Delaware – Procedure of Incorporation
Delaware is an easy and reliable state in the USA in which to incorporate or form a Limited Liability Company (LLC). Setting up a LLC is the more popular option. An LLC is an entity that is owned by members, operated by managers and run by an operating agreement.
The summary below provides an overview of the process and the documents required to form a Delaware LLC.
- An application form must be completed, signed and scanned containing information about a preferred name, details of directors and details of shareholders;
- A beneficial owner declaration to be filled in, signed, scanned and sent to Eltoma;
- A scanned copy of the passport for the directors and shareholders is required;
- A scanned copy of proof of residence (utility bill, bank statement or bank reference not older than 3 month);
- At this point Eltoma will confirm the company name availability and issue an invoice;
- Upon receipt of money Eltoma will start the Delaware LLC Incorporation Process;
- At the beginning of every year Eltoma will issue an annual invoice to cover renewal fees.
- At least one director, one shareholder and one officer is required
- Residency for directors is not required.
- Directors are not required to be listed in the articles of incorporation.
- Annual franchise tax
- The approximate timescale for company incorporation is 2 days
- An additional 12 – 14 days required to receive original corporate documents from USA
Please contact us if you would like to receive additional information on Delaware.