OFFSHORE INFORMATION - DELAWARE
Delaware is one of the many states in the USA, located on the east coast between Washington DC.And
Baltimore. Delaware is an easy state in which to incorporate and form LLC’s at a low annual cost. Delaware
Law has been tested and provides predictability, with a separate Court of Chancery it deals with corporation law cases both quickly and competently.
By up-dating its laws regularly it remains the leading state
for incorporation. Delaware has no sales tax or intangible personal property tax, nor does it demand in-
come tax or require a business licence for incorporation. It is among one of the more attractive, independent and discrete jurisdictions that are available.
| Company Status | Exempt |
| Company Name | Prior Reservation is required and many words sensitive ie., Royal, Group, International etc all names must end ; Limited |
| Incorporation Time | 3 - 5 working days |
| Usual Minimum Capital | £100.00 paid up |
| Capital Duty | 0.5% |
| Minimum Shareholders | One |
| Bearer Shares | No |
| Par Value | No |
| Minimum Directors | One |
| Corporate | Yes |
| Location | None Resident |
| Secretary Mandatory | Yes |
| Corporate | Yes |
| Location | Local, Resident |
| Registered Office Address | Yes |
| Local | Yes |
| Registered Agent | No |
| Exchange Controls | None |
| Public File Information | Memorandum & Articles of Association, Directors & Secretaries, Shareholders, Mortgages & Charges, Registered Office & annual return. |
| Corporate Books | Required to be on Registered Office premises |
| Seal | Yes as above |
| Accounts required | No |
| Filed | No |
| Where are meetings to be held | No Restriction |

