Delaware Corporation

About Delaware

Delaware is historically the most significant tax haven in the world, and still remains one of the most successful with over 60% of Fortune 500 companies being set up there, including Google, Apple, and Facebook. The simple and flexible legal structure and business-friendly corporate structure have inspired the favorable corporate laws of dozens of other offshore jurisdictions.

Offshore companies can easily be set up in Delaware and benefit from the prestigious international reputation as well as benefit from the specialized corporate laws Delaware has to offer, including the most advanced case law with unmatched legal and liability protection, through its separate Court of Chancery.

Members of a Delaware LLC can take advantage of a fully-exempt US incorporated entity if they are tax residents in a no-tax or territorial tax country and no income is sourced from within the US.

President:
Joe Biden

Government:
Constitutional, democratic and representative republic

Economy:
Free-market, private enterprise

Currency:
US Dollar

Capital City:
Washington D.C

Population:
Over 333 million

Language:
English

Members of:
UN,UNICEF,NATO,OECD


Benefits

Setting up an offshore corporation is simply setting up a corporation in a different jurisdiction other than the home country or the country of the company’s main operations. Offshore jurisdictions typically offer better corporate and financial laws as opposed to onshore jurisdictions. The offshore industry is addressing and offering viable solutions to address the ever-changing needs of global business and banking, creating offshore entities with an array of benefits.


Characteristics


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Process

1. While many offshore jurisdictions offer similar advantages and benefits, there are no one-jurisdiction-fits-all. Our advisors will discuss your needs and goals and ask you the right questions to help determine which jurisdictions are right for you.

2. Defining the objectives of the corporation will help establish which legal structure is right for you. Our advisors will assist in setting up the corporation along with any related services.

3. Choosing a local resident agent is key in establishing a well-defined foundation that adheres to local laws and offers the corporation the most protection and privacy. As this is an ongoing relationship, it is advisable to set up an offshore foundation with a reputable and trusted firm.

4. Each jurisdiction will have its own setup process and set of due diligence processes. Delaware requires clients to fulfill KYC (Know Your Client) by proving their identity with proof of address, as well as completing a simple form to provide the necessary information to set the corporation up.

5. Once the required documentation is received, the provider can then file the corporation deed, creating a legal entity in the registry.

6. After the corporation is set up, clients can request any additional services such as business licenses, permits, banking, etc.

7. Annual fees including resident agent and tax/maintenance fee must be paid in order to keep the corporation in good standing with the tax offices in the US. Financial statements are required to be maintained, though filing of the statements may be required dependent on the member´s tax residency status.

While many offshore jurisdictions offer similar advantages and benefits, there are no one-jurisdiction-fits-all. Our advisors will discuss your needs and goals and ask you the right questions to help determine which jurisdictions are right for you.

Defining the objectives of the corporation will help establish which legal structure is right for you. Our advisors will assist in setting up the corporation along with any related services.

Choosing a local resident agent is key in establishing a well-defined foundation that adheres to local laws and offers the corporation the most protection and privacy. As this is an ongoing relationship, it is advisable to set up an offshore foundation with a reputable and trusted firm.

Each jurisdiction will have its own setup process and set of due diligence processes. Delaware requires clients to fulfill KYC (Know Your Client) by proving their identity with proof of address, as well as completing a simple form to provide the necessary information to set the corporation up.

Once the required documentation is received, the provider can then file the corporation deed, creating a legal entity in the registry.

After the corporation is set up, clients can request any additional services such as business licenses, permits, banking, etc.

Annual fees including resident agent and tax/maintenance fee must be paid in order to keep the corporation in good standing with the tax offices in the US. Financial statements are required to be maintained, though filing of the statements may be required dependent on the member´s tax residency status.


Our Services

Corporation
Formation

We assist with advising possible jurisdictions to suit your business needs and goals along with the incorporation process.

Continued
Support

We assist with corporation maintenance as well as providing on-going support.

Related
Services

We assist with related services such as offshore trust, foundations, and offshore banking


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