Delaware Company Registration with Tax Partners
Delaware Company Registration is a smooth process when you have the right experts guiding you. With Tax Partners by your side, we ensure that your business is operational within the stipulated timeframe, allowing you to focus on other critical aspects of your business.
Delaware has long been the state of choice for businesses, including Fortune 500 companies, thanks to its low tax rates, business-friendly laws, and efficient incorporation process. At Tax Partners, we guide you through the entire Delaware business setup process, offering everything you need to establish your company in this advantageous jurisdiction.
Our services include
Delaware company registration with the Delaware Division of Corporations
Corporate bank account opening (local or international)
Nominee director and shareholder services
Company secretary and registered office address services
Annual filing and tax services
Can I Register My Company in Delaware?
Delaware has gained recognition as a “State of Choice” for many businesses. It's no surprise that entrepreneurs flock to Delaware to take advantage of its simplified business setup process, low tax rates, and flexible laws.
If you meet the basic requirements, such as having at least one director (with no restrictions on age, nationality, or residence), you can easily register a company in Delaware.
Delaware Registered Agent: While Delaware does not require you to be a resident to set up a company, foreigners must appoint a Delaware registered agent. The registered agent acts as the official liaison between the company and the Delaware Division of Corporations, receiving and forwarding legal and official documents. At Tax Partners, we provide registered agent services, ensuring you meet the state's requirements.
How Long Does It Take to Register a Company in Delaware?
Tax Partners ensures that your Delaware company registration is completed within 1 week. We handle all documentation, name searches, and filings with the Delaware Division of Corporations. You will not need to travel to Delaware, as we manage the entire process remotely.
Once your company is successfully registered, we will provide you with the necessary company documents, including the Certificate of Formation and Memorandum & Articles of Association. We also assist with opening a corporate bank account within 4 weeks, ensuring your company is ready to operate and issue invoices within 5 weeks of engaging Tax Partners.
Types of Business Activities You Can Carry Out in Delaware
Delaware allows a variety of business activities, with no major restrictions. However, foreign limited liability companies cannot engage in insurance business activities in Delaware. Otherwise, the state welcomes businesses from a wide array of industries.
Is Delaware a Tax Haven?
Delaware is often considered a tax haven due to its business-friendly tax regime:
No corporate taxes for businesses with no operations in Delaware
No sales tax on goods and services
Low personal income tax rates (0% to 6.6%)
No tax on intangible assets like trademarks and patents
For LLCs, income sourced outside of the US is not taxed. C corporations are subject to tax on both US and foreign sourced income.
Is an Apostille Needed?
An Apostille is necessary for documents being used in countries that are part of the Hague Convention. Tax Partners can handle the Apostille process for your Delaware company documents, including Articles of Incorporation and other business papers.
Types of Business Entities in Delaware
Before proceeding, it’s important to understand the different business structures available in Delaware. Tax Partners will assist you in selecting the most appropriate entity for your business needs.
Sole Proprietorship: The simplest structure for a single-owner business, where the business is not legally separate from the owner. However, it comes with unlimited liability, meaning personal assets could be at risk.
Corporations: Delaware corporations are separate legal entities and shield shareholders from personal liability.
Two types of corporations are commonly used:
C Corporations: Best for foreign entrepreneurs or those seeking public offerings.
S Corporations: Best for US residents seeking pass-through taxation (avoiding double taxation).
Limited Liability Company (LLC): LLCs are the most common business entity for foreign investors in Delaware. LLC members are not personally liable for business debts. LLCs offer flexibility in management and tax treatment.
Public Benefit Corporations (PBC): These corporations must act ethically and in a way that benefits the public good, in addition to generating profit.
Limited Partnerships (LP): Delaware allows for limited partnerships, where general partners are fully liable, and limited partners’ liability is restricted to their investment.
Private Foundation: Used for asset protection and estate planning, a Private Foundation operates with high privacy, making it popular for both residents and non-residents.
Steps to Proceed with Delaware Company Registration
Choose a Business Structure: Tax Partners helps you determine the best legal structure based on your goals and the type of business you plan to operate in Delaware.
Reserve Your Company Name: We check the availability of your preferred name with the Delaware Secretary of State.
Prepare Documents: We assist you in preparing and notarizing the necessary documents such as Articles of Incorporation and Operating Agreements.
Submit Your Application: We handle the filing of your Delaware business registration and obtain your Certificate of Formation.
Tax Registration: We assist with securing an Employer Identification Number (EIN), which is required for tax filing and operations.
Obtain Necessary Licenses: We guide you through obtaining any relevant business licenses or permits.
Open a Corporate Bank Account: We help establish your corporate bank account with a reputable bank, simplifying financial transactions.
Documents Required for Delaware Company Registration
Company name and structure
ID copies of directors, shareholders, and UBOs
Proof of address for the company’s registered office
EIN (Employer Identification Number)
Articles of Incorporation or Operating Agreement
Accounting and Tax Obligations
Corporate Income Tax: Delaware corporations are subject to state taxes and must file an annual corporate income tax return.
Sales Tax: There is no sales tax on goods or services in Delaware.
Audit Requirements: Only large companies must undergo an audit. Smaller companies are exempt.
Why Register a Company in Delaware?
Political Stability: Delaware has a strong legal system and political stability, making it an ideal jurisdiction for business formation.
Economic Advantages: Delaware offers significant tax benefits, with low corporate taxes and no sales tax on most transactions, making it highly attractive for investors.
Legal Protections: Delaware provides anonymity for company owners, and privacy laws protect the identity of directors and officers. Additionally, the Court of Chancery specializes in corporate disputes, ensuring quick resolutions.
Business-Friendly Environment: The state is known for its easy incorporation process, minimal bureaucracy, and tax-friendly regulations, making it an excellent choice for businesses.
Contact Tax Partners for Delaware Company Registration
For expert assistance in registering your company in Delaware, Tax Partners is your trusted partner. We ensure the entire process is smooth, efficient, and compliant with local regulations.
Contact us today to start your Delaware company registration. Our team will get back to you within 24 hours.