Delaware - LLC Company Incorporation

Company Type	Time to Incorporate	Cost
LLC	5 days	£610

There are two types of companies in Delaware:

• The Corporation.
• The LLC - a partnership which is tax transparent: the partners are the taxable entities and not the corporation.

Many US non-residents are incorporating in Delaware, some of whom are operating within the country, others are operating entirely outside and have no tangible connection with the US other than the registration of their company.

In general, there are no citizenship or residency requirements to incorporating a company in the US.

Limited Liability Company

LLC's with non-resident shareholders and which conduct no business in the US and which have no US-source income are not subject to US federal income tax and are not required to file a US income tax return.

Taxation

For many people, pass through taxation, or the ability to have their entity treated as a non-tax-paying entity is important. For US non-residents, use of an S Corporation is not possible because one of the requirements of becoming an S Corporation is that all shareholders must be US residents. This objective can be achieved by incorporating a Limited Liability Company (LLC) instead of a corporation.

Additional Services include:

• Registered Agent Service. If you need a registered agent within Delaware, we can provide that service.
• Expedited Incorporation Service.
• Preparation of IRS form SS4 to obtain a Federal Identification Number.
• Authentication and legalisation of documents for use in other countries.
• Nominee directors.

Annual Franchise Tax

The annual franchise tax is based on the total number of authorised shares of stock regardless of the par value or capital. You have to file an initial list of directors and officers after incorporation.