Delaware – Key benefits
A few examples of Delaware’s benefits include:
- Low cost incorporation fees
- Delaware law has been tested and provides predictability
- Delaware regularly updates its laws to remain the leading state for incorporation
- Delaware allows the owners and managers of an LLC to remain anonymous
- Delaware has no sales tax or intangible personal property tax
- No Delaware income tax has to be paid and a business license is not required if the Corporation does not do business in Delaware
- A Delaware offshore company is a useful tool for those seeking to protect their assets from creditors, liabilities and excessive taxation
- Those who form and own a limited liability corporation in Delaware are known as ‘members’ rather than ‘partners’ and the LLC itself is a distinct legal entity, separate from those who establish it. This means that LLC members are able to limit their risk and liability to their initial investment made into the corporation which means that the Delaware offshore incorporation of an LLC allows for far reaching personal asset protection
- A Delaware offshore company is not required to report its assets which removes an additional layer of transparency and makes it even less a likely target for speculative creditors
Please contact us if you would like to receive additional information on Delaware.
Please visit the following links to learn more about the service that we can provide in Delaware:
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