Anguilla Offshore company incorporation : create your offshore business in Anguilla.

Delaware : Company

In October, 1991, Delaware approved the legislation which enables the formation of a Delaware Limited Liability Company (LLC).

 

Delaware is well known for its General Corporation Law and as an attractive location for company formation. Companies in Delaware known as LLC's, when organized combine the best aspects of a Corporation (a company limited by shares) and at the same time the Limited Partnership.

For an individual or group of persons who wish to own a US company that provides the benefits similar to a traditional Offshore Company (IBC) registered in an offshore Tax Haven, an LLC is ideal. Delaware LLCs are therefore some times referred to as "Delaware offshore companies" or "Delaware companies for non-residents".

 

Features of a Delaware Limited Liability Company

  • A Delaware LLC may be formed by one or more organizer or member. There is no limit on the number of members allowed in a Delaware LLC.
  • A Delaware Limited Liability Company may be fully owned by non-resident persons.
  • An LLC does not issue shares and therefore does not have shareholders. The owners of an LLC are referred to as members.
  • A Delaware LLC is a legal entity, registered with the state, and is treated separate from its members. The Delaware LLC is recognized anywhere in the world as a legally registered US company.
  • Because of the Limited Liability status, the law protects the members (owners) from the debts and other obligations of the LLC. The liability ends with the company therefore any personal assets will remain protected.
  • An LLC may also be owned by Corporations (companies limited by shares), Partnerships, Trusts, Charitable Organizations and Pension Plans.
  • If an LLC derives its income outside of the US, the non-resident aliens do not file tax returns or pay any taxes.

    Members of a Delaware LLC are not liable for tax to the United States providing that:

    • The members are non-resident aliens.
    • The LLC does not employ US residents as permanent staff, or rely on a dedicated place of business within the United States.
    • The LLC does not undertake any business activity that is connected or conducted with business or trade within the United States.
  • The Management of an LLC is usually undertaken by its members. If it is found necessary, an outside manager may be employed and would report directly to the members.
  • The manager (director) of a Delaware LLC can also be a member.
  • There are no statutory requirements concerning meetings of members or record keeping. It is recommended that with two or more members enter into a Members' Agreement .
  • Meetings may be held in any location and in anyway convenient for the members involved.
  • An Annual Report is required. This report should state any distributions of profits to US residents.

 

 

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