Delaware is a place located in the United States. Delaware is often known as an offshore tax haven. The question is why one should start a business in Delaware? The reason is very simple. You can start a business in Delaware for as little as $89.00. The annual tax due is also as low as $60.00 in most cases. Delaware LLCs, sometimes called Delaware offshore companies or nonresident Delaware companies, are those that have no income tax on business transactions and profits made outside the United States and whose members are nonresident aliens in the United States. The cost of doing business as a Delaware company is also quite affordable.

The next best reason to register as a Delaware limited liability company is that Delaware law allows for the separation of your personal assets from company assets. If someone invests his own personal property for his business, he will be solely responsible for the loss of his property. Separating your personal property from business property helps you protect your personal property. And it’s easy to do it by using a legal form to incorporate as a Delaware limited liability company. Delaware court laws allow you to plan how your business operates.

A Stable Legal Platform: Delaware has a separate commercial court known as the Court of Chancery. It is different from other courts where judges are chosen. The Delaware Court of Chancery does not use a jury and judges are appointed based solely on merit. Decisions made by judges are issued as written opinions. As such, Delaware relies on a large amount of written legal precedent.

This makes it a unique system and provides you with a very stable platform to trade. In other words, the rules are very transparent and you can easily know the rule framework in which you need to operate. With little regard for business growth, the court reserves the right to change the rules at the whim of the people. The Delaware Limited Liability Registry Office receives a large percentage of its revenue from registration fees. This is the only reason why it is a good center of attraction for companies.

Some of the advantages of incorporating as an LLC in Delaware summarized are:

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

– Because the court is based on written decisions, so they are very easy to follow and very transparent.

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

Therefore, incorporating your company as a Delaware limited liability company has many advantages, especially as an offshore company transacting business outside of the United States. In addition, sixty percent of US Fortune 500 public companies, sixty percent of US public companies listed on the New York Stock Exchange, and seventy percent of US public company IPOs are incorporated in Delaware. So Delaware is a very good place to be if your limited liability company is incorporated in Delaware.