Indiana ‘The Hoosier State’ and ‘The Crossroads of America’. Indiana is a North-South oriented state that made it to be a corridor for movement from North to South and East to West.
The city of Indianapolis is the junction of major interstate highways, and serves as the base for many of America’s trucking, connecting Hoosiers to the rest of the United States. Combined with the state’s manufacturing and industrial base, Indiana’s transportation systems continue to keep America on the move.
Indiana has a diverse economy, which has a total GDP of $379.684 billion in 2019 according to U.S. Bureau of Economic Analysis. The state has a low rate of the unemployment rate (3.4%), lower than the national average.
The energy sector, manufacturing, pharmaceuticals, and medical devices, mining, transportation, and agriculture are the biggest industries in Indiana.
Limited Liability Company (LLC) | Corporation (C- Corp and S-Corp) | |
---|---|---|
Corporate Tax Rate | Indiana’s rate decreased to 5.5% on July 1, 2019, and a further reduction to 5.25% is scheduled to kick in July 1, 2020. | |
Company Name | A corporate name must contain the words “limited liability company”, “L.L.C”, or “LLC”. The corporate name may not contain a word or phrase that indicates or implies that the corporation is organized for a purpose other than the purpose contained in its articles of incorporation. A corporate name must be distinguishable upon the record. | A corporate name must contain the words like “Corporation”, “Incorporated”, “Company”, or “Limited”; or abbreviations of these words like Corp., Inc., Co., or Ltd. A corporate name must be distinguishable upon the record. |
Board of Directors | An LLC must have at least one manager and one member. The manager(s)/member(s) can be of any nationality. | A corporation must have at least one shareholder and one director. The shareholder(s)/director(s) can be of any nationality. |
Other requirement | Biennial Report: The LLC must file a Biennial Report in Indiana. The due date for Indiana LLC is by the last day of anniversary month. Registered Agent: A Montana registered agent is a resident or company that maintains a physical address in the state and is willing to accept legal documents on behalf of a business. Employer Identification Number (EIN): An EIN is required for corporations that have employees. Furthermore, most banks will require an EIN if the business owner wants to open a business bank account. | Biennial Report: The corporation must file a Biennial Report in Indiana. The due date for Indiana corporations is by the last day of anniversary month. Stock: The information about authorized shares and the number of shares or par value will be listed in the Certificate of Incorporation. Registered Agent: An Indiana registered agent is appointed by a business to accept on its behalf tax forms, state notices, and legal summons within the state of Indiana. Employer Identification Number (EIN): An EIN is required for corporations that have employees. Furthermore, most banks will require an EIN if the business owner wants to open a business bank account. |
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 Indiana 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 | 5.25% (Subject to change due to State policy) |
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$ 390 |
Annual Renewal Fees | |
---|---|
Our Service Fee (year 2+) | US$ 499 |
Government fee & Service charged | US$ 390 |
General Information | |
---|---|
Type of Business Entity | Corporation (C-Corp or S-Corp) |
Corporate Income Tax | 5.25% (Subject to change due to State policy) |
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$ 380 |
Annual Renewal Fees | |
---|---|
Our Service Fee (year 2+) | US$ 499 |
Government fee & Service charged | US$ 380 |
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 Indiana Registered Agent Service | |
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 an Indiana company, the clients is required to pay the Government Fee, US$ 390, including
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |