Delaware

Geographic location:
USA
Population:
843,524
Native Language:
English
Currency:
US$
Political Status:
General Assembly - Cabinet form of Government
Legal System:
State Supreme Court, members appointed by the Governor for a term of 12 years.

DELAWARE
COMPANY FORMATION

First Year
Incorporation cost USD 1,300^*

Second Year
Maintenance cost USD 600

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OFFSHORE COMPANY - DELAWARE
Delaware is the second smallest state of the United States of America (USA), located on the Eastern Seaboard of America and bordered by Pennsylvania and Maryland.

Delaware is rated overall #1 in the past five years by the US Chamber of Commerce for its litigation system. The internal operations of Delaware Corporations and LLCs are governed by Delaware laws, vested in the Delaware Court of Chancery. The Court of Chancery has over 200 years of legal precedent in corporation and business entity law.

For over a century, Delaware has been the home for America's premier corporations. Over 60% of the Fortune 500 companies and over half of the US public listed companies are incorporated in Delaware.

Recent amendments to the Delaware LLC Act has made Delaware arguably the most advanced and flexible in all the states of America and the ideal jurisdiction for LLCs.

With optimal banking confidentiality, Delaware companies and trusts can be formed discreetly and there is no requirement to file any record of ownership with the Government.

Delaware Corporation
Whilst it is the non-resident LLC Delaware offshore entity that is more commonly available, pbcorporate.com.sg offers non-resident Delaware corporations for greater control of movements amongst company members. All non-resident corporations that do not conduct business in Delaware and do not receive income from a Delaware source, are exempt from corporate taxes, sales taxes and property taxes. There is also exemption from inheritance tax on stocks or shares held by non-residents. (The only tax paid to Delaware is an annual franchise tax.)