Delaware
Company Formation
Delaware
Starting at €400
Starting at €400
What's included for 400€ :
What’s Included:
- Incorporation of company
- Governmental fees for first year
- Free Online Platform
- Scanned corporate documents
- Registered Address
Additional Services Available
Good standing certificate
€200
Courier
€250
EIN Number (Tax ID)
€150
SWIFT + SEPA supporting EMI
€600
Accounting services, introduction fee
€100
Company formation
Company formation
There are several advantages to setting up an international company in Delaware:
- Favorable Business Laws: Delaware is known for its business-friendly legal framework. The Delaware General Corporation Law provides a clear and flexible set of rules for corporate governance, offering strong legal protection to shareholders and directors.
- Privacy and Confidentiality: Delaware offers a higher level of privacy and confidentiality compared to other states. The state does not require disclosure of the names of directors or shareholders in the public filings, providing an additional layer of protection for business owners.
- Tax Advantages: Delaware has favorable tax laws for corporations. There is no sales tax, no personal property tax, and no corporate income tax for companies that do not operate within the state. This can result in significant tax savings for international businesses.
- Flexible Corporate Structure: Delaware allows for a flexible corporate structure, enabling companies to customize their internal governance and operational procedures. This flexibility is attractive to international companies seeking to tailor their corporate structure to their specific needs.
- Business Reputation: Delaware is home to many large corporations and is recognized globally as a reputable business jurisdiction. Setting up an international company in Delaware can enhance the company’s credibility and reputation, potentially attracting investors and partners.
- Access to Capital: Delaware has a well-developed financial infrastructure, making it easier for companies to access capital through venture capital firms, private equity investors, and other financial institutions.
Taxation
Taxation
- No Corporate Income Tax for Non-Delaware Sourced Income: Delaware does not impose corporate income tax on companies that do not operate within the state or generate income from Delaware sources. This means that if your international company conducts business solely outside of Delaware, you will not be subject to Delaware corporate income tax.
- Franchise Tax: Delaware imposes an annual franchise tax on companies incorporated in the state. The franchise tax is based on the company’s authorized shares or the value of its total assets in Delaware. However, for most small to medium-sized international companies, the franchise tax is relatively modest and can be seen as a minimal cost of doing business in Delaware.
- No Sales Tax or Value Added Tax (VAT): Delaware does not levy a state-level sales tax or VAT on goods or services. This can be advantageous for businesses that engage in sales or provide services in the United States, as they can potentially save on the additional costs associated with sales tax compliance.
- Property Tax: Delaware does impose property tax on real property, such as land and buildings owned by businesses. However, this tax is primarily applicable to physical assets located within Delaware and is not directly related to the international nature of the company’s operations.
- Withholding Taxes: Delaware does not have a separate state-level withholding tax on dividends, interest, or royalties paid to non-resident shareholders or foreign entities.
The stages of the incorporation process
The stages of the incorporation process
- Choose a Business Name: Select a unique name for your company that complies with Delaware’s naming requirements.
- File Certificate of Incorporation: Prepare and file the Certificate of Incorporation with the Delaware Division of Corporations. This document includes essential details about your company, such as its name, registered agent, and purpose.
- Appoint Registered Agent: Designate a registered agent who will receive legal and official documents on behalf of your company in Delaware.
- Draft Bylaws: Create bylaws that outline the internal rules and regulations for operating your company.
- Issue Stock Certificates: If your company plans to have shareholders, issue stock certificates to the initial shareholders.
- File Annual Report: Delaware requires corporations to file an annual report, which provides updated information about the company’s directors, officers, and registered agent.
We are here to offer our full support throughout every stage of the incorporation process in Delaware. Our aim is to make the process as smooth and hassle-free as possible for you. Our team of experts is well-versed in Delaware’s incorporation requirements and can provide the knowledge and resources you need to navigate the process with confidence. By partnering with us, you can ensure that you have the necessary support and expertise to successfully establish your business in Delaware. Let us handle the complexities while you focus on bringing your entrepreneurial vision to life.