To incorporate in Delaware this package price includes (most popular for USA residents): Search name availability for your LLC in Delaware Includes one-time filing fee in Delaware and our one-time service fee Preparation and Filing of the Certificate of Formation State of Delaware formation within 24 hours of receipt of order with payment A recorded copy of the Certificate of Formation within 5-7 business days of filing The following documents will be posted to you (Note: these documents are sent to you through TNT Express Mail Service): Original Certificate of LLC Formation The following documents will be e-mailed, which you need to print and sign: 20 page Delaware LLC Operating Agreement ready-for-signature by email (MS Word) Minutes or Consents Documentation of Organizational Meeting (MS Word) Federal Tax ID Number Form (PDF)
Classic Package
£ 175.00
Renewal fees from £233
To register in Delaware this package price includes (most popular for USA and EU residents): Search name availability for your LLC in Delaware Includes one-time filing fee in Delaware and our one-time service fee Preparation and Filing of the Certificate of Formation State of Delaware formation within 24 hours of receipt of order with payment A recorded copy of the Certificate of Formation within 5-7 business days of filing Delaware Resident Agent for 12 months Registered Address in the State of Delaware for 12 months The following documents will be posted to you (Note: these documents are sent to you through TNT Express Mail Service): Original Certificate of LLC Formation The following documents will be e-mailed, which you need to print and sign: 20 page Delaware LLC Operating Agreement ready-for-signature by email (MS Word) Minutes or Consents Documentation of Organizational Meeting (MS Word) Federal Tax ID Number Form (PDF)
Deluxe Package
£ 315.00
Renewal fees from £373
To register in Delaware this package price includes (most popular for overseas residents): Search name availability for your LLC in Delaware Includes one-time filing fee in Delaware and our one-time service fee Preparation and Filing of the Certificate of Formation State of Delaware formation within 24 hours of receipt of order with payment A recorded copy of the Certificate of Formation within 5-7 business days of filing Delaware Resident Agent for 12 months Registered Address in the State of Delaware for 12 months Nominee LLC Member (Manager) for 12 months The following documents will be posted to you (Note: these documents are sent to you through TNT Express Mail Service, and are to be completed upon arrival): Original Certificate of LLC Formation 20 page Delaware LLC Operating Agreement signed by nominee Minutes or Consents Documentation of Organizational Meeting signed by nominee Pre-signed, undated resignation letter from Nominee Member General Power of Attorney signed by Nominee An indemnity Letter for General Power of Attorney A nominee service agreement which provides for the indemnification of the nominees Federal Tax ID Number Form (PDF)
Forming an LLC: Legal Requirements
LLC subscribers may be residents outside the U.S.A. A LLC may be organized by one person. The organizer need not be a natural person, nor a member. You must appoint a minimum of 1 member. Members can be corporate bodies or private individuals. An LLC member can be of any nationality. The LLC owners are called members. An LLC can have an unlimited number of members (owners). While the Delaware Act permits a Delaware LLC to be managed by its members, it does not require members to be managers. A limited liability company may be either member-managed or manager- managed. The members direct the management of the LLC unless a manager is named. Most states require that an LLC have a Registered Agent who maintains a registered office within the state of formation. All LLCs incorporated in the State of Delaware are required to file an Annual Franchise Tax Report and to pay a franchise tax. The income of a limited liability company passes through to its members, who report the income on their personal tax returns. LLCs are allowed to have subsidiaries without restriction.
ADVANTAGES AND DISADVANTAGES OF FORMING A DELAWARE COMPANY. HOW TO INCORPORATE AND START A BUSINESS IN DELAWARE. WHY INCORPORATE IN DELAWARE?
Foreign businesses seeking to enter or expand in the American marketplace can use their location in Delaware to accomplish their objectives. Delaware's strategic location permits easy access to the United States marketplace, the largest in the world. International business can easily incorporate in the state through the Department of State, Division of Corporations. Citizens and residents of other countries may incorporate in the United States through the standard incorporation procedures set forth by each state. The main benefit of incorporation is that your personal assets are protected from civil liability for acts of the corporation. Your company must have a physical place of business and agent for service in the state in which you incorporate. If you do not wish to open an actual office for your business, you can often use Coddan as your Registered Agent and Registered Office provider.
Why incorporate in Delaware? One of the best reasons for incorporating, or forming a limited liability company, is to separate your personal assets from your company’s assets. If you conduct business without using a corporation, or limited liability company, you place your assets at risk. Separating your personal property from your business property, and using a legal form such as a corporation, can help protect your personal property.
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One single individual may simultaneously hold all of the executive offices and titles of a Delaware corporation including: chairman of the board, president, vice president, secretary and treasurer. Unlike states that require as many as three different individuals to hold the posts of officers and/or directors, Delaware permits you to be a one-person corporation. A Delaware director shield law permits Delaware corporations to shelter their directors, liberally, from personal liability in connection with their actions as board members. In general, many small and medium sized businesses incorporate in the state that they operate in. If you choose to incorporate in a state other that where your companies is located, then you will need to have a registered agent within your state of incorporation. Don't know which type of Entity to form? Call one of our specialists for a FREE CONSULTATION today! Call 0-207-637-3802 or you can chat with one of our reps live online.
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Incorporation or formation of a limited liability company also allows you to take advantage of the statutory and judicial laws of Delaware, to help you plan how your business runs. Delaware is known as a business-friendly state and is a good choice if you intend to "go public". Delaware has many advantages, including very low incorporation and LLC formation fees, low annual franchise taxes, and no state corporate income tax for companies that operate outside Delaware. Delaware maintains a separate "Chancery Court" specifically for business disputes, known for its well-established record of decisions and speed. Delaware's court system helps business owners spend more time running the business and less time in court. Delaware companies may need to qualify or register to do business in their local jurisdiction, requiring an additional fee to the state where the business is operated.
One person can incorporates in Delaware. One person can form an LLC in Delaware. One person can be the President, Secretary, and Treasurer and sole Director of a Delaware corporation, without disclosing the name or names in the Certificate of Incorporation. The director or directors are allowed to amend the By-Laws of the corporation. One person can be the owner and managing member of an LLC. Delaware has no minimum capital requirement to incorporate or form an LLC. Delaware Corporations and LLCs can qualify to do business in all 50 states and foreign countries. Incorporate in Delaware Online: Free Name Check For Your Delaware Incorporation |
If you want to become familiar with the description and the contents of Delaware company registration packages, offered by Coddan and to find above, what kind of service is included in this or that Delaware companies incorporation package, to get an idea about the price of annual renewal of the service, and about the general legal requirements to the company formation within State of Delaware, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen. If you have questions please E-Mail or call us: 0800 081 1510 or +44 (0) 207 637 3881, fax: +44 20 7681 3318.
More than half a million business entities have their legal home in Delaware including more than 50% of all U.S. publicly-traded companies and 58% of the Fortune 500. The State of Delaware has adopted a clear, bipartisan policy to attract new business and encourage the expansion of existing operations. Key tax features, which now make Delaware more competitive, include: no State or local general sales tax. No personal property or inventory taxes. Real property taxes are among the lowest in the country. Corporate income tax credits and reduction of gross receipts taxes for new and expanded businesses. Additional tax credits on corporate income and reduction of gross receipt taxes for new and expanding businesses locating in 30 targeted census tracts. Property tax relief for new construction and improvements of existing property. The exemption of certain investment and holding companies from corporate income tax. The adherence of the State tax structure to the federal definition of corporate net income so that companies may take full advantage of any federal tax law change, such as more rapid depreciation of newly purchased assets. Two approved foreign trade zones will allow the deferment of import taxes. Public Utility Tax rebates of 50% on increased consumption for qualifying industries, and reduced rate for manufacturers and agricultural processors. Accelerated experience ratings for new employers. How to Form a Corporation or Form an LLC Online You May Use This Link to Form a Corporation or Register an LLC |
Live Help » Live Help is a real time "chat" feature which enables you to interact with a customer service representative without a phone call. Get answers to your questions while using our website. Clicking the "Live Help" button will start an on-line session with one of our representatives. Live Help is currently available during normal business hours. Outside of the above opening hours our business center will be closed. When you click on the button you will see an e-mail form that will allow you to send us a mail with your questions. Live Help is absolutely free! There are no hidden fees. We offer the service as a courtesy to our website visitors. Dear visitors, while having a chat session with a customer, we are frequently requested to give a piece of advice on tax planning or business structuring. We would like to inform you that it is against our principles to provide online advice pertaining to these issues. The points that may be covered during a session include service description, package or service price, navigation at our website, ways of making an order, methods of payment etc. Yet, if you wish us to provide you with advice on tax or business structuring, you should be aware that this service is chargeable.
STATE OF DELAWARE ADVANTAGES. START OR RUN A BUSINESS IN DELAWARE
One of the best reasons for registering a corporation, or forming a limited liability company (LLC), is to separate your personal assets from your company's assets. Whether you are beginning a brand new business, expanding an existing enterprise or simply planning to create a sideline business to supplement earnings from your salaried job, you need to consider how best to legally organize your undertaking. These days you have a number of choices, including organizing as a sole proprietorship, partnership, limited liability company or corporation. If you conduct business without using a Delaware corporation, or limited liability company, you place your assets at risk. Separating your personal property from your business property, and using a legal form such as a corporation, can help protect your personal property.
1. Delaware is considered the most attractive state in the nation for organizing. 2. Delaware courts have a reputation of reaching reasonable and fair conclusions when construing the corporation laws. 3. Only one incorporator is required. A corporation may be the incorporator. 4. There is no minimum capital requirement. 5. The franchise tax compares favorably with that of other states. 6. For companies doing business outside of Delaware, there is no corporation income tax. 7. Delaware has no sales tax, personal property tax or intangible property tax on corporations. 8. No taxation upon shares of stock held by non-residents and no inheritance tax upon non-resident holders. 9. A corporation may keep all of its books and records outside of Delaware. 10. You may have a principal place of business/address outside of the State of Delaware as well.
A corporation is a separate tax entity from its owners. This means you can use your corporation to shelter business income instead of having to pay individual income taxes on all business profits each year. (For most corporations, the IRS allows you to accumulate up to $250,000 of earnings in the business, no questions asked.) Of course, you have to pay corporate income taxes on money left in the corporation, but because initial corporate tax rates are lower than the individual tax rates most business owners pay, you may reap substantial overall tax savings.
Corporate Capital Incentives. There is nothing better for attracting and motivating talented employees than sharing a piece of the ownership pie with them. The corporation easily accommodates employee capital participation through its ability to provide stock option, bonus and purchase plans. Corporations are also the preferred vehicle for raising private and public startup and expansion capital through the sale of stock to investors.
Corporate Activity Structure. The corporate form has a number of built-in ownership and activity layers - made up of shareholders, directors and officers - that allow a number of people to sensibly participate in its operations. This built-in division of activity and authority becomes important as the corporation becomes larger and needs to look beyond the founders to find people to help manage and fund the enterprise. The corporate form is designed to allow you to set up and make changes to these activity layers with standard paperwork and procedures - by electing new members to the board, appointing new officers and issuing stock to new investors.
Forming a corporation is an important, and sometimes exhausting, task. Typically, after the new entity is established and the initial shares sold to stockholders, the owners take a deep breath and get back to doing what they do best - running the day-to-day business operations. As a result, the owners often put off dealing with the many tasks necessary to properly run their new corporate entity. Leaving the care and feeding of your corporate legal entity undone is foolhardy. Failure to properly document and support important tax decisions and elections can result in a loss of crucial tax benefits. Even worse, the fact that you have ignored your own corporate existence may result in its being similarly disregarded by the courts, with the risk that you may be held personally liable for corporate debts. And, of course, as time passes and memories fade, the reasons for approval of important corporate decisions, and the extent of each director's or shareholder's participation in approval of these decisions, may be forgotten.
This often leads to controversy and dissension, even in the ranks of a closely held corporation. The use of written minutes, resolutions and written consents, which record all-important corporate decisions and the votes taken to approve them, helps defuse these potential blowups. Or, to put all of this more positively, your first and best line of defense against losing the protection of your corporate status while helping to ensure continued harmony among your directors and shareholders is to document important corporate decisions by preparing and maintaining adequate corporate records.
Delaware incorporation or formation of an LLC also allows you to take advantage of the statutory and judicial laws of Delaware, to help you plan how your business runs. An example: Delaware Law allows for a version of the Limited Liability Company often called a Serial LLC. An LLC is normally very simple to create. The major difference between an LLC and a sole proprietorship or a partnership is the limitation of liability an LLC brings to you. But say that you wanted to conduct more than one type of business, and you didn't want to create a separate corporation or Limited Liability Company for each.
The Serial LLC allows different lines of business to be treated separately from each other from a liability standpoint. So, for example, an LLC that owns several apartment buildings may insulate the LLC from liability for each individual building, if the operating agreement allows for it, and the operating agreement is followed. For more information take a look at the Limited Liability Company Act of the Delaware Code (especially, Title 6, Section 18-215; Series of members, managers or Limited Liability Company interests).
We can incorporate or registere a Delaware Limited Liability Company - LLC - as well as a Limited Partnership (LP) or Limited Liability Partnership (LLP).
Delaware Corporation with Resident Agent and Registered Address from only £174.00! All our Delaware corporations are general trading companies which include search name availability for your Delaware Corporation. Preparation and filing of Certificate of Incorporation with state office. Our incorporation service and State filing fees. Certified Copy of the Certificate of Incorporation. Delaware Resident Agent for 12 months. Registered Address in the State of Delaware for 12 months. Delivery Certified Copy of the Certificate of Incorporation is delivered as hard copy by post. The following documents will be delivered via E-Mail: a professionally-prepared 20 page Delaware Corporation By-laws ready-for-signature (Word. format). Minutes or Consents Documentation of Organizational Meeting. It will take just 5 minutes to complete the online incorporation form and you might get the company set up within 24-48 hours.
THE FOLLOWING UPGRADES CAN BE ADDED TO THE ABOVE PACKAGE:
1. Nominee Director service for 12 months - £140.00 2. Nominee Shareholder service for 12 months - £94.00 3. Non-Standard Certificate of Incorporation (4-5 pages) - £60.00 4. Employer Identification Number (EIN) - £40.00 5. Domain Name Registration (.com or .us) for two years - £30.00 6. 888, 877, or 866 toll-free telephone numbers - £50.00 7. Apostilled Certificate of Good Standing - £125.00 8. Apostilled Certificate of Incorporation - £110.00 9. Corporate Kit (seal is included) - £38.00
Forming an LLC (Limited Liability Company). The limited liability company or LLC is not a partnership or a corporation. An LLC is a distinct type of business that offers an alternative to partnerships and corporations, by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation. Limited liability companies, or LLCs, are becoming more and more popular, and it's easy to see why. They combine the personal liability protection of a corporation with the tax benefits and simplicity of a partnership. Similar to the corporation, an LLC is recognized as a separate legal entity from its "members." Thus, an LLC can own property, commit itself to contractual obligations, and even commit crimes. In addition, they're more flexible and require less on-going paperwork than corporations. The management of an LLC can be by members, in which case the management is much like that of a partnership. If the management of an LLC is by managers, then the management structure closely resembles a corporation.
We can help you quickly and easily set up a new LLC, or convert an existing business into an LLC. Filling out the Questionnaire is free. There is no time limit. At the end, you may decide whether or not you wish to purchase. Let Coddan help you with your LLC formation and any other legal procedures you may need. We make the process of incorporating as simple as possible so that you can take care of more important matters. Have more questions? Ready to get started? Please call: 1- 877-557-5939 or +44-207-637-3802 (UK) so that we may help you. Referrals and repeat customers generate most of our business. We are more than just a filing service; we develop relationships with clients to help make them successful and keep them returning.
RELEVANT INFORMATION FOR STARTING AN LLC IN DELAWARE
State Law Reference: Delaware Code Annotated, Section 18-101+.
Title Of Filing: Certificate of Formation. Delaware Company Name Requirements: The official name must contain the words "Limited Liability Company" or the abbreviation "LLC." Organizer Requirements: a Limited Liability Company may be organized by one person. The organizer need not be a natural person, nor a member. Certificate Of Formation Requirements: Certificates of Formation must contain the following: (1) name of company, (2) duration of company, if less than perpetual, (3) registered agent name and registered office address, and (4) any additional matters. Past and future contributions and the Limited Liability Company's power to avoid dissolution need not be stated.
Annual Report Requirement: Yes, to Department of State. Publication Requirement: No. Effective Date Of Limited Liability Company Organization: On the date of official approval of Certificate of Formation, the company becomes a legal entity and the members are shielded from personal liability. Membership Requirements: Minimum number of members required is one. The member may be a natural person or a business entity.
Transferability Of Interest: Unless provided otherwise in the Limited Liability Company Agreement, there is no free transferability of a member's Limited Liability Company interests. Transfers of interests must be approved by unanimous vote of all members. (Section 18-702(a)). Continuity Of Company: Unless provided otherwise in the Certificate of Formation or Limited Liability Company Agreement, a member's withdrawal has no effect on the continuity of the Limited Liability Company.
Management Requirements: Unless provided otherwise in the Certificate of Formation or Limited Liability Company Agreement, a Limited Liability Company is managed by its members. Operating Agreement Requirements: Delaware law refers to Operating Agreements as "Limited Liability Company Agreements" and they govern the rights, duties, and obligations of the members. They must be in writing.
Records Requirements: The Limited Liability Company must maintain copies of the following records at the company's regi