Since I own a small business (freelancer 1 man company), I can assure that if the idea is just to save money on international merchant account etc, the OP should do more research about cost and benefits. To setup any corporation in the US, there are multiple steps which also include cost. Do not go for the online ads that claim you can setup a company for $100. There are far more things like state filing etc. that are usually not included in those. Not to mention that you will be dealing with one of the most dreaded income tax collectors (a.k.a IRS in the US). I say this having lived in 3 different countries including the US. If you absolutely need a foregin company outside Egypt, look into Asia (Hong Kong or Singapore preferably).