How To Start Export Import Business in COLORADO, How to incorporate in COLORADO, COLORADO tax and registration rules. COLORADO investing opportunities. COLORADO's top export and import goods

How To Start Business in Colorado

The state of Colorado accounts for about 0.5% of US exports. Total export figure in 2018 was 8.32 billion USD. Colorado is the 33rd most exporting country in the US.

Denver, is the capital of Colorado and also the biggest city of the state. The most biggest Colorado campanies also based in Denver. Colorado state have 5,6 million population.

Legislative, executive and judicial bodies in Colorado State continuously update state laws to provide companies with stability and flexibility. In today's economy, where technology is constantly evolving, competition conditions and market conditions change very rapidly, it is vital to keep up with changing conditions rapidly.

The state of Colorado's labor law rules constitute the legal framework for the internal affairs of companies. The Colorado State Supreme Court tries to effectively resolve large-scale legal disputes.

Colorado Aviation & Aerospace Industry

There are 180 aviation companies in Colorado. There are also more than 500 businesses offering products and services related to the aviation industry. As it is known, the state in which the aerospace industry is the strongest in the United States, but in Colorado, the United States is the most employment-creating state in the aviation industry.

Some of the aerospace companies in Colorado are: Ball Aerospace, Boeing, Lockheed Martin, Northrop Grumman, Raytheon, Harris Corp., United Launch Alliance and Sierra Nevada Corp.

Export Import Business in Colorado

Colorado state near 8,32 billion  USD worth products shipped in 2018. Colorado handle %0,3 of USA annual export. Its clear that Colorado have many big companies however  thousands of small business and entrepreneurs handle the state economy.

Before you start an export or/and import business in Colorado, you should start up a company in Colorado or any state in The US. The second option: organize your trade activities from your abroad office anywhere in the world. 

If you plan to build up a company in Colorado, you should check how to incorporating in Colorado. If you dont have an experience about export / import business, our article show you which steps you need to follow in this way.

1.way: You can get support from foreign trade companies as below:

Export management company (EMC) : EMCs usually specialize by foreign market or product type. They handle all steps on behalf of you. If you have a proper product its easy to find and deal with EMC. EMC working style as; commission, salary or retainer plus commission. There işs lots of EMC in all over the US.

Export trading company (ETC) : They are searching the foreign buyers (importers) and match the domestic producers with them. ETC companies works on a commission basis. Many of them focus on sectoral products.

2.way: You can sell your goods directly to abroad

Import / export Merchant : Merchant companies collect the goods from domestic producers and sell them on all over the world with their international contacts or agents. So all risks and charges belong to them. Import / export companies could be located in US or at any foreign country. Its the safe and simple way to work with "exworks delivery term" if you dont want to organize customs clearence or transportation process.

Import / export company : Its the main goal if you want to learn how to do import export business and grow your company. If you want to earn main profit without sharing or commission to reseller, broker of any kind of middleman.


Incorporating in Colorado

If you plan to start any business, the first step is build up a new company in Colorado. So you need to know, how to incorporate in Colorado? our article will be the guide; what you need to do when you start incorporate in Colorado.

Corporate Name: Your company name should be uniq so it cant be same or deceptively similar with any other domestic or foreign. First step you should check your desired company name already registered or not. The its better to check any similarity with wellknown company names. 

The company name should contain; corporation, company, incorporated or limited or an abbreviation of one of these words as corp., ltd...

Trademark: You should register your trademark or service mark if its needed.
Licensing: If you are a member of any occupations, it should be licenced by the State of Colorado

How long does it take incorporate in 
Colorado only accepts an online application  Articles of Incorporation. It could be done in a day. The Secretary of State Office checks your application and investigate the documents. This process takes approx 20 days

You have to prepare the “Articles of Incorporation Requirements” including the following details:

  • Company owner: One or more
  • No need to list any directors in the articles of incorporation.
  • You dont have to residence in Colorado.
  • 18 age requirements
  • You dont need to list any officers or directors in the articles of incorporation.
  • An increase in shares or par value doesn't effect initial fees.

How to Form a Corporation in Colorado

1. Choose a Corporate Name and check if its register or not
2. Prepare a Certificate of Formation 
3. Appoint a Registered Agent in Colorado
4. Set Up a Corporate Records Book
5. Prepare Corporate Bylaws
6. Appoint Initial Corporate Directors
7. Hold Your First Board of Directors Meeting
8. Comply with Colorado Tax Requirements

colorado corporate

Registration Fees in Colorado:

All companies should prepare annual report and also certificate of disclosure for each year.
The annual statements should be done latest at the second month following the Secretary of State report form. The Colorado Secretary of Statement fee is 50 USD

Tax Rates in Colorado State (CA)

Base state sales tax rate: %2,9
Local rate range: %0-8,3
Total rate range: %2,9 - %11,2

Depending on Colorado local municipalities, tax rates could be change between %2,9 to %11,2. Denver is the capital and also the biggest city of Colorado State, Denver tax rate is %8,31 as an expample; Yuma city tax rate is %3

Although there is a standard tax rate of 4.63% in the state of Colorado, different tax brackets are applied depending on the firms' income rates and some other characteristics.

In addition to marginal tax brackets, one of the most important features of Colorado's income tax is the deductions. The three most common taxpayers are Colorado Standard Deduction, Colorado's Personal Exemption and Colorado Dependent Deduction.

Colorado Department of Renevue: 

Colorado Export Products

Colorado exported 8,32 billion USD goods in 2018. Compared to 2017 data, exports increased by 3% in 2018.

When the sectors where Colorado produces the most and the most export sectors are examined, it is seen that beef has a serious place. The amount of meat exported as fresh beef or frozen beef is around 1 billion USD

Colorado main industry are; Agriculture, animal husbandry, manufacturing and mining, the most important sectors of the Colorado economy.
Colorado Agriculture: Wheat, corn, beans, potatoes and sugar beet are important agricultural products.

Colorado Top 5 Export Products

  • Computers and electronic products: 614 million USD
  • Beef cuts (fresh/chilled): 523 million USD
  • Beef cuts (frozen): 406 million USD
  • Medical instruments: 390 million USD
  • Aircraft including engines & parts: 264 million USD

Colorado Top 5 Exporting Country

  • Canada : 1,4 billion USD
  • Mexico : 1,3 billion USD
  • China  : 577 million USD
  • Korea : 440 million USD
  • Japan : 453 million USD



How To Start Export Import Business in COLORADO, How to incorporate in COLORADO, COLORADO tax and registration rules. COLORADO investing opportunities. COLORADO's top export and import goods
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content