Everything worth knowing before you open a US company.

Yes. You do not need an SSN or an ITIN to form an LLC or a C-Corp, and you do not need one to get the company's EIN. Fae asks only for what the filing needs and tells you what each item is for.

An LLC is the simplest way to own a business in the US, and its internal rules go in the Operating Agreement. A C-Corp is a standard corporation, the kind investors usually ask for, and its rules go in the Bylaws. Fae explains the differences and recommends one for your situation, and the decision is yours.

We check the name, file with the state, order the registered agent for the first year and prepare your Operating Agreement or Bylaws. Help opening a bank account comes with every order. The EIN, ITIN, business address and annual report are separate services you choose.

It holds an LLC's internal rules: who owns what percentage and how decisions get made. We draft it from your company file, a person on the team reviews it, and it appears in your dashboard with your other documents. For a corporation the equivalent document is the Bylaws.

Fae is an AI assistant, and she says so if you ask. She is not a lawyer and Fairentity is not a law firm. What cannot be automated is done by a person on the team, and you see the same progress in your dashboard.

Yes. Fae saves every answer in your company file, so when you return you pick up where you left off. Drafts with no activity for 90 days are archived.

Spanish and English. The site detects your browser's language, and Fae answers in the language you write in and switches when you do.

Fae talks with you, explains every term, builds your company file, gives you the quote and prepares the forms. A person on the team reviews the documents and handles whatever is not automated. Fae cannot set prices, mark payments or see other customers' data: those tools do not exist for her.

No. You can start the conversation without an account and the site keeps your progress with a functional browser cookie. To enter your dashboard or pick up from another device you use a code sent to your email, with no password.

In your dashboard. It holds the company's documents, orders, the compliance calendar, billing and the conversation with Fae. Each document appears when it is available.

Yes. The dashboard has a company switcher, and each company has its own file, documents and dates.

Yes, like any artificial intelligence system. Fae gives general information and does not replace a lawyer or an accountant. A person on the team reviews your company's documents.

We are not a law firm or an accounting firm, we do not give legal or tax advice and we do not file tax returns. We also do not open the bank account for you or control what each bank approves. Fae tells you when it is worth consulting a licensed professional.

Wyoming is very common for people living outside the US: filing costs $100 and the annual minimum is $60. Investors usually ask for Delaware when the company is a C-Corp, Florida charges $125 for an LLC, and New Mexico about $50 with no annual report for LLCs. Tell Fae about your situation and she will recommend one.

The state decides, not us. In Wyoming, an online filing makes the company active as soon as it is completed. Delaware usually takes between 1 and 3 weeks, Florida between 1 and 2, and New Mexico anywhere from a few days to a couple of weeks.

Before paying you review a summary and can correct anything. After the filing, changes such as a new name or a different state are not a service we offer yet: tell Fae what you need, she notes it and the team reviews it with you.

Yes. The featured states are Wyoming, Delaware, Florida and New Mexico because they are the ones we feature, but the states page shows fees, timing and yearly costs for all 51, and Fae helps you with whichever you choose.

For an LLC it is the Articles of Organization and for a corporation the Articles of Incorporation. Delaware calls them the Certificate of Formation and the Certificate of Incorporation. Fae prepares them from your company file and files them for you.

You propose the name and we check it against the state's registry before filing anything. Each state has its own naming rules. If the name is already taken we write to you to pick another at no cost.

A Delaware LLC pays an annual tax of $400 on or before June 1 and files no annual report. A corporation pays an annual report of $50 plus a minimum franchise tax of $175 under the authorized shares method, on or before March 1. If you are late there is a $200 penalty plus 1.5% interest per month.

In Wyoming the annual report is due on the first day of the anniversary month. In Delaware, June 1 for an LLC and March 1 for a corporation. In Florida, between January 1 and May 1, with a $400 late fee after that. A New Mexico LLC has no annual report. Fae notes your company's dates and reminds you.

The EIN is your company's federal tax number. When the responsible party has no SSN or ITIN, Fae prepares the SS-4 form for you to sign and we send it to the IRS. That route usually takes 4 to 10 business days.

Not to form the company or to get its EIN. An ITIN is a tax number for you, not for the company, and it is a separate service we prepare with you and a certified acceptance agent if you need it.

If the responsible party has no SSN or ITIN, the application is done on Form SS-4 and usually takes 4 to 10 business days. When the IRS approves, it sends the number in a letter and we place a copy in your dashboard. We tell you when we send the form and when the IRS replies.

It is the person who ultimately owns or controls the company. The application asks for a tax number for that person; if they have no SSN or ITIN, the line is marked as foreign or not applicable and the form goes in on paper.

No. The EIN identifies the company to the IRS and nothing more. It has no relation to a visa, a work permit or residency.

It can happen when something is unclear. We tell you when the IRS replies and work out with you how to correct or complete the form.

The SSN and the ITIN are a person's numbers and the EIN is the company's. To form the company and to get its EIN you need neither of the first two. There is a comparison table on this same page.

Fae walks you through the process and tells you which documents banks usually ask for, such as the EIN and the company papers. That help is included. Each bank decides whom it approves, and we do not control that.

It is an optional service: a US street address for your company, with mail scanning, renewed each year. You can add it to your order or later.

The company's formation documents, the IRS letter with the EIN, the Operating Agreement for an LLC or the Bylaws for a corporation, identification for each owner, usually a passport, proof of address and a description of what the business does. Some banks also want a US business address, a phone number or a video call.

No. We prepare and hand you the documents banks ask for, Fae tells you which they are and where to find them in your dashboard, and that help comes with every order. You open the account yourself with the bank or platform you choose, and each one decides whom it approves.

A decline is not a judgment on your company. Each bank and financial platform has its own rules, fees and countries it serves, and another provider may accept the same case. Keep the name and address identical on the state record, the EIN letter and your identification.

It depends on the state. Wyoming asks for an annual report with a $60 minimum; Delaware charges an LLC $400 a year and a corporation from $225; Florida charges $138.75 for an LLC and $150 for a corporation; an LLC in New Mexico pays no annual fee. After the first year you also renew the registered agent, and your quote shows these costs before you pay.

It is a person or company with a physical address in the state that receives your company's official mail. Every state requires one. We order the first year as part of the formation and warn you before the next one expires.

It is a document many states require to keep a company active, sometimes with a fee or a tax. Fae notes each date and reminds you 60, 30 and 7 days before. If you want, we prepare and file the report, and the state fee is charged at cost.

It is an information return the IRS usually asks of US companies with foreign owners, and it is filed even if the company had no income. Not filing it can lead to penalties. We do not file tax returns, so Fae reminds you it exists and recommends reviewing it every year with an accountant who works with foreign-owned companies.

That depends on your case and your country, and Fairentity does not give legal or tax advice. Fae gives you general information about the obligations that exist and, if your situation needs it, can refer you to a licensed professional.

FinCEN permanently exempted US-formed companies from BOI reporting, with a final rule in effect since August 14, 2026. The rules have changed several times, so we do not offer it as a service, and it is worth confirming with a professional if your case has anything unusual.

By email, 60, 30 and 7 days before each due date, with a link to your compliance calendar. From there you press Renew or File and a new order is created for that obligation.

No. There are no subscriptions or automatic charges. When a renewal is coming, like the registered agent or the annual report, we remind you and you decide whether to pay it.

It depends on the state. Delaware charges a $200 penalty plus 1.5% interest per month and Florida charges a $400 late fee after May 1. In general, missing deadlines can cost the company its good standing and, eventually, lead the state to dissolve it. That is why Fae reminds you in advance.

The usual order is to get the EIN, sign the Operating Agreement or adopt the Bylaws, open a bank account in the company's name and check whether you need local licenses or registrations. Keep copies of everything in one place and use the company account for its income and expenses. The guide After you form your company walks through it step by step.

Your payment has two parts: the state fee, which we charge at exact cost with no margin, and Fairentity's service fee. You see them separately in your quote, and we charge nothing until you have seen the total.

If we have not yet filed anything with the state, we refund the full service fee. State fees that have already been paid are not refunded. If the name you chose is taken, we contact you to pick another at no cost.

By card through Stripe, in a single payment. There are no subscriptions or automatic charges. When a renewal gets close we send a reminder and you decide whether to pay it.

State fees, providers and operating costs are covered first. What is left after costs is donated to humanitarian and animal aid in Venezuela, and each month we publish a ledger with income, costs and donations.

No, it is a company. What we charge covers state fees, providers and operations, and what is left after costs goes to humanitarian and animal aid in Venezuela. This does not change the price you pay or promise any tax treatment.

Every month we publish a ledger with revenue, costs and donations, and we keep the receipts. You can see it in full on the mission page.

We have not announced organizations yet. We will announce them on the mission page when the first donation goes out, and we do not name recipients before then.

Nothing is charged until you have seen the total. Before paying you review a summary with the state fee and Fairentity's service fee separately, you can correct anything, and payment is by card, once, through Stripe.

Numbers such as an SSN, ITIN, passport or date of birth are never typed in the chat: Fae opens a private form that stores them encrypted and does not send them to the AI model. They are shown to the team only when a task needs them, and each access is logged.

The SSN or ITIN, the passport number and the date of birth. When they are needed, Fae opens a private form: the value goes straight to encrypted storage and she does not see it. If you type one in the chat by mistake, Fae does not repeat it and opens the form for you.

Sensitive data is stored encrypted field by field and is only decrypted in the internal panel when a task needs it, by pressing Show. Every read leaves an audit record. It is never written into emails, logs or tasks.

A draft with no order and no activity for 90 days is archived, and its sensitive data is deleted at that point. If you come back sooner, you pick up where you left off.

Yes. Tell Fae or write to privacy@fairentity.com. A privacy request is opened, we confirm your identity by email and export or delete the data as you ask. Documents of companies already formed are kept while the account exists.

No. We only use functional cookies, like the one that keeps your progress in the conversation, and there are no third-party trackers. The site's analytics do not use cookies.

With whoever is needed to deliver the service: the state and the IRS for filings, the providers that submit paperwork, Stripe for payment, the provider of the artificial intelligence model to process the conversation and Cloudflare to host the site. Sensitive numbers are not sent to the artificial intelligence model.