Setting up a US based company and a US bank account is a hassle for non US citizens,
but the payoffs and benefits received cannot be denied.
Benefits of a US Company:
- Build credibility and trust with vendors and customers.
- Easier to sell in the US market.
- Access the capital markets in the US for loans, venture capital, angel investors and public markets.
- May be easier to get a business visa to work or travel in the US.
- Reduce your tax on US-source income.
Benefits of a US Bank Account:
- Reduce fees, when receiving and transferring money with your own US Bank account.
- US bank account is less likely to get suspended like Payoneer/Paypal account.