Offshore company formation in USA Delaware

INTRODUCTION TO OFFSHORE COMPANY FORMATION IN USA

United States Delaware Limited Liability Companies (US LLCs) still maintain their dominance as the most popular legal entity used in domestic US businesses. In fact, many US LLCs are still used extensively by Western Europeans. US Delaware LLCs with non-resident owners (“members”) and non-US source income are not subject to USA federal income tax. The Delaware LLC owners (“Members”) receive all LLC’s profits, which are then taxed in their country of residence (e.g., the owners can be legal entities from traditional low tax zones, such as Panama). To explain it in “legal jargon”, the US Delaware LLC is a distinct business entity that combines the corporate advantages of limited liability with the partnership advantage of pass-through taxation to its individual owners (otherwise known as “Members”).

Despite no federal taxation, LLC foreign owners must be aware of annual state requirements (although at minimal cost), such as state duties, registered agent fees and submittance of the state annual return.

Company IBC Consulting can assist overseas clients in obtaining tax id numbers (Employer Identification Number), and in preparing and filing annual trading accounts for US Delaware LLCs that trade solely outside of the US. For overseas clients interested in setting up a domestic US business, we can offer consultations on choosing the most appropriate US legal structure and applicable federal and state taxation via our US accounting partners.

ESSENTIALS FOR USA OFFSHORE COMPANY FORMATION

• Delaware offshore LLCs do not have share capital, rather contributions made by the Members to the company (the amount is determined solely by the Members).
• LLC offshore directors are called “Managers”, LLC owners are called “Members”
• Most USA states allow one Manager/Member LLCs which can be non-US resident, private person or corporate entity.
• For most USA states, Manager/Member information is a matter of public record. (Nominees are customary)
• Local USA state registered company agent required
• The registered name of a company must end with the word ``Limited Liability Company’’ or “LLC” to denote limited liability.
• Requirement to obtain a tax id number, prepare and file a USA federal tax return usually applies to LLCs that have US source income, but IBC Consulting highly recommends submitting tax returns for USA LLCs operating solely outside of the USA as well.

FEES FOR OFFSHORE COMPANY FORMATION IN USA DELAWARE

Please contact us for recent USA Delaware company formation prices.

TIME FRAMES FOR USA OFFSHORE COMPANY FORMATION

• Fastest US states including Delaware incorporate LLCs in 2-3 business days (allow 3-5 days for courier)
• Ready-made offshore shelf companies in USA Delaware available on the shelf

FINANCIAL STATEMENTS OF DELAWARE OFFSHORE COMPANIES

If needed, we can prepare year end financial statements for clients based upon approximate number of monthly invoices and projected annual turnover of Delaware registered offshore company. We will submit these to our USA accounting partner to prepare the USA tax return. Note: if the client plans to file a US partnership tax return, two Members will be required.

BANKING FACILITIES AVAILABLE FOR DELAWARE OFFSHORE COMPANIES

For the USA LLC, we can recommend opening an account with banks in Denmark and Cyprus. Please contact us for further details on bank accounts for offshore companies registered in USA Delaware.

VIRTUAL OFFICE SERVICES AVAILABLE FOR COMPANIES REGISTERED IN DELAWARE

Please contact us for further details about virtual office services for offshore companies registered in Delaware.

HOW TO REGISTER AN OFFSHORE COMPANY IN THE USA DELAWARE?

To open a USA Delaware company, we will require the following:

• 100% of the USA Delaware offshore company formation cost
• A passport copy of the Delaware company’s beneficial owner and company attorney
• Proof of residential address (address stamp in domestic passport or copy of a utility bill less than three months old)

Please send your documentation for company registration in USA Delaware to:

SIA IBC Konsultants
Antonijas St. 22-4, LV-1010

Riga, Latvia

Fax: +371 67333957
Email: info@globalcompanyregistration.com
Skype: Contact_IBC

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