About Delaware LLC.
Delaware LLC (Limited Liability Company) - is a type of corporate entity in Delaware State (USA) that is formed by one or more members (partners) to conduct business. Delaware LLC has no Directors or Shareholders but rather Members who can also act as Managers to (or appoint non-Member Manager(s)) to perform everyday business duties. Each Member of Delaware LLC holds certain number of shares of the entity and benefits from company profits. Members liability is limited however to the amount of contribution to company.
Taxation in Delaware
Delaware charges no income tax on corporations not operating within the state. In other words, if your company made profit outside of the Delaware State (non resident income), you pay no corporation tax. So taking advantage of Delaware's other benefits does not result in an income tax cost. In general, the state is viewed as a positive location for corporate tax purposes because favorable laws of incorporation allow companies to minimize the corporate expenditures.
See more about Delaware LLC and Stock Corporations...
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Delaware LLC package
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What we need from you to register Delaware LLC ?
- details of at least One Member (natural person or company)
One person (or company) is enough to form LLC and you can have as many Members as you like. Members can be of any nationality and can reside in any country. Company formation can be fully done online without Members' presence.
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For US residents
(including company documents but with your own Delaware address)
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For non-US residents
(including address, agent and all company documents)
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£225
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£325
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In you also need a Bank Account for your company, please, select "Yes, add bank account" in the banking section of the order form after you press the above "Register Now" button.
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What you get for the above price
This complete package includes everything to meet registration requirements and to have your company registered with your own Members (and Managers if required). After registration you'll receive the following:
- Registered address for 1 year (non-US resident package only)
- Registered agent for 1 year (non-US resident package only)
- Certificate of Incorporation
- Partnership Agreement
- Minutes of the first meeting of Members
- Share Certificates
- SS-4 registration form to register for EIN (Employer Identification Number)
Additionally you can order
- Apostiled Certificate of Incorporation
- Apostiled Certificate of Good Standing
- Apostiled Set of all company documents
- EIN (Employer Identification Number) registration
Generally, if you plan to open a bank account outside of the USA, you will need to present Apostiled certificate of Incorporation to the bank and may also be asked for Apostiled Certificate of Good Standing and company documents.
If you order Bank Account from us together with company registration order, our fee for Bank Introduction INCLUDES Apostiled set of company documents and you DO NOT have to order them separately.
Additionally you may wish to order Nominee Member service to maintain complete confidentiality of your identity from general public. Please, specify on the order form.
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Annual Renewal
Every year you have to renew your company to continue trading and to keep your company in Good Standing.
The cost of Annual Renewal is 325 GBP and includes:
- Registered address for the next 1 year
- Registered agent for the next 1 year
- Payment of Franchise Tax on your behalf (you will need to pay a Frinchase Tax of 175 USD separately on top of the renewal fee above)
Additional Charges
If you ordered Nominee services, these have to be also paid for according to your original order every year.
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Why incorporate Delaware LLC (Limited Liability Company) ?
Delaware is well known as a corporate haven. Over 50% of U.S. publicly-traded corporations and 60% of the Fortune 500 companies are incorporated in that state.
Apart from corporation tax regime for non resident profits, one of the best reasons for Delaware LLC (limited liability company) formation is to separate your personal assets from your company’s assets. If you conduct business without using a limited stock company or LLC you place your assets at risk. Putting your personal property aside from your business property and using a legal form such as a Corporation or LLC can help protect your personal property.
Incorporation or formation of a limited liability company also allows you to take advantage of the statutory and judicial laws of Delaware, to help you plan how your business runs.
Delaware State has a separate Court of Chancery (or a business court). The Court does not use juries and the judges are appointed on merit (not elected). Because there are no juries, decisions from the Chancery Court are issued as written opinions. Therefore Delaware has a large body of written legal precedent to rely on.
Favourable Corporate Laws
Delaware’s General Corporation Laws make it the friendliest state in America for corporations and LLCs.
Some other advantages include, but not limited to:
- Delaware’s large body of business laws helps a company plan carefully to avoid a lawsuit.
- Delaware’s Chancery Court oversees matters involving Delaware’s General Corporate Law and has a reputation as one of the finest courts in the country.
- Chancery Court issues decisions without jury trials, so their decisions are written, well thought-out and easy to follow.
- Legal textbooks rely heavily upon Delaware corporate case law to teach law students because of the well written opinions from the Delaware Judiciary, so most American corporate attorneys have studied Delaware corporate law.
- The Delaware Division of Corporations generates a considerable amount of revenue for the State, so they have invested in state-of-the-art imaging equipment, and process new filings very quickly.
- A handful of Delaware registered agents, including TradeFormation, have direct connections to the Division of Corporation’s electronic database, and can file your corporation formation documents electronically.
Cost Effective
The initial charge for incorporating in Delaware can be as low as 225 USD for US residents and as low as 325 GBP for non-US residents. The cost of continuing operations is low as well. There is no Delaware corporate income tax for corporations that are formed in Delaware so long as they do not transact business in Delaware. There may be significant federal tax advantages to incorporating as well.
These are some very good reasons to incorporate in Delaware:
- Different kinds of business can be transacted under one corporate roof.
- Shareholders can act in writing instead of holding meetings.
- You can add people to the board who are not shareholders.
- Corporate records need not be kept in Delaware.
- One person can act as the only officer, director and shareholder of a corporation.
- No Delaware income tax is charged to companies that do not do business in Delaware.
- Delaware has no sales or personal property tax.
- Low franchise tax, $175.00 for Corporations, $300.00 for L.L.C.’s
If you need more details on Delaware LLCs, please, feel free to contact us.
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For US residents
(including company documents but with your own Delaware address)
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For non-US residents
(including address, agent and documents)
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£225
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£325
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Due Diligence (click here to read) |
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Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, to the northeast by New Jersey, and to the north by Pennsylvania. The state takes its name from Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor, after whom what is now called Cape Henlopen was originally named.
Delaware is located in the northeastern portion of the Delmarva Peninsula and is the second least extensive, the sixth least populous, but the sixth most densely populated of the 50 United States. Delaware is divided into three counties. From north to south, these three counties are New Castle, Kent, and Sussex. While the southern two counties have historically been predominantly agricultural, New Castle County has been more industrialized.
The history of the state's economic and industrial development is closely tied to the impact of the Du Pont family, founders and scions of E. I. du Pont de Nemours and Company, one of the world’s largest chemical companies.
Before its coastline was first explored by Europeans in the 16th century, Delaware was inhabited by several groups of Native Americans, including the Lenape in the north and Nanticoke in the south. It was initially colonized by Dutch traders at Zwaanendael, located near the present town of Lewes, in 1631. Delaware was one of the 13 colonies participating in the American Revolution and on December 7, 1787, became the first state to ratify the Constitution of the United States, thereby becoming known as The First State.
Nowadays Delaware is well known as a corporate haven. Over 50% of U.S. publicly-traded corporations and 60% of the Fortune 500 companies are incorporated in that state.
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