Entrepreneurship Surge in the U.S.: Millcorn Expands to Miami Amid Record LLC Registrations

Entrepreneurship is booming in the United States over the last few years. The number of fresh applications filed to register brand new LLCs or Corporations has doubled. The number of applications increased in 2024 compared to other years. The total number of new companies incorporated within the last year came up to 5M according to the U.S. Census Bureau.

The increase of applications for new companies means that people are looking to move from classic employment to an independency from employers. 

People now try to combine their employment whilst having a passive income from their own companies that gives a better financial vision and strategy.

A proper registration helps ensure compliance with local laws and regulations, minimizing the risk of legal issues down the line. In summary, registering a company is not just a bureaucratic step; it's a foundational move that can significantly influence the long-term success and viability of the business.

Anton Levy who is a director of Millcorn - a New York based legal and consultancy company, believes that a bigger number of independent businesses could make a positive impact on a taxation climate in the country. 

“One of the businesses we focus on is new LLC and Corporations registration across the country. I can definitely see an increase in number of new companies being registered for the last couple of years. And we can see more and more single member LLCs. When a person decides to register even a single member LLC, it tells about a transparency in paying taxes and staying within a legal terrain”, - says Anton Levy. 

One on a biggest advantage is that Millcorn has been serving a Jewish community in New York for years.

Millcorn recently announced the expansion with the opening of a new office in Miami, Florida. 

This strategic move marks an exciting chapter in Millcorn’s history, allowing them to better serve clients and especially a Jewish community and to expand their reach across the country.

“Today Millcorn has offices in New York and in London, UK. We are excited to bring our expertise and dedication to excellence to Florida and look forward to build a strong relationship with the local community and especially with the Jewish community”, - says Anton Levy. 

Millcorn’s new office in Miami will focus on business registrations, certified translations and notary, individual and corporate tax preparations and other business services such as annual reports, virtual offices and consultancy. 

“Registering a new company is a crucial step for any entrepreneur looking to establish a legitimate and sustainable business. First and foremost, business registration provides legal recognition, offering protections against personal liability, which means that owners are safeguarded from debts and liabilities incurred by the business. Additionally, a registered company can access various funding opportunities and grants and benefits from tax incentives, which are often unavailable to unregistered entities”, - says Anton Levy.

If you are looking to get an exceptional service and a guaranteed quality, please contact Millcorn at (212) 417-9950 for their New York office, (305) 432-5555 for their Miami office or just drop them an email to [email protected] or visit their website www.millcorn.com for a free consultation.