1. home
  2. start
  3. private account
  4. bank cards
  5. investing
  6. offshore companies
  7. trusts
  8. faq

Form Your Company

 

 

 

Contact

Live Help
Encrypted Call
Email Us
Call Us
 

US LLCs

Tax-Free Havens for Non US Citizens

 

 

The USA and other high tax countries hate offshore jurisdictions because they drain money out of their coffers, yet the US is the biggest offshore jurisdiction in the world!


According to Internal Revenue Services (IRS) regulations, US LLCs which are owned by a single foreign individual or company are "Disregarded Entities".  This means you can:

  • Buy and sell stocks tax free without paying capital gains!
  • Get bank interest and insurance company interest tax free!
  • Pay no taxes on worldwide income outside of the US, or capital gains tax within the US!

You don’t even need to file a tax return YET you can still have a full US tax ID number, just like any other operating company.  You can even have a virtual office in the US, a phone or fax number in the US, or phone number in the US that forwards to someplace else in the world if you like.


US LLCs are private.


LLCs tend to have managers rather than directors, and that manager can be a single company – so you don’t need to provide your name on any public documents. For an added layer of privacy, Capital Conservator can provide nominee managers and even owners through its affiliated trust company, for qualified customers.


These outstanding qualities make US LLCs some of the best offshore asset protection structures in the world. The best part is that these offshore companies bring money INTO the US! This provides a compelling reason, in addition to being the regional hegemon, for the US not to impose stricter restrictions or divulge personal information.


Each state plus the District of Columbia have released their own LLCs. Which are the best?


We have sourced for you those that are easier to use as offshore companies for foreign persons:


Delaware LLC Information


More than 50% of the major corporations in the world are incorporated in Delaware. Why? Because it provides the anonymity that most offshore jurisdictions do not offer. The Delaware Registered Agent is NOT required to keep any information on the beneficial owner, and the State of Delaware does NOT require that the beneficial owner's identity be disclosed.


Benefits of Delaware LLCs

  • Can be formed online in 1 business day
  • Protection from personal liability for business debts
  • Perpetual existence, so the LLC continues even if an owner dies or leaves the business
  • Owners need not be US citizens or permanent residents
  • LLCs need not hold annual meetings or record meeting minutes
  • Managers can be entities or natural persons. The identities of managers and members need not be disclosed
  • We can submit your LLC formation directly to the state without your signature
  • All arrangements are contained in an internal Operating agreement that is NOT filed with anyone. The Operating Agreement can contain any provisions NOT specifically prohibited by law.
  • Totally tax free, as long as you do not do business in the State of Delaware
  • A US company gives you credibility with existing and potential customers
  • The best business laws in the world. Delaware has special business courts called ‘courts of chancery’ that process cases quickly, and don’t deliver surprise verdicts,

Another great advantage of Delaware as a jurisdiction is that it offers Series LLCs which are very useful for protecting and segregating your assets. Series LLCs allow for the creation of separate asset containers within a single company. The assets and liabilities of each container are separate from other asset containers and even from the company itself! This means you can have companies WITHIN companies, and this can be done informally – a company can create these asset containers and it requires no public filing beyond a notice in the original company document that it is a Series LLC.  You must, however, separately account and hold the assets of each separate series or asset container.


If a creditor wants to invade a series LLC and take the assets from its beneficial owner, he has to make a claim against each separate asset container.


The result is that it is very long, hard and complicated process for creditors to gain access to assets held within a series LLC.


Even when somebody manages to get a judgment against a series LLC, they are subject to charging order protection. They cannot make a claim on shares because series LLCs have members rather than shareholders.  All a creditor can do is make a claim on any dividend you take. Capital Conservator can also advise you on the issuing of dividends.


At the moment only Delaware offers Series LLCs but we hope soon to see the introduction of this legislation in other US jurisdictions which may profit our customers.


Word of warning: Delaware LLCs are popular but not suitable for everybody. In Eastern Europe and the Baltic states in particular they have been associated with illegal activities. As a result many people in this region do not deal with Delaware companies or impose special documentary requirements that defeat the purpose of opening the company. We advise customers that do business in this region to speak with prospective business or banking partners first to see whether they accept Delaware LLCs.

 

Washington LLC Information


Get your offshore company stamped and authorized by Capitol Hill! Washington companies are very popular with our customers because they are extremely well received all over the world, recognition of the fact that they are registered in the Federal Capitol. In our experience they work very well to reduce the hassle traditionally associated with getting your company accepted by banks and business partners. The drawbacks are a slightly higher cost to incorporate and a longer registration period.


Benefits of Washington LLCs

  • Protection from personal liability for business debts
  • Perpetual existence, so the LLC continues even if an owner dies or leaves the business
  • Owners need not be U.S. citizens or permanent residents
  • LLCs need not hold annual meetings or record meeting minutes 
  • Managers can be entities or natural persons. The identities of managers and members need not be disclosed
  • We can submit your LLC formation directly to the state without your signature.
  • The state typically completes filings within 7-10 business days.
  • Totally tax free, as long as you do not do business in the District of Columbia
  • Does not require a business address located in DC
  • All arrangements are contained in an internal Operating agreement that is NOT filed with anyone. The Operating Agreement can contain any provisions NOT specifically prohibited by law.
  • A US company gives you credibility with existing and potential customers

Florida LLC Information


Florida is another jurisdiction which offers minimum documentation requirements. It is well connected for those with Latin-American business links with Miami doubling as a financial centre for the area.  Florida LLCs are well-respected and carry all the benefits of US authorization, and can be formed in only 2 working days.


Benefits of Florida LLCs

  • Protection from personal liability for business debts
  • Perpetual existence, so the LLC continues even if an owner dies or leaves the business
  • Owners need not be U.S. citizens or permanent residents
  • LLCs need not hold annual meetings or record meeting minutes
  • We can submit your LLC formation directly to the state without your signature.
  • The state does not require a business address located in Florida.
  • Totally tax free, as long as you do not do business in the State of Florida
  • Managers can be entities or natural persons. The identities of managers and members need not   be disclosed
  • All arrangements are contained in an internal Operating agreement that is NOT filed with anyone. The Operating Agreement can contain any provisions NOT specifically prohibited by law.
  • A US company gives you credibility with existing and potential customers
  • The state typically completes filings within 1-2 business days

private banking | offshore company | offshore companies | offshore company formation | seychelles ibc | panama corporations | us llc |

belize ibc | nevis companies | seychelles special license company

 

         Important notice:
         - CCG DOES NOT PROVIDE TAX ADVICE OF ANY KIND. IT IS THE CUSTOMER'S RESPONSIBILITY TO COMPLY WITH THEIR COUNTRY'S TAX LAWS.
           NEITHER CCG NOR ANY CCG SUBSIDIARY IS A REGISTERED BANK. THE CCG ARBITRATION CENTRE IS NASSAU, THE BAHAMAS.

 

©Copyright 2003-2014, All Rights Reserved, Capital Conservator Holdings LLC.