USA Companies For Non US Residents

Company Incorporation
USA Companies For Non US Residents
Delaware

Delaware is famed to be the “incorporation capital” of America – more than 60% of Fortune 500 companies are incorporated in Delaware. According to Delaware Department of State, Division of Corporation’s 2006 Annual Report the number of active business entities in Delaware has grown 50% in the last six years to a total of more than 765,000. In 2006, Delaware welcomed more than 145,000 new businesses.

The reason why so many Fortune 500 companies are drawn to this state is the fact that Delaware has an excellent body of corporate case law spanning 110 years regarding such matters as management/shareholder issues and mergers/acquisitions.

Some Facts

Here are some facts dealing with forming a company in Delaware:

    • Names and addresses of shareholders, directors, officers, members or managers of a Delaware Company do not appear within public records. Moreover, during incorporation process, there is no obligation to provide this information to the State of Delaware.
    • No minimal capital investment in the Company is required.
    • There is no sales tax in Delaware.
    • The Company has no obligation to have a bank account in Delaware.
    • The Delaware Company headquarters may be located anywhere in the world. The Company has no obligation to have its headquarters in Delaware, nor to conduct any business in this state. The sole obligation for the Company doing business somewhere other than Delaware is to be represented by a Registered Agent in Delaware.
    • The same person can be Shareholder, Director and Officer of a Delaware Corporation. Directors can establish the price they wish for the sale of the Company’s shares. They can also adopt, modify or repeal any Company bylaw.
    • If the Company does not do business in Delaware, it does not have to pay any income tax to the state (this is relevant to C-Corporations only).
    • If a Delaware Company shareholder doesn’t reside in the state, the said shares are not subject to inheritance tax in case of death.
    • The Delaware Court of Chancery is the oldest business court in the country and uses judges instead of juries.
    • Delaware adopted a whole set of corporate laws which are very favorable to companies and which recognize contractual freedom. The “General Law Corporation” of Delaware is one of the most evolved and flexible corporate laws in the United States.

With all those advantages in place, Delaware might not be the most suitable place to incorporate your new business. Delaware is one of the three states commonly recognized as “corporate heavens”, the other two being Nevada and Wyoming.

  • We will prepare and file your application quickly and effectively, all you need to do is complete our simple order form by clicking the button(s) below.

 

If you have any questions or need assistance placing an order please feel free to contact us.

Wyoming

Few people know that little fact, but it was Wyoming that invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming’s LLC and profited from it most through better marketing.

Wyoming is one of the best places to establish a company, and this is proven by the fact that a very high percentage of the companies dealing on Wall Street are registered in Wyoming.

The popularity of Wyoming as a “corporate heaven” in enhanced by the very liberal Corporation Law which enables companies to be established quickly with the broadest possible powers permitted under the law. There are little or no restrictions on any consequent business activities.

Advantages of Incorporating in Wyoming

Here are some advantages of incorporating or forming LLC in Wyoming:

  • Wyoming has no state corporate income taxes
  • Wyoming has no franchise tax
  • Wyoming has no tax on corporate shares
  • The annual fees are based on the value of corporate assets that are physically located in Wyoming, not on assets located elsewhere
  • One person may fill all the required corporate officers and directors
  • Stockholders are not revealed to the State
  • No annual report is required until the anniversary of the incorporation date
  • The articles of incorporation may provide for unlimited stock without a requirement for stating par value
  • Wyoming statute has provisions for bearer script which can be used when stockholders capitalize the corporation in increments less than the par value of the stock
  • Wyoming allows for nominee shareholders
  • Share certificates are not required
  • There is no minimum capital requirements
  • Meetings may be held anywhere in the world
  • Corporate officers, directors, employees and agents are statutorily indemnified from personal liability associated with their corporate activity
  • Additional indemnification is allowed even after suit is filed by a potential judgment creditor
  • Wyoming has a continuance procedure, which allows a corporation formed in another state to change it’s domicile to Wyoming wile maintaining its corporate history

You can learn more about advantages of Wyoming over other states, as well as get help deciding whether you should or should not choose Wyoming as the state of registration by reading our article Start Your Business in Wyoming.

Wyoming is one of the three states commonly recognized as “corporate heavens”, the other two being Delaware and Nevada.

We will prepare and file your application quickly and effectively, all you need to do is complete our simple order form by clicking the button(s) below.

If you have any questions or need assistance placing an order please feel free to contact us.

Nevada

Nevada has always been one of the most popular states for forming your company. Even though it doesn’t have the lowest incorporation fees and annual fees, it has plenty of advantages for businesses. Among these advantages, the most important ones are taxes, privacy of business owners and corporate law in Nevada.

Taxes for corporations in Nevada

Nevada takes it really seriously with attracting new businesses because of taxes. There are plenty of taxes which you have to pay in other states, but not in Nevada. Here are the main tax advantages of this state:

  • No Corporate Income Tax
  • No Taxes on Corporate Shares
  • No Franchise Tax
  • No Personal Income Tax
  • No Franchise Tax on Income
  • No Inheritance or Gift Tax
  • No Unitary Tax
  • No Estate Tax
  • Competitive Sales and Property Tax Rates
  • Privacy and assets protection in Nevada

Similar to Wyoming, Nevada offers great advantage of protecting business owner’s assets, and keeping them pretty anonymous. If you incorporate in Nevada, you won’t be listed in public records. Also your personal assets are protected and creditors can’t go after your house, bank accounts, etc.

Corporate law in Nevada

The state of Nevada saw enormous success of Delaware and their business law system. That’s why Nevada’s business law model is inspired by Delaware, and there is Nevada’s business court which is focused on business cases. This gives business owners the confidence that in case someone decides to sue their company, the case will be decided by experienced judges in a judicial system which is in favor of businesses.

Additional Advantages of Incorporating in Nevada
  • Stockholders, directors and officers need not live or even hold meetings in Nevada, nor be U.S. citizens.
  • Directors need not be stockholders.
  • Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation.
  • A Nevada corporation may purchase, hold, sell or transfer shares of its own stock.

Contact us for more info.

A Nevada corporation may issue stock for capital, services, personal property or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.

Your company must be located and doing business in Nevada to get the full advantages of Nevada’s business-friendly environment.

No IRS information sharing agreement

Minimal reporting and disclosure requirements