Flowchart of applying for ASI account
Step 1: Register U.S. company registration (15-20 days)
Find a U.S. accountant to register the company in the U.S., apply for a tax number, bank account, rent an office, and install a phone. Registered company content includes: company registration information, federal tax number, company employer information number (EIN)
Step 2: U.S. Federal Tax File Number Application: (3-5 days)
New York State takes about 5 working days, California takes 3 weeks, and some tax-free states such as Delaware take 2 weeks. To apply for the association, you first need to have a US company, and if you have a US company, you must have a registered address in the US (used to receive checks). With a registered address and bank account, you can apply for American ASI
Step 3: Opening an account at Huamei or Cathay Pacific Bank: (20 days)
There are chase/bank of america/wells fargo for local banks in the United States. In the U.S., you can only use the Chinese identity as Huamei or Cathay Pacific banks. Basically, there are more Huamei banks. There are not many branches of these two. In the past, at least one was required. Hours, you need to run a long distance, we estimate the cost of 500 US dollars per month. If you have a lot of checks, we can deposit them together. Anyway, we can't withdraw the money. East West Bank EWB is the only U.S. commercial bank account I know that I can make an appointment in the United States and I sign in the mainland. But: this bank defaults to high-risk customers for e-commerce companies and auto import and export companies. If e-commerce companies need to open a US account with East West Bank, 1. The company name cannot reflect e-commerce2. You have to compile a statement to explain the business of your American company (it has nothing to do with e-commerce and automobile import and export) so that you can make an appointment for you, and you can sign it in the mainland. Otherwise, you still need to open an account with a client in the U.S.
Step 4: Apply for American ASI (custom)
Another important point is that to build this platform, an office is necessary. When many people started to consult with me, they were puzzled and asked me why I have an office because you applied for a local company in the United States. How to prove that there is no office? Is it a company operated by the United States? If you use a Chinese address, you can apply for the China site. There is no need to do the U.S. site. Since you want to apply for the U.S. station, you need to be a localized company. This office can use a home address or an office building. Generally, we rent a small room in a commercial area, which can be two or three people. Of course, it’s best if you can provide a U.S. address yourself. Although we are a service company to make money, we will also consider our customers for long-term cooperation in the future. If you have friends in the U.S., provide the address for you. This can save costs.
