We hope that the following information
can give you an
idea of the process involved in creating a limited liability company in Delaware, and the role that
Pip It plays in helping people to create offshore companies.
Why Incorporate in Delaware ? A
Delaware LLC can provide a high degree of confidentiality. Delaware requires less information than other juridictions and
the added privacy may be important to you.
A Limited Liability Company is one of the more recent and most flexible business structures
available in Delaware. Formed by filing a Certificate of Formation with the Delaware Secretary of State, a Limited Liability
Company is a separate legal entity having the power to conduct business, acquire, hold and dispose of property.
What is an LLC ? The United States LLC is not a partnership or a Corporation.
It is a distinct business entity that offers an alternative to partnerships and corporations by combining the corporate advantages
of limited liability with the partnership advantage of pass-through taxation. US LLCs with non-resident members 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. US LLCs are popular vehicles for conducting international business. A limited
liability company (LLC) has members and may be managed by one or more managers.
In Delaware the only name and address, which is required
to be on record, is the name and address of the Incorporator and registered agent, therefore added privacy.
Delaware will accept the filing of the Annual
Corporation Franchise Tax Report and payment without the listing of Officers and Directors and signature
You do not need to appoint a company secretary
and other officers, if not desired. You can act as the sole director and shareholder of the company as 1 person can own, manage
and run the LLC.
Since
you will be doing business OUTSIDE the state of Delaware, you do not have to pay any corporate income tax. No Delaware income
tax is charged to companies that do not do business in Delaware
Delaware has low incorporation fees & low annual franchise Delaware is the most successful LLC jurisdiction in the USA. The Certificate of Formation, articles of Organization are flexible
Highly respectable and credible jurisdiction.
Well-educated
English speaking population. (No language barriers) therefore excellent communications.
Highly developed corporate and general law
Prestige of having a US registered entity.
No requirement for meetings or registers
to be held in the country of incorporation.
Choosing
a Company name: Name Restrictions- Anything identical or similar to an
existing company within the state of Delaware. Additionally, the use of bank, trust, insurance or reinsurance within
the name of the LLC is generally prohibited in Delaware . This is because limited liability companies in most states
are simply not allowed to engage in a banking or insurance business.Company names must carry the suffix Limited Liability Company / Limited Company
or their abbreviations LLC or LC.
Compliance
- US Federal Taxation. US limited liability companies that conduct
no business in the state of formation with non-resident members are generally not subject to state income tax and are
not required to file a state income tax
Registered Office. The
state of Delaware insists that your Company has a Registrered Office within the State. Pip It Ups affiiliates will act as your Registered
Agent in the State of Delaware. They keep the office open during normal business hours to satisfy the requirements
of the state. The following items will be repackaged, re-stamped, and forwarded on to you at no expense as part of our registered
agent service:
Correspondence from the Delaware Secretary of State & Legal
Service of Process. In the event process is served upon your corporation at our office,we will email a copy of the service
to you within 24 hours and forward the original via Registered or Certified mail.
