Establishing a company in Washington, D.C.
`The U.S. capital of Washington, D.C. is not in fact in the state of Washington (located to the northwest) but in the District of Columbia; it is an exclusive jurisdiction and not subject to any U.S. state. The name “Washington, D.C.” is an abbreviated version of the district. The city itself is situated on the banks of the Potomac River on the East Coast. Its neighbors are Virginia to the southwest, and Maryland on all other borders. In 1790 the decision to establish a capital district that would serve all the federated states of America was made, and the city of Washington was chosen. Named after the first U.S. president, George Washington, the city constitutes an important business and financial center, and also concentrates all activities relating to the incorporation of foreign companies in the district, helped greatly by a moderate tax policy.
The population of the district numbers 650,000 people, although with work commuters during the day this number rises to 1 million. The entire metropolitan area has 5.7 million residents. Washington, D.C. is the site of all three federal branches – Congress (on Capitol Hill), the President (White House) and the Supreme Court, as well as all federal government offices. The city has a variety of national monuments and museums dedicated to the American legacy and to the important people that contributed to building that great nation.