Delaware, USA LLC Delaware was the first of the original thirteen states to ratify the Constitution of the United States on December 7, 1787. Delaware's capital was moved from New Castle to Dover in 1777. The state's present constitution, its fourth, has been modernized with many new amendments. Delaware has two U.S. Senators who are elected for six-year terms and one U.S. Representative who serves a two-year term. Delaware is nestled in the heart of the I-95 Northeast Corridor which stretches from Boston to Richmond along the Mid-Atlantic Coast. Travel to and from the First State is convenient whether traveling by car, train or plane. Opportunities for day trips or weekend getaways are limitless as northern Delaware is located within 100 miles of Philadelphia, Baltimore, Washington, D.C. and New York City. Delaware is proud to be home to world-class museums, a rich history, opera and other cultural activities that rival larger metropolitan areas. One of the most popular tourist destinations on the East Coast, the Delaware seashore, continues to draw vacationers from points north and south by offering a safe, clean environment for vacationers. The United States LLC is not a partnership or a corporation. It is a distinct business entity that offers an alternative to partnerships and corporations by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation. US LLCs with non-resident members and which conduct no business in the US and which have no US-source income are not subject to US federal income tax and are not required to file a US income tax return. US LLCs are popular vehicles for conducting international business. For offshore business usually Corporation or Limited Liability Company (LLC) types are used, those based on the General Corporation Law and Limited Liability Act. Company Statute: Limited Liability Company (LLC) Taxation: US limited liability companies that conduct no business in the recommended states of formation with non-resident members are generally not subject to state income tax and are not required to file a state income tax return. Shareholders/Members Normally one. Directors/Managers Normally one. Registered Office Required Yes. Must be maintained in state of incorporation/formation at the office of a professional registered agent. Name Restrictions Anything identical or similar to an existing company within the state of formation. Additionally, the use of bank, trust, insurance or reinsurance within the name of the LLC is generally prohibited in all 50 states. This is because limited liability companies in most states are simply not allowed to engage in a banking or insurance business. Financial Statements There is generally no requirement to file financial statements with the state of formation unless the corporation owns assets within that state or has conducted business within that state. Annual Report/Licence Fees USD 200.

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