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REGISTERING YOUR BUSINESS IN THE #USA FOR #SRILANKANS! As promised, here is a 🧵 on how you can register your business in the USA and open yourself to a global market of potential customers, accept foreign payments and open a US Corporate bank account!
Please note that since this is a thread, I have simplified the entire process here. There may be a few extra steps, which ARE NOT substantial. Once you go through this, I will host a Twitter Space to answer your questions. And before we start, total cost for this is under $400.
First things first. The actual legislation can get a bit confusing, and there are different types of business entities you can set up. For the sake of simplicity, I will assume most of you are single-owner businesses and SMEs. Therefore, a Single-Owner LLC is the way forward.
There have been increasing cries for President Rajapaksa to step down, but this is not unique to today…
Take a look at how in 1953, the Ceylonese Hartal brought down PM Senanayake and his UNP government…
#srilanka #history #lka #EconomicCrisisLK #srilankaprotests #GoHomeGota
Take a look at how in 1953, the Ceylonese Hartal brought down PM Senanayake and his UNP government…
#srilanka #history #lka #EconomicCrisisLK #srilankaprotests #GoHomeGota
In the 1952 elections, the UNP, led by Dudley Senanayake, won a majority in Parliament. However, in 1953, things went downhill as Sri Lanka slumped into economic crisis after the boom from the Korean war came to an end.
However, the government response was seen as detrimental to the situation as subsidies on rice were lifted and social welfare spending was cut. The prices of basic commodities rose and Finance Minister J. R. Jayewardene even telling people to just “Grow your own food.”
