LLC are participants, but not shareholders, as opposed to the form of Corporation. LLC is recognized as separate legal entity.
• Participants of the company who are residents of the USA are personally responsible for taxes on their share of income distribution.
• It is not necessary to be in the country to register company in Oregon.

Registration of LLC in the state of Oregon. Peculiarities

• The standard term for registration procedure is approximately 1 month. With the contribution of certain fee (the amount is set at the federal level), the procedure can be carried out within several days.

• In order to register company, at least one participant and director are required. There are no requirements for residence and age.

• Nominee directors are allowed.

• The confidentiality of the company in Oregon is not assured. Information about the LLC is publicly available.

• The name of the company should contain the word Limited or the abbreviation LLC in the end.

Bookkeeping in Oregon

Financial statements are filed with the State Secretariat each year from the date of registration. The State Secretariat sends documents to complete the financial statements approximately 45 days before the filing.

Taxes in Oregon

Local income tax is not charged.

Corporate tax is paid at the rate from 6,6% to 7.6% (in the event if taxable income exceeds 1 000 000$). In addition. Federal corporate tax at the rate of 21% is levied If the source of income is from the United States.

We will register company in the USA in Oregon for you within the shortest time possible. Buying company in the USA in Oregon is also possible.

Registration of company in the USA in Oregon is one of the simplest and cheapest ways to start legitimate international business.