Pennsylvania is a state located in the Northeastern, Great Lakes, Appalachian, and Mid-Atlantic regions of the United States. It is bordered by Delaware to the southeast, Maryland to the south, West Virginia to the southwest, Pennsylvania to the west, Lake Erie and the Canadian province of Ontario to the northwest, New York to the north, and New Jersey to the east.
The capital of Pennsylvania is Harrisburg. Pennsylvania has a total area of 46,055 square miles (119,283 km2).
In 2019, the real GDP of Pennsylvania was about 728.02 billion USD. Gross state product (GSP) of Pennsylvania was $803 billion, ranking 6th in the nation.
Pennsylvania has long been considered a predominantly agricultural state, but it has grown into an industrially diverse economy, with business and growth opportunities available in different industries. Some of the state’s major industries are broadcasting and telecommunications, administrative and support services, health care services and construction. Other primary sectors include chemical manufacturing, coal mining and food products.
| Limited Liability Company (LLC) | Corporation (C- Corp and S-Corp) | |
|---|---|---|
| Corporate Tax Rate | Pennsylvania's corporate net income tax has a flat rate of 9.99% (this makes it one of the highest corporate tax rates in the country). | |
| Company Name | The LLCs’ name must contain the words “Limited Liability Company,” “LLC” or “L.L.C.” The proposed name must be unique and available in Pennsylvania. | The corporations’ name must contain the words "Corporation," "Incorporated," "Limited," "Company" or an abbreviation thereof. The proposed name must be unique and available in Pennsylvania. |
| Board of Directors | Minimum of one manager & member required for an LLC. Pennsylvania has no age and residency requirements for managers/members. The members’ names and addresses are not required to be listed in the Articles of Organization while the managers’ information is required. | Minimum of one director & shareholder required for a corporation. Pennsylvania has no age and residency requirements for directors/shareholders. The directors & shareholders’ names and addresses are not required to be listed in the Articles of Incorporation. |
| Other requirement | Decennial Report: LLCs in North Carolina are required to file an Annual Report. The due time is by the years ending with a “1” (2011, 2021, 2031, etc.). Registered Agent: A Pennsylvania registered agent accepts tax and legal documents on behalf of your business. Employer Identification Number (EIN): The unique nine-digit EIN number allows the Internal Revenue Service (IRS) to identify businesses for tax reporting. | Decennial Report: Corporations in North Carolina are required to file an Annual Report. The due time is by the years ending with a “1” (2011, 2021, 2031, etc.). Stock: In the Articles of Incorporation, corporations must list the authorized shares. Registered Agent: A Pennsylvania commercial office provider – also known as a Pennsylvania registered agent – accepts service of process and other legal notifications on behalf of Pennsylvania businesses. Employer Identification Number (EIN): The Internal Revenue Service (IRS) has specific, established rules that determine when you need to apply for an EIN for your business. |
You will receive soft copies of necessary documents including Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc. Then, your new company in Pennsylvania is ready to do business. You can bring the documents in the company kit to open a corporate bank account or we can help you with our long experience of Banking support services.
| Limited Liability Company (LLC) | From US$ 599 | |
| Corporation (C- Corp and S-Corp) | From US$ 599 |
| General Information | |
|---|---|
| Type of Business Entity | Limited Liability Company (LLC) |
| Corporate Income Tax | Yes – 9.99% |
| British Based Legal System | No |
| Double Tax Treaty Access | No |
| Incorporation Time Frame (Approx., days) | 2 – 3 working days |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | Yes |
| Standard Authorized Capital/Shares | N/A |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | Yes |
| Local Meetings | No |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | Yes |
| Annual Requirements | |
|---|---|
| Annual Return | Yes |
| Audited Accounts | Yes |
| Incorporation Fees | |
|---|---|
| Our Service Fee (1st year) | US$ 599 |
| Government fee & Service charged | US$ 450 |
| Annual Renewal Fees | |
|---|---|
| Our Service Fee (year 2+) | US$ 499 |
| Government fee & Service charged | US$ 450 |
| General Information | |
|---|---|
| Type of Business Entity | Corporation (C-Corp or S-Corp) |
| Corporate Income Tax | Yes – 9.99% |
| British Based Legal System | No |
| Double Tax Treaty Access | No |
| Incorporation Time Frame (Approx., days) | 2 – 3 working days |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | Yes |
| Standard Authorized Capital/Shares | N/A |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | Yes |
| Local Meetings | No |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | Yes |
| Annual Requirements | |
|---|---|
| Annual Return | Yes |
| Audited Accounts | Yes |
| Incorporation Fees | |
|---|---|
| Our Service Fee (1st year) | US$ 599 |
| Government fee & Service charged | US$ 600 |
| Annual Renewal Fees | |
|---|---|
| Our Service Fee (year 2+) | US$ 499 |
| Government fee & Service charged | US$ 600 |
| Services and Documents Provided | Status |
|---|---|
| Agent Fee | |
| Name Check | |
| Preparation of Articles | |
| Same-day Electronic Filing | |
| Certificate of Formation | |
| Digital Copy of Documents | |
| Digital Corporate Seal | |
| Lifetime Customer Support | |
| One Complete Year (12 Full Months) of Pennsylvania Registered Agent Service |
| Certificate of Incorporation | Status |
|---|---|
| Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. | |
| Submission of application to the Registrar of Companies |
To incorporate a Pennsylvania company, the client is required to pay the Government Fee, US$ 450, including
| Services and Documents Provided | Status |
|---|---|
| Agent Fee | |
| Name Check | |
| Preparation of Articles | |
| Same-day Electronic Filing | |
| Certificate of Formation | |
| Digital Copy of Documents | |
| Digital Corporate Seal | |
| Lifetime Customer Support | |
| One Complete Year (12 Full Months) of Pennsylvania Registered Agent Service |
| Certificate of Incorporation | Status |
|---|---|
| Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. | |
| Submission of application to the Registrar of Companies |
To incorporate a Pennsylvania company, the client is required to pay the Government Fee, US$ 7,000, including
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