Millions of international entrepreneurs continue to have great success as their businesses grow profitable while conducting lawful business activities around the world. Delaware continues to be the incorporation capital of the world offering a corporation-friendly environment that is unparalleled. Every day, we work with non-U.S. clients who form Delaware companies for asset protection, property and real estate investments, attracting venture capital funding or growing an e-commerce business. Harvard Business Services, Inc. receives a high number of inquiries from clients in every continent except for Antarctica.
While the Delaware formation process is known to be simple and quick, sometimes our non-U.S. clients worry about what they need to accomplish after the initial formation. They may have specific questions, concerns or difficulties. Some clients are unfamiliar with anticipating business expenses or hiring employees. If you are unsure about the startup process, there are many resources available so you can get started on the path to success.
If you are a non-U.S. client or an immigrant, you can research grants and loans that enable you to obtain the starting capital to get your business off the ground. Microenterprise Development can help provide micro-loans and supports immigrants to develop and expand their own businesses and become financially independent. Microenterprise Development aims to help individuals obtain the skills they need to become successful entrepreneurs. Clients also work with the Small Business Administration (SBA) to expand their business by obtaining loans.
Other resources available include Upwardly Global which helps immigrants restart their professional careers in the U.S. and assists skilled immigrants to find jobs that better fit their abilities.
The organization IRCO Africa House connects immigrants with the skills and training that they need to succeed. The organization helps individuals to build new lives and provides more than 200 culturally and linguistically specific social services.
Femigrants provides a network for female entrepreneur/immigrants and business owners and provides mentorship programs, professional development training as well as events to assist diverse professionals become successful. The goal of the organization is to serve as a trusted hub for global immigrants seeking support, career guidance and inspiration, and to help immigrant women achieve their professional goals and successfully integrate themselves into modern society.
Finally, SCORE provides mentorship programs, workshops and other educational opportunities for business owners from all backgrounds.
Other inquiries that we receive from immigrants or non-U.S. residents pertain to obtaining a U.S. Visa. While obtaining a U.S. Visa is outside the scope of our services, clients often consult with an immigration attorney for guidance with obtaining a temporary Visa such as the B-1, H-1B, or student Visas such as the J-1, F-1 or M-1 Visas depending on the clients’ specific requirements. Other Visas that clients inquire about include Entrepreneur Visas such as the E-2 Treaty Investor, EB-5 Investor, EB-2 Advanced Degree, EB-1 Extraordinary Ability and the L-1 Visa.
Feel free to access a helpful link here—an Entrepreneurship guide for non-U.S. residents and Immigrants. Inquiries from individuals around the globe come to us to begin the process of achieving their business goals.
If you have any questions or need assistance with forming a Delaware company, we can be reached at 1-302-645-7400 or 1-800-345-2677 ext. 6900 or via email at info@delawareinc.com. We can also be reached via Skype at delawareinc.
*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nothing in this article constitutes legal or tax advice. This article provides general commentary on, and analysis of, the subject addressed. We strongly advise that you consult an attorney or tax professional to receive legal or tax guidance tailored to your specific circumstances. Any action taken or not taken based on this article is at your own risk. If an article cites or provides a link to third-party sources or websites, Harvard Business Services, Inc. is not responsible for and makes no representations regarding such source's content or accuracy. Opinions expressed in this article do not necessarily reflect those of Harvard Business Services, Inc.