If properly structured, Delaware company formation is an ideal way to legally book international profits without paying local corporation tax. The following information will help you determine whether Delaware company formation is the optimum corporate structure to fulfill your international business objectives: |
| Advantages of Delaware Company Formation | |
| 1. | Delaware company formation is an ideal way to legitimately book international profits without paying local corporation tax, provided no revenue is sourced in the US and the shareholders and directors are not US-residents. |
| 2. | With Delaware company formation, a minimum of one shareholder and one director is required. The shareholder and director need not be resident in Delaware, and can be of any nationality. Furthermore, details of shareholders and directors are not available for public viewing. |
| 3. | Delaware company formation is inexpensive because of low state fees and an absence of minimum capital requirements. According to the World Bank's Doing Business 2008 Survey, the US is the world's 3rd easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business. |
| 4. | Following Delaware company formation, there is no requirement to submit annual audited financial statements or a tax return. |
| 5. | Delaware’s legal system enjoys a good international reputation. As a whole, the USA is positively ranked as the world’s 20th least corrupt country in the 2007 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. |
| 6. | Following Delaware company formation, Healy Consultants can open a corporate bank account with one of the world's leading retail banks, including HSBC, Standard Chartered and Citibank. |
| 7. | The US is ranked the best by the Global Competitiveness Report, one of the world’s most comprehensive and respected assessment of countries’ competitiveness, offering invaluable insights into the policies, institutions, and factors driving productivity. |
| Disadvantages of Delaware Company Formation | |
| 1. | Delaware company formation may be perceived as a tax avoidance vehicle in an offshore ‘tax haven’. |
| 2. | Delaware has an information-sharing agreement with the Internal Revenue Service (IRS). |
| Other Information | |
Refer to the following links to read more information on Delaware company formation:
|
|
| Contact Us | |
For more information on Delaware company formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120. |
|
Back to Americas Company Incorporation page. |
|
| Back to Home page. | |
Singapore Company formation, Dubai Company formation, Offshore Company formation
![]() |
|---|
FEES SCHEDULE Year 1 incorporation US$1,900 * Annual fees from Year 2 US$1,100 * Nominee director and shareholder fee Company de-registration * Includes government licence fees, registered office for 12 months, Company secretary fees for 12 months |
|---|
| © 2003 Healy Consultants Pte Ltd | AMERICAS COMPANY SET UP SERVICES |