Call us: 0207 9390405
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Capital : Dover
Official languages:English
Currency: US Dollar (USD)
The 1989 Delaware General Corporate Law is the principal corporate legislation of Delaware. In a normal circumstance each company has, as part of its corporate documents, its own by-laws. The corporate documents and the legislative language are English, the use of any other languages must be translated accordingly.
The Corporations and Limited Liability companies (also known as LLCs) are used for both trade and investments. In 1992 a new legislation for LLCs was introduced.
Since the US is ranked first worldwide based in its total value of economic output, Delaware economy is therefore determined by this fact.
Wilmington is the main business area/hub and it is renowned for its well developed chemical industry. The percentage of companies quoted on the New York stock markets counts over 46% of Delaware incorporated businesses.
| REQUIREMENTS FOR DELAWARE LLC | Included Package | |
|---|---|---|
| Name Check and incorporation | 1/2 Day to check availibility | * |
| Currency | US Dollar | * |
| Minimum share capital | There is no limit on the number of members allowed in a Delaware LLC. There are no requirements as to the minimum amount of authorised share capital | * |
| Bearer share | Not Permitted | * |
| VAT/ Sales Tax | Optional if turnover below S$1 million | * |
| Member | Minimum 1 member and 1 manager .Can be same person | * |
| Company Secretary | no | |
| Shareholder | n/a | |
| Registered address | Mandatory to have a local address | * |
| Local Requirements | Mandatory to have local Agent | * |
| Yearly Government renewal | Yearly basis | |
| Filing of accounts | There is no state income tax LLCs that do not conduct business in the US. | |
| Audit Requirement | No needed | |
| Taxation | no tax for income earned outside Deleware | |
| INCORPORATION PROCEDURES | |
|---|---|
| Fill out Incorporation form | Apply online |
| Documents required | Upload a copy of requested documents |
| Payment | Pay online with our secure payment |
| During & After incorporation | We will follow up your companyto meet all requirements ensuring you focus on your business |
| Duration for Incorporation | 1-2 working days |
| First Year Fees | Renewal Fees | |
|---|---|---|
| Inclusive : | £ 399.00 | £ 350.00 |
| *Incorporation | * | * |
| *Registration with State Of Delaware | * | * |
| *Paying government fee | * | * |
| *Registered address and registered local agent until 31 december each year | * | * |
| *Appointing your manager | * | * |
| * Appointing your manager | * | * |
| *Appointing of a Local Secretary | * | * |
| *Certificate of formation | * | * |
| *Sample operating agreeement | * | * |
| *Ongoing Support | * | * |