A Delaware Limited Liability Company

Delaware is a place located in the United States. Delaware is often known as a offshore tax haven. The question is why one should open a company in Delaware? The reason is very simple. You can open a company in Delaware for an initial charge that is as low as $89.00. The annual tax payable is also as low as $60.00 in most cases. Delaware LLCs, sometimes referred to as Delaware offshore companies or Delaware companies for non-residents, are those in which no income tax is levied on business transactions and benefits that are derived outside of the United States and whose members are US non-resident aliens. The cost of doing business as a Delaware corporate is also quite affordable.

The next and the best reason for registration as a Delaware limited liability company is that Delaware law allows the separation of your personal assets from the assets of the company. If someone invests his own personal property for his business, he will be solely responsible for the loss of his assets. The separation of your personal assets from business property helps you to protect your personal property. And it is easy to do so by the use of a legal form to incorporate as a Delaware limited liability company. The judicial laws of Delaware enable you to plan how your business runs.

A stable legal platform: Delaware has a separate business court that is known as the Court of Chancery. It is unlike other courts in which judges are elected. The Delaware Court of Chancery does not use a jury and the appointment of judges is made only on merit. Decisions made by judges are issued as written opinions. As such, Delaware relies upon a large body of written legal precedents.

This makes it a very unique system and provides you a very stable platform to operate. In other words, the rules are very transparent and you can easily know on the framework of rules that you need to operate within. With little regard for the growth of business, the court reserves the right to change the rules based on popular whims. The Delaware limited liability registration office receives a large percentage of its revenue from registration fees. This is the only reason that it is such a good center of attraction for companies.

Some of the advantages of incorporation as an LLC in Delaware stated in a nut shell are:

* It has a large body of business laws that causes a reduction in the number of lawsuits filed.

* Because the court relies on written decisions so these are very easy to follow and are very transparent.

* Legal textbooks related to Delaware corporate case laws are recommended. They are used to even teach law students because of their well written legal opinions.

Therefore, there are many advantages of the incorporation of your company as a Delaware limited liability company, especially as an offshore company doing business transactions outside the United States. Further, sixty percent Fortune 500 US public companies, sixty percent NYSE-listed US public companies, and seventy percent IPOs of US public companies are incorporated in Delaware. So, Delaware is a very good place to be in if your limited liability company is incorporated in Delaware.

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