Delaware is located on the Eastern Seaboard of the United States surrounded by the Atlantic Ocean and Delaware Bay, as well as by the states of New Jersey, Pennsylvania and Maryland. Its location affords easy access to the major metropolitan areas of the Northeast. Washington, D.C., Philadelphia, and Baltimore are all within a 2-hour drive.
In the early 20th century Delaware became a corporate jurisdiction and after acquiring such status the corporate regime has influenced more than half of the companies on the Fortune 500 list and companies listed on the New York Stock Exchange which were domiciled in Delaware.
The statute governing corporate law in the U.S. state of Delaware is Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code).
Type of Company
Limited Liability Company
Time to Incorporate
1 – 2 working days
Disclosure of Manager / Member Information
Information of member and manager is not accessible publicly
Delaware LLC is a disregarded entity. This means that the LLC is not subject to US tax if it does not conduct business in the US and the members of the LLC are Non US residents.
Manager can be natural person or corporate body and appointment of manager is not mandatory. The LLC can be member managed.
At least 1 member who can be natural person or corporate body
No audit requirement for accounts
Filing of Accounts
No need to prepare accounts. Accounts are not accessible publicly
Filing of Annual Return