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What is Openbiz?
Key Features
Online incorporation filing
Submit company formation documents directly through the platform for U.S. state registration
Compliance management
Receive reminders and guidance for ongoing filing requirements like annual reports and tax documentation
Expert support access
Consult with legal and business advisers to answer questions about formation and operations
Document generation
Automatically create necessary incorporation papers and business formation documents
International payment processing
Handle fees and transactions from non-U.S. bank accounts
Dashboard monitoring
Track application status and compliance deadlines in one location
Pros & Cons
Advantages
- Removes geographic barriers for non-U.S. founders wanting to incorporate in America
- Freemium model allows basic exploration without upfront cost
- Combines formation with ongoing compliance support, reducing need to manage multiple services
- Faster than handling incorporation entirely through government agencies
Limitations
- Limited to U.S. company formation; doesn't help with incorporation in other countries
- Expert support may incur additional costs beyond the core service on higher tiers
- Compliance requirements vary significantly by state; personalised advice may still be necessary for complex situations
Use Cases
A non-U.S. software founder incorporating a Delaware C-corporation to raise venture capital from American investors
An international consultant starting a U.S. LLC for easier client management and tax purposes
A foreign entrepreneur establishing a U.S. presence for product sales while remaining based overseas
A startup founder navigating multi-state tax and compliance obligations after initial incorporation
International business partners co-founding a U.S. entity without travelling to the country