FAQs

If you have any questions about AWE Global's services, please refer to the frequently asked questions below for detailed and helpful information.

1. What is an LLC? Why is it so popular in the US?

An LLC (Limited Liability Company) is a business entity type in the US that allows owners to protect their personal assets from the business’s debts and obligations. An LLC combines the advantages of a corporation (such as limited liability) with the advantages of a partnership (such as tax benefits). This is why LLCs are so popular for the flexibility and legal protection they offer.

2. What is an LTD?

LTD stands for “Limited,” meaning a limited liability company. This means the liability of members or shareholders for the company’s debts is limited to the amount they have invested or committed to invest in the company.

This is a business formation type with a simple procedure and relatively optimized taxation compared to forming a company in other EU countries.

3. What is an EIN? How do I apply for an EIN for my business?

An EIN (Employer Identification Number) is a business tax ID number issued by the IRS. To apply for an EIN, a business can register online on the IRS website, or submit an application by mail, fax, or phone.

To simplify the process and ensure everything is done correctly, you can contact AWE Global. We provide comprehensive support, from preparing documentation to filing the EIN application, helping you get your business tax ID quickly without worrying about complicated steps.

4. What is an ITIN? How do I register for an ITIN in the US?

An ITIN (Individual Taxpayer Identification Number) is a personal tax ID issued by the IRS to individuals who are not eligible for a Social Security Number (SSN). To apply for an ITIN, an applicant needs to submit Form W-7 to the IRS along with documents proving identity and residency status, such as a passport or driver’s license.

To make the ITIN application process smooth and avoid unnecessary mistakes, you can contact AWE Global. With our professional service, we’ll support you from document preparation to filing, helping you complete the process quickly and accurately.

5. What’s the difference between ITIN and EIN?

An ITIN (Individual Taxpayer Identification Number) is a tax ID for individuals who aren’t eligible for a Social Security Number (SSN), while an EIN (Employer Identification Number) is a tax ID for businesses. ITIN is used for individuals, while EIN is used by organizations and businesses for tax filing and business transactions.

6. What is a trademark? What signs indicate a product has trademark protection?

A trademark is a distinctive sign, name, or symbol used to distinguish a business’s products or services from those of other businesses. A trademarked product usually carries the ™ symbol (for an unregistered trademark) or ® (for a registered trademark).

7. How do I register a trademark for my business?

To register a trademark, a business needs to check the trademark’s availability, then prepare and file an application with the US Patent and Trademark Office (USPTO). This process is relatively complex and individuals outside the US cannot file it themselves.

If you find this process too complicated or don’t have time to handle it, AWE Global can help. With our experience and expertise, we’ll support you from checking trademark availability, preparing documentation, to filing the application, ensuring everything is done quickly and accurately.

8. What is copyright? Which is more important, trademark or copyright?

Copyright is the legal right protecting creative works such as literature, music, art, and film. Which matters more between trademark and copyright depends on the intended use: trademark protects a brand, while copyright protects creative content. Both are important, but in different areas.

9. What is a DUNS number? How do I register for a DUNS number in Vietnam?

A DUNS number (Data Universal Numbering System) is a unique 9-digit number used to verify a business’s information. To register for a DUNS number in Vietnam, a business needs to visit the Dun & Bradstreet website, complete the online registration form with business information, and then wait for approval. This process can take a few weeks.

However, with AWE Global, you only need to send us the necessary information and wait about 1 week to get a DUNS number for your business.

10. What role does the FDA play in regulating products in the US?

The FDA (Food and Drug Administration) is the agency that regulates food, pharmaceutical, cosmetic, medical device, and many other products to ensure they are safe and effective for consumers. Businesses must comply with FDA regulations for their products to be allowed on the market.

Still have questions?

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