Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2015-01-14

Indians can start business in US in an hour: US industry expert

federal and state clearances can be obtained online by Indians within an hour besides tax benefits.

The US is 'open to business' and Indians can start a business in the country within an hour, according to a IANS report, citing a US-based industry expert's statement.

"It is easy to start a business here (US) as the cost of entry (business set-up) is low. One can open a business within an hour," Howard M. Rosen, World Chairman, BKR International (BKRI) said.

According to Rosen, federal and state clearances can be obtained online by Indians within an hour besides tax benefits which can put them to business at a lightning speed.

"Limited Liability Companies (LLC) is the highest growing segment in the industry variant and it is very easy for Indians to run, operate and dissolve. Indian firms have huge investment opportunities in the healthcare and IT segment," he said.

A limited liability company (LLC) is the US specific form of a private limited company. It is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

The IANS report further stated that a survey from industry lobby Confederation of Indian Industry (CII) last year revealed investments by Indian companies in the US amounted to $17 billion, generating an employment figure of for more than 81,000 people.

Related opportunities
  • Sports & Gaming
    No Escape is an exciting live game experience (in person,..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 2lac - 5lac
    Space required 300 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Bakery & Confectionary
    About:Started in 2014, Chocolate World is an exclusive dessert café..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 650 - 750 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Start your own Big Mart World franchise business and be..
    Locations looking for expansion West Bengal
    Establishment year 2007
    Franchising Launch Date 2013
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
  • Gyms and Fitness Centres
    About:started in 2012, Universal Gym is one of a kind..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2200 - 8000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South West Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities