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| Requirements for Corporation formation |
| Registered office and registered agent are required – provided by CFG.
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Shares can be only registered. One shareholder is permitted.
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One director is required. He may be an individual or a corporate.
There're no residency requirements.
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Nominee director and shareholder are permitted – can be provided by CFG.
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Identities of shareholders and directors need not be disclosed to 'Registrar of Companies'.
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Annual return is not required.
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| Minimum capital prior to company formation is not required. | • |
| Requirements for LLC formation |
| LLC's can be easily formed and maintained in Delaware. The members and managers identity can be confidential. | • |
| One manager is required. He may be an individual or a corporation.
There are no residency requirements.
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Registered office and registered agent are required – provided by CFG.
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| Delaware (USA)
Note: Basically through CFG it is possible to form a company in any of the USA states. However, the progressive and efficient legislation in the state of Delaware makes it a preferable destination for company formation. In fact, more than half of the companies registered on New-York's Stock Exchange are Delaware Companies. The most common legal entities formed are Corporations and LLC’s (Limited Liability Companies).
Delaware is the second smallest state in the USA and it is located in the East Coast, bordering Pennsylvania, Maryland and New Jersey. One fifth of Delaware's income derives from banking and financial services and company formations. The direct outcome is that not only more than half of the companies traded in the USA stock exchanges are registered in Delaware but also that about 60% of the Fortune 500 companies are also registered in the State. The reason is a generous legislation system that makes Delaware one of the most attractive locations for forming companies. Nevertheless, it is important to note that Delaware is not included in the 'Black List' of the OECD.
 | Taxation |
The company is legally considered as an American entity and therefore is obliged to pay taxes in the USA on its global income. LLC's are taxed as partnerships and if they do not have income in the USA or they are not involved in USA businesses, they are not obliged to pay taxes, under the USA law. All the above relates to non USA citizens or residents only. An annual 'Jurisdiction Fee' is payable to the Authorities.
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