DELAWARE OFFSHORE INFORMATION

Not usually recognised as a tax haven jurisdiction but a reputable US jurisdiction.

ADVANTAGES	Limited liability companies are free from all US taxes
DISADVANTAGES	None
CORPORATE LEGISLATION SOURCE	The Delaware Corporation Law 1994-5
COMPANY STATUS	Limited Liability Companies (LLC)
USUAL MINIMUM CAPITAL	None required
COMPANY NAME	Prior approval required, some names sensitive
TIME TAKEN TO INCORPORATE	Up to one week
ARE SHELF COMPANIES AVAILABLE	Yes
CAPITAL DUTY	None
MINIMUM NUMBER OF SHAREHOLDERS	One. For an LLC these are called members. They hold a percentage in the Company which can be formally documented in an Operating Agreement and evidenced by a membership certificate.
ARE BEARER SHARES / SHARES OF NO PAR VALUE POSSIBLE?	No shares
DIRECTORS: MINIMUM NUMBER / CORPORATE DIRECTORS ALLOWED / LOCATION	An LLC has no directors. Instead it is controlled by the members who may appoint an Operating Manager (s). NA / Corporate Operating Manager(s) allowed / No restriction
SECRETARY: MANDATORY / CORPORATE SECRETARY ALLOWED / LOCATION	No / Optional / No restriction
IS THERE A REQUIREMENT FOR A REGISTERED OFFICE / REGISTERED AGENT	Yes
IS THERE A REQUIREMENT BY THE AUTHORITIES PRIOR TO INCORPORATION OR PRIOR TO TAX STATUS BEING GRANTED	None
INFORMATION AVAILABLE ON PUBLIC FILE	Members details or alternatively, managers details / Registered Agent / Registered Office.
DOCUMENTS TO BE KEPT AT REGISTERED OFFICE	None
CORPORATE BOOKS AND SEAL	Both required and may be kept anywhere
ACCOUNTS REQUIRED / FILED	No / No
ANNUAL RETURN REQUIRED	No / No
WHERE ARE MEETINGS TO BE HELD	No restriction
ANNUAL FEES PAYABLE TO THE GOVERNMENT: TAX / ANNUAL RETURN FILING FEE	LLC's - US$200 / Nil
ARE THERE ANY EXCHANGE CONTROLS	None
DOUBLE TAX TREATIES	Numerous