SITUATION
Delaware is situated on the eastern coast of the United States and is the largest State for company incorporations in the U.S.A. Approximately 40% of all companies listed on the New York and American Stock Exchanges are incorporated in Delaware, even though most of these companies are trading outside of the State.

COMPANY FORMATION
A new limited company is set up 'same day' with the name of your choice

TAXATION OF NON-RESIDENT CORPORATION
A Delaware non-resident corporation (i.e. a corporation not trading in Delaware and managed and controlled from outside Delaware) is not subject to Delaware State Taxes.

SHARE CAPITAL
There is no minimum capital requirement. Unless otherwise requested, the corporation will be established with an authorised capital of 1,500 shares of no par value, which is the maximum capital for the minimum duty payable.

OFFICERS OF THE COMPANY
One person may, if they wish, hold all the offices of a Delaware corporation, that is, Director, President and Treasurer. It order to appear similar to regular UK or other EU companies, our own secretarial company will act as company secretary.

CORPORATE ENDINGS
A Delaware limited corporation may end with the words: Company, Corporation, Incorporated or Limited or abbreviations such as Co., Corp., Inc. and Ltd.

ANNUAL REPORT AND ACCOUNTS
A Delaware corporation must file an annual report confirming the directors etc. each year. A non-resident corporation is not required to file accounts.

NOMINEES
Where required, we are able to provide nominee directors and shareholders to act on behalf of the beneficiaries. The names of the nominees only would appear on the official register at the Companies Registration Office in Delaware which is open for inspection by any interested party, but nominee papers are drawn up to ensure that the beneficiaries retain control over the corporation.

LONDON REPRESENTATIVE OFFICE
Though your tax haven company is located outside the UK, it is still possible to give the impression that your company is a regular UK registered company, for you are able to use our address (along with eMail, telephone and fax lines) as your 'UK representative office'. This does not make your company subject to UK taxes, for the use of this address is for administrative purposes only. Correspondence and messages that arrive here will be forwarded immediatley on receipt.