Setting Up a US Company for Dropshipping and Reliable Payment Methods
The biggest reason for setting up a Dropshipping company in America is to have a payment gateway where customers can pay with credit cards. At this stage, Stripe, the most used payment gateway in the world, comes into play. Opening a Verified Stripe Account guide, but before opening an account, it is inevitable that you establish a dropshipping company in America in order to meet Stripe's requirements. Because Stripe does not yet support Turkish companies or individual users from Turkey.
Stripe does not support Turkish companies or individual users, but it allows this when you open an llc in the USA and get a federal identification number (EIN).
If you meet all the requirements required by Stripe, you can open a verified account through your company in America. in-depth information on this subject here, but since our topic is to establish a company in America for dropshipping, we are returning to this topic now.
Cost of Forming an LLC in Usa for Dropshipping
- For the state of Kentucky, the installation fee is $40
- You can use Wyomingmailforwarding.com for the address, this company allows you to show you the address to establish your company for only a one-time fee $15 , they only charge $10 to forward the incoming mails to you. Since you will not receive many files, you can also consider this solution. (Note: this company scans your first mail for free)
- Virtual phone number in the USA: $3 ( from this link )
- Company Agreement 89$
- $99 per year during installation. You start paying from the next year
Total Costs for Installation: State filing $40 + address $15 Phone $3 + Contract $89 = With paid address option 147$
Update: If you set up your company with Northwest Registered Agent instead of IncAuthority, you can set up your company for $39 + State fee ($40) including address. This price is a discount specifically defined as a result of our collaboration with Northwest.
Form Your Company in the USA
You are free to choose the state, but what is important here is that the initial installation and annual costs of the selected state are appropriate. The state of Kentucky is one of the cost-effective states at this stage.
- Filing fee paid when the company was first formed 40$
- The franchise tax fee you will pay to the state every year is as low as $15.
In addition, the state of Kentucky is known as a state that is friendly to foreign entrepreneurs and does not cause any problems in terms of procedures. As a result, you can form your company in this state, which is reasonable in terms of initial setup and annual costs.
Registered Agent Selection
If so, what is Registered Agnet? If you have no idea why we need to receive a service from these companies, first of all, what is a Registered Agent? You can take a look at the article. There are many options as a Registered Agent, but the important point here is that the company is reliable and its prices are affordable.
Inc Authority.com, which is both a reliable and affordable solution . Me and many people on this blog founded their companies through this company. the comments of those who installed using the methods in this blog from this link .
If you form an llc in Usa with IncAuthority, you will have the following advantages;
- They do not charge any fee for the first year. You only pay state taxes and contract fees.
- In the following years, they provide services with fees as low as $99 as a registered agent fee.
- Since it is a very large company, its prices are very reasonable.
- When you want to get support, you can contact us via e-mail or phone.
- They set up your company very quickly, procedures, passport ID etc. You don't have to deal with it.
Having a Postal Address in Usa
Get a Mailing Address for an LLC for $15
You can show your address during company establishment, notary approval, USPS Form 1583, etc. is a company that offers a mail forwarding service that you can use for a lifetime with a one-time payment ($15) .
The mailing address does not have to be in the state where the company will be incorporated, there is no such requirement, so when forming an llc in Kentucky, your mailing address can be in Wyoming, or vice versa. In summary, you should not try to look for an address in the state where you will open an llc.
If you, like me, have chosen Wyoming mail forwarding in this setup, you must first start by purchasing a mailing address from this reliable company for $15.
You obtain a mailing address for your company by following the steps in the article Getting an Address for Mail Forwarding for $15 I first started by opening an account with this company.
Once you receive your mailing address from Wyoming mail forwarding and receive your suite number via e-mail, you can start the installation. (This is an important step, you usually receive an e-mail in the evening after 1 day, due to the time difference. After receiving the e-mail and obtaining the suite number, I recommend you to proceed with the company setup steps, please do not rush and wait for your address to be completed.)
Get a Phone Number in Usa
Before establishing a company, you need to have a phone number in America. There are many options at this stage, you can choose whichever suits your budget. For example, Skype gives you a landline US number with a monthly payment, but the prices are a bit high. Another option is Zadarma.com, , for $3/month (you can get it from Zadarma here )
After obtaining your address and telephone number and writing them down, the next steps are to establish a company. In fact, this stage is easier. You complete the application with the help of an online form of 5.6 pages in total. Afterwards, the registered agent, Inc Authority, handles the process for you.
Now let's move on to these steps;
LLC Company Formment Steps in Usa
After reading the explanations above and taking into account the annual and monthly expenses, you can follow the steps below to form an LLC company in Usa with Inc Authority.
- First, log in to Inc Authority.com website from this link
On the next page, you can select the business type and state in which you want to form the LLC.
- We select LLC as the business type and Kentucky (or whichever state you want) as the State, then we continue by pressing the Save and continue button.
- In this step, we need to enter information about the business owner. We proceed to the next step by entering the name, surname, e-mail and US phone number you rented from Zadarma and accepting the contract below.
- In this step, we are asked to enter the details of the LLC company. You can type a name for your company and enter a brief English description about your business. There are some rules to consider when choosing a company name, in this article . We can go to the next step by typing E-commerce or Digital Services and checking the boxes below (Will your business accept credit card payments? That is, it asks whether you will accept credit card payments) and checking the online box.
Now in this step, you can enter the address you received from www.wyomingmailforwarding.com in the screen below. You can check the same address box as the shipping address, tick the "I want to receive the following messages on my phone" section and proceed to the next step.
By the way, let us also point out that your address does not have to be the same as the state where you will form your company. You are free to obtain an address in any state you wish and form the company at that address. The procedure for forming an llc is the same in all states, the address location does not matter.
In this step below, you can pay an extra fee to speed up the company formation process, which normally takes 7 days. The choice is up to you to shorten the time a little more. We select No and move forward.
- the EIN number for you by getting a service from Inc Authority EIN (Federal Tax Identification Number) is a number issued free of charge by the government. If you want to get this number yourself instead of paying $49, this is also possible. Getting an EIN Number from America, you can fill out the form and apply yourself. We select No and move on to the next step.
In this step, it is necessary to include the operating agreement, which is the official document that you own the company. It also represents the state law that supports your business. An extra cost of $89 will be added, but it is a must. Continue adding to the selection.
After these steps, you will be offered extra add-ons. These are: lawsuit protection (a contract that rejects when a lawsuit is filed) Express delivery (mailing your documents quickly) Domain name These options opening a stripe account, but if you are going to do something different, you can include the lawsuit protection service. You can add these services later if you want. We continue without any additional service.
Finally, you will need to pay to register your LLC. The calculated costs should be as follows;
- Operating Agreement – $89
- State of Kentucky Filing fee – $40
Tick free $0 in the Delivery option section. You can choose the billing address section as your company's address or you can also enter your address in Turkey. It does not appear in company documents.
Total Price Due $129 without EIN option
After following these steps, they make the payment, place the order immediately and start setting up the company.
Company setup will take approximately 7 business days for this state (if you have not received an acceleration service), sometimes they can set up earlier. Afterwards, you will receive your company formation certificate and some documents will be sent to you for you to sign. Download them from your panel, sign and keep a copy, then return them. Additionally, notifications can be sent via e-mail. Follow your e-mail.
You can click on the button below to see examples of the documents you need to sign.
You Can See Your Formed Company on the State Website
, you can see whether your company has been established by typing your full company name on the Kentucky state website ( here Once the installation is complete, your company will be listed here. As follows;
That's it, your company has been formed :)
After the company is established, Obtaining an EIN Number from America . by opening a bank and Open a Verified Stripe Account, you will take the last step of setting up your online business and solve the problem of receiving payment by credit card.
bank account and stripe account. You cannot open these accounts without an EIN. If you have any questions or are wondering about something, you can contact me by filling out the contact form
Good luck!