Delaware is known for being the first US state, but it is more widely-known these days for its liberal commercial law. More than half of the companies in the US are listed in Delaware for its preferential taxation system for US-based companies, as well as a legal system that favours large corporations and influences supreme court decisions. However, Delaware is also an almost-secret tax haven for non-US companies who do no business in the US, offering as low as 0% income tax and requiring no annual filings.
Of course, the language in Delaware is English and this is a large part of why so many companies choose to incorporate in the state, along with the associated prestige that comes from it being in the US.
United States dollar
Developed agriculture and industry
Benefits of Delaware
Delaware has several obvious benefits that make it the jurisdiction of choice for many businessmen across the world.
If you wish to establish a business in Delaware, you benefit from the prestige that comes with having your corporation in the US. However, the main benefit is that there is 0% income tax for non-residents, as long as your company is correctly established.
Companies looking to access 0% income tax must be non-residents and non-Americans, with the company doing no business within the US. In addition, LLC members / shareholders must not be US citizens or green card holders. LLCs must be set up with a minimum of two shareholders (non-resident), with no shareholders, directors, members or managers being US citizens or resident in Delaware. The level of anonymity is high, as you don’t need to put officer or director names on the formation documents when you incorporate.
The Delaware Court of Chancery is a very strong reason for incorporating within the state, as it is entirely business-centric. As only judges preside over court hearings, with no juries, large corporations often find Delaware an attractive option.
- BUSINESS IMAGE
- Benefit from the prestige of being associated with the US .
- 0% INCOME TAX
- For correctly established LLCs, pass-through taxation is possible.
- NO RESIDENTS OR CITIZENS
- Your company must be entirely made up of non-US citizens.
- HIGH LEVEL OF ANONYMITY
- No names on the formation documents, and two shareholders minimum .
- EXCELLENT LEGAL SITUATION
- Special court oversees business cases alone .
- NO JURIES
- Only judges preside over business hearings in Delaware.
FREE E-BOOK: INCORPORATE YOUR BUSINESS IN DELAWARE
Learn more about company formation in Delaware.
Our services in Delaware
To access 0% tax, the only company type that can be incorporated is a Limited Liability Company. We have significant experience with assisting companies looking to incorporate in Delaware, as follows:
With the correct structure, it is possible to combine an LLC with pass-through taxation, although your company is then classified as a legal partnership rather than a corporation. In the structure of a LLC, members can be from anywhere in the world, with no numerical restrictions.
We can provide full director and management services in Delaware for LLCs, to make sure that your Delaware-based company will remain non-resident, and that your privacy will be protected even after the name of the company director has been disclosed.
We provide nominee shareholder services for our clients, in order to enhance and maintain anonymity. This can be arranged under the terms of a declaration of trust that demonstrates the beneficial owner.
ACCOUNTING & REPORTING
We provide annual assistance with accounting and reporting commitments, to businesses that have incorporated in Delaware.