Delaware LLCs provide liability protection for owners. One of the most appealing advantages of a properly formed LLC is the liability protection it offers business owners.
Delaware LLCs provide liability protection for owners. When you own a business structured as a properly formed LLC, even if someone wins a judgment against your LLC, the liabilities are enforced against the LLC’s property, not your personal property.
Where can I set up a Delaware LLC?
Delaware Company Formation Located on the Atlantic coast, halfway between New York and Washington D.C., Delaware is one well known for its ease in setting up and maintaining an Inc. or LLC. Anybody, resident or not, can easily incorporate in the state of Delaware.
What makes a Delaware LLC a foreign entity?
In Delaware, an LLC or Corporation is formed with the Delaware Division of Corporations. That will be referred to as your “domestic state.” Your business will be considered a “foreign entity” in states outside your domestic state (America has 50 different states and a couple extra jurisdictions).
Can a foreigner start a business in Delaware?
You can start a business in Delaware from anywhere in the world. In fact, many of our clients are not living in America. We do not charge foreigners more money for filings, however, we would encourage you to review our resources section to make the whole process easier for you, specifically checking our Delaware LLC and Delaware Corporation pages.
Why is the state of Delaware a good domicile?
The State of Delaware is a leading domicile for U.S. and international business entities. Businesses choose Delaware not for one single reason, but because we provide a complete package of business entity services. We hope that this step by step process will assist you in forming your new business entity with the Delaware Division of Corporations.