Delaware LLC & Offshore Banking £450.00 all Inclusive price
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
Up Company formations 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.
Offshore Bank Account
- Choice of banking in Nicosia Cyprus or Tanzania
- Internet banking/ Telephone and fax banking available. Visa/Mastercard debit card available.
SWIFT/ IBAN available.
Full multi-currency facility (Sterling / Dollars / Euros).
Pip Company Formations complete the forms and mandates on your behalf, we forward onto you for signatures:
Pip Company formations have gained a close relationship with the offshore banks involved who
have high standards of complience, we only deal with reputable partners.
Avoid banks where Identification is not required as the culture and business ethos of such offshore
banks are flawed.
To open a business account offshore you will require all Corporate Documents (If you incorporate the
offshore company through us we provide all the corporate documents in accordance to bank's requirements
in addition you must supply:
- Certified proof of identity of all parties connected with the offshore company. Acceptable
proof of identity would normally include a passport copy;
- Proof of residence of all parties associated with the offshore company. Acceptable
proof of residence would typically include an original utility bill, an original bank statement or credit card statement.
- Reference from existing bankers, accountant or lawyer
Other information required on the forms (which we will assist you with) are:
Information relating to the expected annual income or asset base of the offshore company, A description
of the proposed business activity.
Any references or any other information required, Pip Company formations will assist you in obtaining
them.
You can order your offshore Company and Bank account online, by post or in person
