General Information
Company Law
Delaware Limited Liability Company Act
Type of Company
Limited Liability Company (LLC)
Language of Legislation and Corporate Documents
English
Taxation of Foreign Profits
Nil (for single member LLC with no U.S. shareholders)
Exchange Controls
None
Length of Time to Form a LLC
3 weeks (expedite service is available)
Shelf Companies Available
Yes
Corporate Names
Name Restrictions
Names identical or similar, offensive words
Endings and Abbreviations Required
Limited Liability Company or its abbreviation LLC
Length of Time to Verify Name Availability
few minutes
Reservation of Names Permitted
Language of Name
Any language
Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license
Yes, especially those
Capital and Members
Minimum Number of Members
One
Local Members Required
No
Corporate Members Permitted
Disclosure of Members
Minimum Authorized Capital Required
No minimum
Bearer Shares Permitted
N/A
Registered Shares Permitted
No Par Value Shares Permitted
Managers
Minimum Number of Managers
Qualifications of Directors
Legal Age
Corporate Managers Permitted
Local Directors/Officers Permitted
Appointment of Subsequent Managers
LLC Agreement
Meetings
Annual General Meeting of Shareholders Required
Annual General Meeting of Managers Required
Location of Directors and Shareholders Meetings
Anywhere
Adoption by Consent Permitted
Quorum required for purposes of meetings
Local Requirements
Qualified Registered Office/Agent
Yes / Yes
Government Register of Shareholders
Optional
Government Register of Directors/Officers
Government Register of Charges
Register of Directors/Officers to be kept at Registered Office
Company Seal Required
Copy of Minutes to be kept at Registered Office
Copy of Share Register to be kept at Registered Office
