Company Formation Delaware
Businesses choose to start a business in Delaware because the State provides a complete package of services, including modern and flexible corporate laws, a highly-respected Court of Chancery, a business-friendly State Government, tax friendly for non-residents and the customer service oriented Staff of the Delaware Division of Corporations.
Apply now for Delaware company registration.
Requirements for Company Formation Delaware
- Minimum share capital $1
- An increase in the shares may cause an increase in the initial filing fee
- At least one director is required.
- Residency for directors is not required.
- Directors are not required to be listed in the articles of incorporation.
- The name must contain corporation, incorporation or an abbreviation.
- The name must not be similar to another incorporation.
- Annual Franchise Tax: $250
- To pay local taxes EIN Number.
Company Formation Fees
- Basic company formation Delaware £599.
- Bank account introduction £600*
- EIN Registraion number £200.
- All additional fees as per Price List.
Timescales for Delaware Company Registration
Delaware incorporation takes approximately one week, upon receipt of all relevant information. The Delaware company registration documents can be sent to you, anywhere in the world.
Start a business in Delaware with Serviced or Virtual Offices
- Virtual office (includes telephone, fax and mail forwarding facilities) £200 per month payable quarterly in advance plus £600 deposit refundable within 30 days upon termination of your office contract.
- Service office according to requirement.
Accountancy
Quote based upon approximate number of monthly invoices and projected annual turnover.
How Do I Proceed With Delaware Incorporation?
In order to start a business in Delaware and commence the Delaware company registration procedure, we require the following:
- A completed application form.
- 100% of the company formation Delaware cost, due on receipt of a pro-forma invoice from us.
- A certified copy of each Directors/Shareholders passport.
- Two utility bills less than three months old.
*Minimum price if you have a physical address
Why Delaware?
As we have such expert knowledge of Delaware we are able to offer a speedy incorporation often taking just one week without you having to visit the US. Delaware is one of the most popular states for company formations. There are many reasons for this but some of the most important ones are:
- There is NO corporate income tax for corporations as long as you do not transact your business in Delaware. You can therefore effectively incorporate your business in Delaware, operate in another state or country, and pay no corporate income tax.
- There is NO sales tax if you are not operating within the state.
- You must pay an annual franchise tax but this is often just a $125.00 flat fee, or $250.00 for a LLC incorporation.
- And the tax benefits do not stop there; shares of stock are not subject to Delaware state taxes if the owner lives outside of the state. One individual may act as the company president, secretary, treasurer, and sole director. Other beneficial characteristics include:
- Numerous types of business can be operated under a single corporate structure
- Shareholders can communicate in writing without holding meetings
- Non-shareholders are permitted to join the board of directors
- Corporate records may be kept in any state, does not have to be Delaware
- Delaware has no sales tax or personal property tax
People who viewed this page also viewed:
