US Delaware C-Corp or Wyoming LLC formation — state filing, registered agent, EIN application, Operating Agreement/Bylaws, and Mercury bank account guidance for Indian founders.
The United States is the world's largest economy and most important market for technology, SaaS, fintech, and e-commerce. Indian founders increasingly incorporate US entities — primarily Delaware C-Corporations or Wyoming/Delaware LLCs — to access US venture capital, enterprise customers, payment processors (Stripe, PayPal, Braintree), and equity compensation structures for global teams. A US entity is often a prerequisite for Y Combinator, Sequoia, and other top-tier VC investment.
Delaware C-Corp: Best for SaaS startups, fintech, and tech companies seeking VC funding. Supports multiple share classes (common + preferred). Standard for YC, 500 Startups, Sequoia investment. Subject to Delaware franchise tax (minimum USD 400/year). Federal 21% corporate tax.
Wyoming LLC: Best for e-commerce sellers (Amazon FBA), consulting, digital products. Zero state income tax. Strong privacy (no public shareholder registry). Minimal annual fees (USD 60/year). Pass-through taxation.
Key benefits: US market access, US bank account for Stripe/PayPal/Braintree, VC access (most US VCs prefer Delaware C-Corps), ESOP for US-based employees, and multi-currency USD treasury.
EIN (Employer Identification Number) from IRS: Free, but paper filing for foreign applicants takes 4–8 weeks. Mercury Bank allows fully remote account opening for foreign-owned US companies.
MFiling professional charges: from Rs.19,999 inclusive of state filing, registered agent (1 year), EIN application, Operating Agreement/Bylaws.
Delaware C-Corp for VC-funded startups; Wyoming LLC for e-commerce and consulting — MFiling advises based on your business model.
Check proposed name with Delaware Division of Corporations or Wyoming Secretary of State — confirm availability.
File Articles of Incorporation (C-Corp) or Articles of Organization (LLC) with the state secretary of state office.
MFiling arranges a registered agent with a physical address in Delaware or Wyoming — required for all US entities.
State issues Certificate within 1–3 business days for standard filing; same-day with expedite fee.
Prepare governance document — Operating Agreement (LLC) or Bylaws (C-Corp) defining ownership, voting, and management.
File Form SS-4 with IRS for Employer Identification Number — paper filing for foreign applicants takes 4–8 weeks.
Apply to Mercury, Relay, or Brex using the EIN and Certificate of Incorporation — remote video verification available.