Delaware Company Formation Services for Non-Residents

As an international foreign investor seeking a favourable business location, you may want to consider Delaware a state in the United States. This state is known for its offshore centre status and favourable taxation system. While there are no specific requirements for establishing an offshore company in Delaware, it is important to adhere to state and federal Law. One option for setting up an offshore company in Delaware is to create a limited liability company (LLC), which can be beneficial for both US residents and non-residents. Our agents, who have extensive experience in helping entrepreneurs from around the globe incorporate offshore companies in Delaware, can provide complete support and guidance with regard to document preparation.

Main requirement for setting up offshore in Delaware

An individual who wishes to start a business in the United States may consider forming an offshore company in Delaware, which offers various tax benefits. For example, non-residents working for an offshore corporation in Delaware may not be subject to value-added tax (VAT), personal income tax, or other levies. To form an offshore corporation in Delaware, the following requirements should be considered:

• It can be set up by at least one shareholder.
• The accepted name of the business must end with the termination LLC or Limited Liability Company.
• You must prepare the Articles of Association.
• You must appoint a registered agent for your LLC in Delaware.
• The LLC may have a bank account.

In addition to the initial setup, maintaining compliance is crucial for keeping your Delaware LLC in good standing. Here are the key compliance requirements:

• Registered Agent: All Delaware LLCs must maintain a registered agent, ensuring a local address and the enlistment of service of process.
• Annual Franchise Tax: LLCs registered in Delaware are required to pay an annual franchise tax of $300. The due date for this tax is typically on or before June 1st each year.
• Annual Report: Unlike other business entities in the United States, Delaware LLCs are not required to file an annual report, simplifying the ongoing compliance process.

An offshore company in Delaware can be established in privacy, as they are not subject to public disclosure. Understanding these compliance requirements is essential for anyone considering this business structure. Additionally, when starting a business in the US, it is important to have a thorough understanding of the legislation of the specific state where the business will be located, such as Delaware. Foreign entrepreneurs are allowed to form businesses in Delaware.

Registration of an offshore company in Delaware for non-residents

Non-residents (Foreigners) interested in registering an offshore company in Delaware do not need to reside in or visit the state to do so. However, there are certain restrictions on who can form an offshore company in Delaware, including individuals from certain countries such as Russia, North Korea, Cuba, Syria, and Iran.

Non-residents can choose from various business structures, including a LLC, limited partnership, or non-profit corporation, to form an offshore company in Delaware without being registered as residents in the state. Our local agents can assist with the necessary paperwork and guide you through the process of working with the relevant authorities.

There are many options available for international entrepreneurs looking to do business in the United States. If you are considering starting a company in the US, we recommend working with our specialists to understand the necessary formalities, including drafting and submitting articles of incorporation, opening a bank account, and obtaining a tax registration.

Setting up a branch in the US can take approximately 3-5 weeks, during which time the necessary documents will be prepared, including articles of incorporation, and a bank account will be opened. The process of obtaining a business license will also be started. It is worth noting that the management of the company does not have to be local, so you have the freedom to choose regardless of your country of origin.

Duties of a Registered Agent in Delaware

As previously mentioned, an offshore company in Delaware must have a registered agent, who is responsible for a number of duties, including handling the company’s registration formalities in the state. Some of the other duties of the registered agent includes managing the necessary documents for the company and presenting them to the Delaware Division of Corporations and/or the Secretary of the State of Delaware.

The registered agent is the point of contact for any legal action taken against the offshore corporation in Delaware.

Delaware is an attractive location for limited liability companies due to its favourable tax system, which includes a 0% corporate tax rate. It is also possible to set up an LLC with just one shareholder and a minimum share capital of USD 1. Additionally, shareholders do not need to reside in Delaware. Contact us to learn more about the benefits and requirements of Delaware offshore company registration.

Key Characteristics of a Delaware Offshore Company

Foreign investors often prefer offshore companies in Delaware due to the numerous benefits they offer, including a favourable tax system. Some key features of Delaware offshore companies include::

• 0% corporate tax rate and other favorable tax provisions.
• Registered office in Delaware required.
• Registered agent needed.
• Registration of a limited liability company, as the optimal structure for offshore.
• Confidentiality of shareholders and directors.
• The minimum share capital is USD 1.
• Can be set up with just one shareholder.
• At least one director is needed, regardless of nationality.
• Company secretary required.
• No public access to accounting documents.
• Filing annual returns is required.
• 0% tax rate on royalty payments and distribution.
• No auditing requirements.
• Business operations must be conducted outside Delaware.

It is important to note that offshore companies in Delaware must maintain accounting records, even if an audit is not required. Additionally, the process of forming a Delaware offshore company typically takes about 7 days.

The Advantages of an Offshore Company in Delaware

Delaware is a popular choice for foreign entrepreneurs to start a business due to its favourable legislation for both local and foreign businesses. There are several benefits to consider when deciding to open an offshore company in Delaware, including:

• an offshore in Delaware can be 100% foreign-owned;
• the general meeting of the owners can be organized anywhere, not only in the state;
• there is no maximum number of shareholders allowed for creating an offshore;
• there are low registration fees for LLCs in Delaware;
• the assets of the owners are protected in case of company liquidation or bankruptcy;
• the identity of the owners is confidential;
• the offshore company in Delaware is ready in seven working days.

To get started, just fill out our online form, upload the required documents, and leave the rest to us. We’ll handle all the registration details for your offshore incorporation with the Corporate Registry. This includes providing digital copies and completing tasks such as:

• Checking and reserving a company name
• Preparing all registration forms
• Preparing your company constitution (memorandum & articles)
• Filing with the Corporate Registry
• Preparing digital corporate Docs
• Preparing corporate Resolutions

Incorporating Your Company in Delaware: A Step-by-Step Guide

1. Create Your Orders
   Begin by entering our online order platform for a seamless onboarding experience. You can tailor your orders with various packages and additional services that align with your goals. Rest assured, all information is secured over a 256-bit encrypted line.

2. Make Payment
   Choose from flexible payment options including Visa, MasterCard, American Express, or Bank Transfer. Once payment is complete, you’ll receive a checklist of required information for Delaware company registration.

3. Collect and Verify KYC Documents
   After payment, our customer service will reach out to assist with the necessary paperwork. You’ll be guided through preparing documents for incorporation in Delaware via a KYC online form. Additionally, access our digital Client Portal to proceed with incorporation steps and monitor the process anytime, anywhere.

4. Finish the Company Registration
   Electronic documents will be ready within 2 working days of company formation, and the original kit will be couriered to you within 3-7 days.

Transparency is vital to us, which is why we want to make you aware of the government fees associated with registering your company. These include a name search fee and a government registration fee.

By integrating these steps into your incorporation journey, you ensure a smooth and efficient process tailored to meet your needs while keeping you informed at every stage.

Comprehensive Guide to KYC Documents for Delaware Company Formation

When forming a company in Delaware, verifying the identity of individuals and corporate entities is crucial. Here’s a detailed breakdown of the Know Your Customer (KYC) documents you’ll need to prepare:

For Individuals
To ensure the legitimacy of individuals involved in the company, such as Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and contact persons, the following documents are required:

Identity Verification

• Passport Copy: A certified true copy of your passport, valid for at least six months.
• Contact Details: Your email address and phone number.
• Professional Background: A detailed Curriculum Vitae (C.V.), Resumé, or a comprehensive LinkedIn profile.

Address Confirmation

• Certified Address Proof: This can take the form of a bank statement, utility bill, or driver’s license. The document must display your full name and physical address in English, and it must be dated within the last three months. Please remember, P.O. Box addresses are not acceptable.

For Corporations or Entities
To validate the identity of a corporate entity, you must submit both company documents and individual member proofs.

Essential Company Documents

1. Certificate of Incorporation: Proof of your company’s legal establishment.
2. Constitutional Documents: Memorandum and Articles of Association.
3. Director and Shareholder Registers: Listing all the Directors or Managers and Shareholders or Members.
4. Registrar Extract: Provide a detailed extract, such as a Business Profile or a Certificate of Good Standing, dated within the last six months if applicable.

Note: If these documents can be authenticated directly through an official government portal, certified copies might not be necessary.

Member Documentation
Every individual associated with the company, including Directors, Shareholders, UBOs, and contact persons, needs to provide the identity and address documentation as outlined for individuals.

Additional Information
While this list is comprehensive, specific circumstances might require additional documents. For a customized understanding of your KYC requirements, it’s advisable to consult with support teams familiar with Delaware company formation. They can provide tailored guidance to fit your unique situation.