In this case, Delaware isn’t a classic US state but a preferred offshore destination, which means:
This information is kept secret.
An LLC is a well-defined business unit that offers an alternative to stock companies and limited liability companies. The main advantage of LLC is that they associate limited liability to corporate tax. LLC companies established by USA non-residents who don’t carry out their business in the USA, don’t have income from USA sources, don’t employ USA residents, they are not subject to federal taxes, and don’t have to file a tax return.
Delaware LLC / Limited Liability Company provides a fully legal opportunity to avoid paying taxes.
If you put the emphasis on the prestige and image of your company, an LLC is much more elegant in the United States of America. Only a few know that even in the US there is an island of tax freedom, an unnamed paradise, and you can create the image of a prestigious American company. In addition, you can get flexible business management. The fact is that Delaware is home to half of the listed companies on the New York Stock Exchange. 80% of companies that changed their headquarters after 1965 moved to Delaware. Today, there are over 200,000 companies, including the largest US industries. Delaware's popularity has been ensured by flexible, transparent, unambiguous and modern laws that mirror the basic idea that companies can best prosper and grow in the atmosphere of the minimal constraints imposed on them by government agencies. The founders, partners and directors of the company are given a flexible space of freedom in the company’s creation and management. The main advantage is the principle of joint-stock company, limited liability with an important property of American "partnerships" (see law of IRC Section 7701) - profit isn’t taxed at company level. An LLC offers a widely used alternative to other companies of all types.
An LLC's management and business affairs is very flexible. Lots of LLC’s are operated by the "Operating Agreement" "LLC Agreement", the company's management and ownership are governed by this agreement. The agreement isn’t necessarily a public document, which allows maintaining the maximum confidentiality of ownership relations. The agreement may contain arbitrary provisions in the matter, determination of jurisdiction and limitations of a joint stock company, their shareholders, directors, and such provisions won’t be in conflict with the laws of the State of Delaware.
LLC owners (partners) may be individuals, trusts, trading companies, joint stock companies as well as non-residential foreigners, who may participate in corporate governance and business affairs. The company should have at least two partners.
The company must have a registered representative and registered office, address – operation place for consignment acceptance.
General Meetings can be held anywhere. The company name must be publicly accessible as well as the date of foundation, status, the registered address and the name of the company’s registered representative. Company accounting isn’t required - only annual statements on changes in published information and profit and loss statement are reported.
Create a company within 2 days
At least 2 shareholders are needed for the company, the company doesn’t issue shares when it’s set-up, but only registers the basic capital, there isn’t a fixed minimum amount.
You won’t appoint a Board of Directors – partners are appointed for these positions, and these may delegate their powers.
The company may divide its income, profits or losses arbitrarily among its shareholders.
The company name must be verified and approved before the company’s establishment:
It must contain one of the words: "Company", "Association", "Club", "Foundation", "Fund", "Institute", "Society", "Union", "Syndicate", "Limited" or "Trust". Abbreviations are allowed. The name must also include the words "Limited Liability Company" or its abbreviation "LLC".
Protect your property.
With the DELAWARE LLC Package you’ll get:
The following documents will be sent to you by post (Express Mail):
The following documents will be sent to you by e-mail, which you’ll print and sign:
Founding of an LLC in Delaware, USA:
Income tax is 0 (zero rate)
Annual franchise tax 300 USD. Local income is subject to legal entity income tax of 8.7%.
The state VAT rate is 0 (zero rate).
Agreements to avoid double taxation with different countries have been applied, determining the rates of dividend, interest and licence fees.
Bookkeeping. Bookkeeping and account preparation is required.
Tax records need to be kept.
Audit isn’t obligatory.
Anonymity and privacy. Information on the directors (administrators) and shareholders isn’t disclosed in Company Registry.