Case Study: How a Bangladeshi eCommerce Company incorporated an LLC in the US and kicked off its success with customers
Extend Buy LLC is an online retailer.
Extend Buy creates value for its customers by selecting the right products, providing excellent discounts, and a secure online payment method.
They are also a consumer-centric organization that meets their customers’ needs while maintaining competitive pricing.
How It all started
Abdur Rab Akhond, Founder & CEO at Extend Buy LLC has always wanted to launch an ecommerce business for a long time, but has always run into one roadblock or another when operating from Bangladesh.
One of the biggest challenges he encountered was entering the US market without having a US entity. He always thought the process of creating a US entity was cumbersome and expensive - but then he discovered Firstbase.io.
“I had been considering establishing a US LLC for the past three years. As I am Bangaldeshi I thought it would be difficult and expensive for me to open one. When I came to know about Firstbase.io via their website I was really excited. Firstbase really did help with everything I needed to launch my business. They helped me embark on a significant adventure in my life,” shares Akhod.
Setting up a US-based corporation may appear to be a complex, risky, and time-consuming procedure for any foreign founder but with Firstbase.io everything is simplified.
Abdur Rab Akhod was able to form Extend Buy LLC and ultimately launch his firm from the comfort of his home in Bangladesh.
How did we help?
With Firstbase.io, Extend Buy LLC not only gained access to the US market but also to many other benefits including:
- Accepting payments online via Stripe and other payment processors
- Applying to a US-based startup accelerator
- Accessing tax benefits available for foreign-owned companies in the US
- Accessing a specific platform or service (e.g. Amazon)
- Taking advantage of simplified bureaucracy compared to his home country
- Building trust with customers by doing business as a US-incorporated company
- Work on a pathway to immigration
What problems did they face when trying to form a company in the US?
Akhod claims that he has not encountered any problems while incorporating his company - he even jokes that he has slept the entire time while Firstbase.io was doing the work.
He did not imagine it would be so easy to incorporate an LLC in the United States.
Has the solution provided by Firstbase.io helped you accomplish your goals? How?
“Yes, they helped me start a big journey and they were the first step in it. Now, we are growing and we aspire to become a popular e-Commerce company in the United States by providing the best quality service to US online shoppers”, shares Akhod.
“Firstbase.io provides amazing customer service. I've never been concerned while working with them.” Akhod says.
"I was always at ease with Firstbase.io."