Doing Business in the United States

December 21, 2023

The U.S. is one of the easiest jurisdictions in the world in which to do business. Regulatory barriers are generally low, establishing a branch or business entity is quick and easy, labor and employment laws are much more employer-friendly than in most other developed economies, and the legal system is well-developed and transparent. However, there are certain barriers to entry and challenges to doing business that should be taken into account before investing or establishing operations in the U.S.

Maryland is a natural gateway to the U.S. Located in the Mid Atlantic, the state is easily accessible by direct flights from Europe and is on a rail line that connects it to Washington, D.C., Philadelphia, and New York. It is also home to 55 universities and has a highly-educated work force. Commuting distances are short compared to regions, and there is attractive housing and good schools. The state is also the home to more than 15,000 life sciences and technology companies.

The Biden administration has made efforts to reshape the American economy by implementing lucrative new tax breaks and other incentives for advanced manufacturing. For example, the foreign derived intangible income (FDII) provision, reduces the effective corporate tax rate to 13.125% through 2025 (16.406% thereafter) on certain income earned by a U.S. corporate taxpayer from foreign sales and services. Incentives such as the FDII provision further emphasize the support and opportunities to do business in the United States. To learn more about the incentives available in the State of Maryland, click here.

Kelly Hardy

We use cookies to analyze website traffic and optimize your experience. By accepting our use of cookies, your data will be aggregated with all other user data. We use Google Analytics and other services to track and report website traffic. For more information on how Google Analytics handles user data, please refer to Google's privacy policy.