In the world of business today, relocation has become an integral part of companies' strategic development. This topic becomes especially relevant for Ukrainian entrepreneurs amid complex political and economic conditions. The process of relocating a business abroad requires careful analysis, strategic planning, and consideration of numerous factors.
In this article, we will focus on the methods and resources that enable effective verification of American companies, including the use of the US company registry. We will explore the tools and processes necessary for analyzing corporate activity, financial status, and other key aspects of business operations in the United States.
We would like to highlight the changes in US corporate law that came into force at the beginning of 2024. Thus, under the new Corporate Transparency Act (CTA), companies registered in the United States must now submit information about their beneficial owners in the form of a report to the Financial Crimes Enforcement Network (FinCEN).
Operating a business in the United States involves going through various administrative processes, and obtaining the appropriate identification numbers is a key step for business owners.