Company in Delaware IBC LTD or INC

Offshore company formation in Delaware, USA

The United States is a country with the highest corporate taxes in the world although the latest developments in fiscal reform of the new president of the United States indicate that corporate tax will be lowered considerably for American companies when repatriating the benefits they have generated abroad. It is expected that the corporate tax will be reduced from 35% to 15%. If this tax reduction enters into force, United States will become one of the best countries to set up business.

The United States of America is made up of 50 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Dakota South, Tennessee, Texas, Utah, Vermont, Virginia, Washington, East Virginia, Washington and Wyoming. The North American states have their own and independent fiscal policies and the most prominent state is Delaware.

Due to flexible commercial regulations, scarce bureaucracy and great level of privacy more and more start-ups consider Delaware as a jurisdiction to establish their offshore company. Delaware is known as "The Gateway to the United States" where most of the companies are registered for non-resident foreigners. It is also the state where most of the Wall Street companies are registered and is considered by many to be the best jurisdiction in the world in near future.

Registering an offshore company in Delaware for E-commerce business can be the first correct step to take in your new adventure of entrepreneurship. Both banks and financial institutions are accustomed to deal with this nature of business and will not oppose when offering any type of financial services. United States, and Delaware in particular, are known worldwide as the "paradise of e-commerce" and if the fiscal reform takes place as it is planned leading to the tax reduction for resident companies it is possible that it will have no competition with any other country in the world.

The most recommended type of an offshore company in Delaware for non-residents is the Limited Liability Company (LLC). It is a legal entity totally separate and distinct from its shareholders called "Members". The rights, duties and obligations of these members are stated in the "Operation Agreement". The company's operational responsibility is independent and will not affect the rest of the members of the company.

The Delaware´s commercial registry does not accept bearer shares. At least one shareholder and one director, who can be of any nationality without restrictions, are required. The directors can assume the functions of president, vice president and treasurer.

International fiscal planning in Delaware

In order to operate virtually, eliminate the tax burden in the United States and save taxes in your country of residence we could establish the following offshore structure:

Registering an offshore LLC for non-residents in Delaware and then opening a bank account in the name of the company in another country, outside of the United States, such as: Czech Republic, Latvia, Portugal, Mauritius. Using this structure the offshore company registered in Delaware gains tax-exempt status. The only conditions that should be complied are that this company cannot carry out any business activity within the territory of the United States neither have clients residents of USA. It also cannot have any bank account in the name of the company in Delaware. If the goal of the client is to set up a company to develop business relations with American companies, he will have to register a company for residents with an EIN number and open a bank account in the same jurisdiction. Once the company registered in Delaware opens a bank account in the United States, it automatically looses tax-exempt status and requested to keep and present accounts annually.

Advantages of registering an offshore company in Delaware

The main advantages of registering an offshore company in Delaware are the following:

• You will not pay any corporate tax on benefits in the state of Delaware. Nor will you pay inheritance taxes or federal taxes, as long as you don’t develop any kind of commercial activity on the territory or with the United States.
• An offshore company in Delaware can have bank accounts opened in its name and own real estate in any country in the world.
• Commercial registry doesn’t reveal any information regarding directors or shareholders. The United States has not signed any automatic information exchange treaty, which means that the final beneficiary can open a bank account in the name of the company without being reported to the tax authorities of their country of residence. 
• Offshore companies in Delaware can be set up very quickly, between 3-5 days.
• Your company will gain an international prestige if you register it in the best financial center in the world.
• There are neither restrictions nor discrimination on the nationality of the final beneficiary of a company in Delaware.
• Delaware applies Protection Laws to the directors of the LLC companies, which means that it will protect you from personal liability regarding the actions of your company.
• The United States is the country with the largest registry of technology companies in the world thanks to its good infrastructures in telecommunications and little bureaucracy.

Characteristics of offshore company in Delaware

* Incorporation of an offshore company in Delaware with a bank account in the name of the company without a physical presence in the country. All arrangements will be made through e-mail and / or certified mail.