A
complete package to form a Delaware Corporation is now US$ 599
One person is enough to incorporate a company.
Incorporation fee includes: State filing fees, registered agent service until
March 1- next year for corporations or June 1- next year for LLCs, ($199) a certified copy with Apostille
(with gold seal), - you need this to open a bank account, our service fee.
Available Options: $150
deluxe corporate kit (which includes the
corporate seal, bylaws, stock certificates, stock transfer ledger and
corporate minutes) $100 courier delivery of your documents and kit by Airborne Express NOMINEE
director: $300 / year. $150 - 3 days expedited service fee: Delaware corporations are formed within 24
hours of receipt of payment and we receive the documents from the state in 2-4
weeks. With expedited service, we will receive all documents in 3 to 4 business
days. $225 - 1 day expedited service fee:
Mail forwarding : - Max. 60 pieces mail/one year US$350 - Max. 120 pieces mail/one year US$440
Phone/Fax forwarding to email: $15.00 monthly service fee Numbers available in any of these
US States:
$225 Tax ID (EIN) Required if you will want a US bank account. Note
taht all US banks require a personal visit to the bank. See here
EIN data sheet
Annual fees: $199
registered agent. $125
for Ltd (increased for 2010 from $100) or $200 for LLC, annual fixed state tax. The state fee is due in the
first year after the incorporation.
Annual franchise tax for Ltd type of companies,
based on authorized shares.
3,000 shares or less (minimum
tax) $125.00
each additional 10,000 shares or
portion thereof add $62.50
maximum yearly tax is $165,000.00
We usually file new companies with 1500 shares, to
qualify for minimum state tax of $125. Note: We recommend LLC. type, because starting with 2007, Ltd companies will
have to fill a tax report, with
director name, address and signature, and the original must be sent to Delaware
state registry.
For your convenience, we have included a
Cost Calculator
in the order form:
Penalties For Corporations, failure to file and/or pay an annual franchise tax
report by March 1st will result in a $100 late penalty imposed by the State
of Delaware. For LLCs/LPs, failure to pay the annual franchise tax by June
1st will result in a $200 late penalty imposed by the State of Delaware.
Interest is also added each month and if the tax and penalties remain
unpaid, the company will be voided by the Secretary of State.
News:
The Delaware Secretary of State's Office has released
information that, effective July 1 and retroactive to January 1, 2009, the
annual franchise tax report filing fee has increased $25. Which means that
the total fee to the State of Delaware to file the 2009 annual franchise tax
report and pay the annual franchise taxes which will be due March 1, 2010
will increase to $125. This increase does not effect LLCs only corporations.
However, we believe the the late penalty for each will increase next year.
Our annual registered agent fee of $199 which has not
increased in previous years will remain the same. Also our electronic
transmittal fee has not increased and will also remain the same.
Effective August 1, 2009, the State has also increased
filing fees, expedited filing fees, fees for Certified Copies, Apostilles
and Certificates of Good Standing for all filings with the exception of any
new formations, such as new corporations or LLCs. The expedited filing fees
for new entities also has not changed.
Even though the fees to file new entities (new corporations
or new LLCs) have not increased, the fees to obtain a Certified Copy and
Apostilles have increased, therefore our normal package for filing new
corporations or LLCs were increase by $50 to $599 since this package
includes a Certified Copy with Apostille. The expedited filing fee for new
entities also remains the same so there will be no increase to expedite new
corporations or LLCs.
Delaware USA phone
forwarding service: You will receive a telephone
number in Delaware. You would need to give
us a telephone number where you want to the line to ring and all calls will be
automatically forwarded to that line. We have a $400 setup fee, plus
$50 per month line fee. In addition, you will also be responsible for all long distance charges (you
will need a credit card to pay for these charges) We can send you an itemized long distance bill monthly by e-mail attachment. We would need a 3 month deposit ($150).
Apostille: For countries where apostille is not available, because are
not part of Hague
Convention number 12: Convention Abolishing the Requirement of Legalization for
Foreign Public Documents, the documents can be authenticated by the customer
county's consulate or embassy. (The list for this specific convention is at
http://www.hcch.net/e/status/legshte.html )
Procedure: The documents would need to be first notarized, then certified by the State of
Delaware, then authenticated by the US Department of State and then sent to the
consulate for authentication. The cost per document would be $350, which would include the fee to the
Embassy.
We do not advise you to open a bank account in US. A company can have the bank account anywhere else
If you open a bank acc in US , you will need to get the
EIN, which imply you
will need to file accounting records.
STANDARD SERVICE
Our standard incorporation service includes
preparation and filing of the Articles or Certificate of Incorporation with the
State of Incorporation and paying the State Filing fees and any county fees or
publishing required.
ADDITIONAL SERVICES INCLUDE:
Updated February 2010
$195 - certificate of good standing (normally only
required after at least 6 months of incorporation, since it is obvious that
the company is in good standing at incorporation)
Mail forwarding $350/year
Nominee directors $300 /
year
Change of name of a company:
We would need to file an amendment or an amended and restated
Certificate of Formation to change the name. The price is the same for
either one, the amendment just changes the name, the amended and
restated Certificate of Formation changes the name and restates
the Certificate of Formation with all other original information if you
want to change anything else at that time. The cost to file either one
is $740 which would include a Certified Copy with Apostille. If you want
it expedited the additional expedite fee would be $150 for 3 days or
$225 for one day expedite.
If you need a new kit the cost would be $150 as usual, plus
$100 the courier.
Registered Agent Services in all 50 States -
If you need a registered agent ( a physical address within the State of
Incorporation for service of process), we can provide that service for $199 per
year in Delaware and $299 per year in any other State.
Expedited Service ($150 -
3days, $225 -1day)
Foreign Qualifications
Amendments
Dissolutions
Document Retrieval
UCC Searches
Preparation of IRS form
SS4 to obtain a Federal Identification Number - $225 If you need the EIN, you need to fill
this form.You can not use our address for mail forwarding service.
Preparation of IRS form 2553 "S" corporation
elections - $225.00
Authentication and legalization of documents
for use in other countries
Differences between LLC and LTD:
Ltd have SHAREHOLDERS as owners, LLC have
MEMBERS
Ltd have DIRECTORS, LLC have MANAGERS.
These names will be in the POA, and they operate the accounts.
Annual STATE tax for LTD id $125 and for LLC
is $200
In the annual state tax form for an LTD you
must fill:
director name and address,
principal place of business outside of
Delaware
Nature of business.
and director must sign
The LLC form does not need to be filled or
submitted. (that's a major advantage for privacy protection)
The annual franchise tax is based on the
total number of authorized shares of stock regardless of the par value or
capital. It is $90 for the first 10,000 shares of stock authorized plus $50 for
each additional 10,000 shares of stock or part thereof.
Key issues you should know:
DELAWARE'S CORPORATE ADVANTAGE
Delaware is considered the most attractive
state in the nation for organizing.
Delaware courts have a reputation of
reaching reasonable and fair conclusions when construing the corporation laws.
Only one incorporator is
required. A corporation may be the incorporator.
There is no minimum capital
requirement.
The franchise tax compares favorably with
that of other states (usually $30/year).
For companies doing business outside of
Delaware, there is no corporation income tax.
Delaware has no sales tax, personal
property tax or intangible property tax on corporations.
No taxation upon shares of stock held by
non-residents and no inheritance tax upon non-resident holders.
A corporation may keep all of its books and
records outside of Delaware.
You may have a principal place of
business/address outside of the State of Delaware as well.
Regarding the Federal taxes:
if you are US citizen or US resident (US taxpayer) and you file taxes in the US, a LLC is treated
asa partnership and is not subject to corporate
income tax. Any profits orlosses are passed through to the
members of the LLC to report on their personal income tax. Therefore, The LLC DOES NOT PAY ANY INCOME TAXES!
FACTS:
Delaware has a reputation as a
corporate haven and has aggressively protected its stature as the
incorporating capital of the United States. As a result, many of the Fortune
500 companies in the United States are incorporated in Delaware. They went to
Delaware to protect the interests of their stockholders, directors, officers,
and the corporation itself. More than 230,000 companies are incorporated
in Delaware, which leads the nation as a major corporate domicile for American
and international corporations. Each day, over 130 new companies file
incorporation papers in Delaware.
Delaware ’s
corporation law is written to protect the rights of shareholders of the public
corporations that are the standard-bearers in the Delaware corporation system.
The emphasis is placed on shareholder protections to attract the large, public
companies that trade shares in the various exchanges across the country. It’s
laws regarding corporate takeovers are the most sophisticated in the entire
world. There is established legal precedent for any conceivable corporate
situation. It is a stable legal environment for many public companies to use
as their base.
In our opinion:
In a country were money dictates over
politics, there are NO chances that offshore benefits will EVER be cancelled
(compared for example with Channel Islands where pressure mounts against
offshore benefits).
For your convenience, we have included a
Cost Calculator
in the order form:
To register your boat in Delaware, you
must incorporate a Delaware LLC first.
Check here details.
ADDITIONAL SERVICES FOR BOATS:
1. State of
Delaware Boat Registration - our fee - $335.00 State fee - The vessel registration fee will depend upon the length of the
vessel and whether the client would like a 1 year or 3 year registration.
CLASS A - less than 16':
1 year - $10.00
3 years - $30.00
CLASS 1 - 16' or over and
less than 26':
1 year - $20.00
3 years - $60.00
CLASS 2 - 26' or over and
less than 40':
1 year - $30.00
3 years - $90.00
CLASS 3 - 40' or over and
less than 65':
1 year - $50.00
3 years - $150.00
CLASS 4 - 65' or over and
not required to be documented:
1 year - $60.00
3 years - $180.00
2. Federal
Documentation - $350.00
When a vessel is registered with the State of Delaware they
will provide the client with the decals for the boat, the registration card, and
a computer printout of the registration. For some of our foreign clients we can
provide them with a Certificate of Vessel Registration which is a document we
prepare with information regarding the boat and it is then notarized. We can not
provide power of attorney services nor can bearer shares be issued.
Procedure: You need to fill
this form, and
mail it to our Delaware office, with the original bill of sale of the boat
(which will be kept by the state registry). (you'll need adobe
acrobat reader to view the file.)
Please go to our
Uses of offshore Companies Page where you
will find interesting information on the benefits of using offshore companies
and trusts for business and personal use, links to information on other
locations and details of our products and services.
DELAWARE
Offshore companies. New or
ready-made companies available.
State filing fees,
