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Frequently Asked Questions
Go Biz is dedicated to providing entrepreneurs worldwide with the tools and resources they need to legally establish their business in the United States. Our FAQ section aims to address common inquiries about forming and succeeding in business, helping you navigate the complexities of entrepreneurship with confidence.
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What other services does Go Biz offer besides helping me start my business in the United States?Depending on the plan you choose, we can help your business thrive. Whether you need assistance with opening a business bank account in the United States or access information to securing funding for your business, we've got you covered. We believe that our success is directly tied to your success, so at Go Biz, we are committed to helping you become a successful business in the United States.
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What are an EIN, SSN, and ITIN and what are the differences?Curious about EINs, SSNs, and ITINs? Let's break it down! An EIN, or Employer Identification Number, is like a social security number for your business. It's necessary for opening business bank accounts and dealing with the IRS. Now, onto SSNs. A Social Security Number is issued by the Social Security Administration to identify US citizens, permanent residents, and temporary nonimmigrant workers. Last but not least, we have ITINs. An Individual Taxpayer Identification Number is given by the IRS to folks who need to file taxes in the US but aren't eligible for an SSN. Hope that clears things up for you!
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Why start a business in the United States?The United States boasts the largest market in the world. Depending on where you live, you could potentially earn up to six times your current currency by earning in US dollars. The possibilities are endless when it comes to growing a business in the United States, and Go Biz is here to assist you every step of the way.
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Will the company be under my name or Go Biz?The company will be fully owned and managed by you or your business partners. Go Biz will handle hard and boring stuff all the formation, filing, and preparation on your behalf.
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What is the difference between an LLC and a Corporation? Which one should I pick?If you want to protect yourself from liability and have some flexibility (like less admin work and tax options), then an LLC is a solid pick for new businesses. Plus, they're generally easier to keep up with. ​ If you have investors or shareholders, or if you're planning to raise capital and take your company public, a C Corporation is a great option. US investors typically prefer investing in C Corporations when providing venture capital. Hint: We suggest you start with an LLC and grow it into a Corporation.
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What is the overall process and how long does it take?1. WE LEGALLY FORM YOUR LLC AND GET YOUR UNITED STATES ADDRESS (APPROX 1 TO 2 WEEKS DEPENDING ON THE STATE NEW MEXICO AND WYOMING ARE THE FASTEST) 2. WE LEGALLY APPLY FOR AN EIN NUMBER FROM THE IRS. THIS IS NEEDED FOR A BUSINESS IN THE UNITED STATES (APPROX 2 WEEKS) 3. WE APPLY FOR YOUR UNITED STATES FDIC SECURED BUSINESS BANK ACCOUNT (APPROX 1 WEEK) 4. YOUR UNITED STATES BUSINESS WILL BE READY, FOR YOU TO MOVE FORWARD WITH YOUR AMERICAN DREAM
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Do I need to be a U.S. citizen to use Go Biz Services?Nope! We collaborate with entrepreneurs worldwide to help them start their businesses. We take care of all the messy paperwork, so you can focus on running a successful business.
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How do I add a new question & answer?To add a new FAQ follow these steps: 1. Manage FAQs from your site dashboard or in the Editor 2. Add a new question & answer 3. Assign your FAQ to a category 4. Save and publish. You can always come back and edit your FAQs.
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How do I edit or remove the 'Frequently Asked Questions' title?You can edit the title from the FAQ 'Settings' tab in the Editor. To remove the title from your mobile app go to the 'Site & App' tab in your Owner's app and customize.
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Can I insert an image, video, or GIF in my FAQ?Yes. To add media follow these steps: 1. Manage FAQs from your site dashboard or in the Editor 2. Create a new FAQ or edit an existing one 3. From the answer text box click on the video, image or GIF icon 4. Add media from your library and save.
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