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United States America
Why United States of America?
Located in North America, bordered on the west by the Pacific Ocean and on the east by the Atlantic Ocean, United States of America is the world’s fourth largest country in size and the third largest in terms of population. Official United States of America is abbreviated as U.S. or U.S.A., by the name of America. It consists of 50 states and a Federal District. The country is the world’s greatest economic power, measured in terms of gross domestic product (GDP). Moreover, the wealth of the nation is partly a reflection of its rich natural resources and enormous agricultural output, but it owes more to the country’s highly developed industry. USA plays a leading role in world trade by virtue of the sheer size of its economy and its exports and imports. It continues to sustain an economic life that is more diversified than any other country on Earth, providing the majority of its people with one of the world’s highest standards of living.
Advantages
Consistently ranked internationally best for its overall competitiveness and ease of doing business backed by an effective regulatory environment, U.S. business culture encourages free enterprise and competition with the following factors:
Transparent, stable, and fair legal system
With stable democracy, transparent and predictable legal system, USA treats foreign and domestic firms equally under the US law. Its state and local economic development organizations promote and encourage business growth, while the regulatory system provides predictability and ample operational freedom.
Freedom to choose
The country welcomes enterprises from all over the world and encourages economic growth when a new business is born about every minute. Moreover, from location to business structure, it is entirely up to each investor on how they would like to form their business in the US. While, the procedures for incorporating and registering a business may vary by state/territory. The process is typically straightforward, fast, and inexpensive.
Soft landing programs
For entering in USA, enterprises can utilize soft landing programs which can help them to centralize the resources such as, legal services, accounting, business mentoring, business development resources and facilitate connections with local university clusters and trade associations.
Trade and investment regulations
Global trade policies continue to evolve with changes in commerce, digital trade, and the specific market’s strengths and priority sectors. However, these changes are obligatory and the companies are needed to evaluate their investment decisions based on the global trade environment.
Free trade agreements
Indeed, tremendous benefits have flowed from U.S. free trade agreements (FTAs), which cover 20 countries to avoid double taxation and reduce tax barriers. US FTAs have been doing an outstanding job by making big markets, even out of small economies.