The Essential US Business Glossary for Global Entrepreneurs

Navigate the complexities of setting up and managing your US company with ease. Find clear definitions for key terms related to LLCs, C-Corps, EINs, US taxes, banking, and more, tailored for founders worldwide.

Banking & Payments

6

• Stripe
• Mercury Bank
• Paypal
• Wise
• Payoneer

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Business Structures & Entity Types

5

• LLC (Limited Liability Company)
• C-Corp (C-Corporation)
• SMLLC (Single-Member LLC)
• MMLLC (Multi-Member LLC)
• Member (of an LLC)

Compliance & Maintenance

2

• Registered Agent
• Operating Agreement

Formation Process

1

• Articles of Organization (or Certificate of Formation)

Non-US Founders

1

• NRA (Non-Resident Alien)

Taxation & IRS Forms

14

• ITIN (Individual Taxpayer Identification Number)
• EIN (Employer Identification Number)
• SSN (Social Security Number)
• ETBUS (Engaged in a Trade or Business in the USA)
• IRS (Internal Revenue Service)

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