1. What are the Benefits of Delaware companies in USA?
Set up companies in the United States, is the most popular registration is the most attractive states nationwide. Because Delaware is the most wide tax system, the tax base is narrow that also is the only the state don’t have sales tax. Currently, more than half of the Fortune 500 companies, which are incorporated in Delaware, and one third of the New York Stock Exchange and American Stock Exchange listed company incorporated in Delaware.
2. What Should I Name My Company?
Use of companies name don’t have any restriction, but in order to avoid duplication then the best way is applicant more than three company names. Through searching, then determined using which one. Company name may contain words "Association", “Company ", "Corporation", “Foundation’’, "Fund ", " Incorporated”, “ Institute”, "Society”, " Union”, “Syndicate", “Limited", or its acronym. The names of companies register can not use for the same or similar names as included: "Bank", “Trust" wording to be first approved by the United States Federal Reserve. Limited Liability Company only use Limited Liability Company, in short ‘ LLC ‘end.
3. Share capital and directors？
The minimum number of Directors and shareholders for corporation is one. Corporate Directors are not permitted.A president, treasurer and secretary must be appointed. One person can hold all of these offices and there are no residency requirements.Details of directors and offices must be provided.
4 What is the low & predictable taxes in USA?
One fequently -cited advantage is that the state‘s internationally renowned court of chancery,deals exclusively with corporate matters. Judges of this Court are appointed on merit alone and not elected. The corporate laws of Delaware are very user-friendly and have often been used by other states as a standard for testing corporate laws. As a result, the corporate laws in Delaware are familiar to many lawyers both domestically and internationally. There is no income state tax for Delaware Corporations or LLCs that do not conduct business in the US. The only tax typically payable is an annual franchise tax which falls due on the 1st of March (Corporation) and 1st June (LLC) each year respectively. The annual franchise tax for a Corporation with the standard minimum share capital is USD35 plus an additional USD25 filing fee for the annual franchise tax report. For a LLC, the franchise tax is USD200.
5. How to open an account in a bank?
Bank account must be set up after companies have been registered. After U.S. companies registered can open offshore bank accounts in USA, ATA Group can help clients do bank accounts, the required documents are: registration certificate, seal, the local registered agent by the United States issued a notarized document and signed by the accountants accounts (Certified true copies), personal identity documents and deposit accounts equivalent HK 10000. Our services include: recommending bank accounts, arrange for your local agent by the United States issued a notarized document (companies need to produce more than one year good standing), the record of the meeting, as introducer, sent people to assistance.
6.What is the incorporation procedure?
When you incorporate online name availability can be checked instantly. If the company is incorporated online, it can be delivered within the hour (subject to Companies House) - otherwise, incorporation takes 4-5 days and the documents are immediately available thereafter.
7.What consent is required prior to incorporation?
None - apart from sensitive words (i.e. British, Insurance, Society, Royal, etc.)
8.Are licences required?
Yes, for certain specified groups, which include for banking, insurance, financial services, consumer credit related services and employment agencies.
9.Is there disclosure of Beneficial Owner to the Government?
No
10.Are there restrictions on names?
Yes, certain names including references to Royal, International, British, Group etc. will need justification. A name will not to be registered if it is the same as an existing company, unless there is some clear distinction (e.g. by trade) with that of an existing company.
11.Is a resident agent required?
No
12.Is a registered office required?
Yes, a company incorporated in England or Wales must have a registered office in England or Wales. Scottish companies must have their registered offices in Scotland.
13.What documents must maintained at the registered office?
Certificate of Incorporation, Statutory books, Register of members, accounting records (however, directors can decide to keep them in a different place.) Records for a limited company (LTD) have to be kept for at least three years, for a public limited company (PLC) for six years.
Incorporate 4 Business can supply this service using our prestigious 72 New Bond Street, London business address.
14.Are documents available for public inspection?
Generally documents are open to public inspection, such as accounts, debentures, names of directors, share capital, particulars of any legal charges. However, some documents are only available for inspection to shareholders.
15.Where can the company be administered?
Anywhere in the world.
16.Can the company trade within the jurisdiction?
Yes.