Despite its small geographic size, there are more than 200,000 offshore companies in Delaware, USA
The favorable laws for incorporating new businesses as well as the low taxes, are highly attractive elements for offshore companies in Delaware. It is possible for anyone in the world, without physically visiting Delaware, to incorporate an offshore company in Delaware. The entire process is done online in a very fast manner.
An LLC is a business structure that has a separate legal existence from its owners. This means that the owners are not responsible for the obligations nor for the debts that the company may incur. In addition, if the beneficiaries are not U.S. residents and the company has no activity in the union, they do not pay taxes.
One of the great advantages of an offshore company in Delaware is the privacy of its formation. The state laws do not oblige the owner of the corporation to disclose the identities of the directors or shareholders of the company in a public registry.
Furthermore, there is no obligation to disclose the ownership percentages of each member nor their financial valuation. This information is completely confidential. However, a federal law to create a Registry of beneficiaries of the companies is under study.
Offshore corporations in Delaware do not pay any tax if they generate their income outside that state. Upon registration of the corporation, the “domicile” of the company will be Delaware, so it will be governed by the Limited Liability Company Law of that state.
Unlike in other jurisdictions, the Delaware offshore company owner has complete flexibility to establish the management structure and organizational rules of his company. This is referred to as “Freedom of Contract”.
How to incorporate an offshore company in Delaware
The process of incorporating an offshore company in Delaware is one of the fastest in the world. It can take as little as 24 to 48 hours, although it can take weeks to have the documents apostilled. The owner can choose a name for the company, and we verify the availability of that name in the Delaware Division of Corporations system.
After completing these steps, we will send, both digitally and via international courier, the Certificate of Formation, Certificate of Membership, and Apostille. Opening bank accounts abroad is almost impossible with Delaware corporations, but it is possible to incorporate a namesake corporation in another jurisdiction and open a bank account with it.
Delaware corporations must file annual tax returns, pay an annual fee and a Resident Agent. We advise you to request a telephone consultation before acquiring an offshore company in Delaware.