Delaware offshore solution for fixed assets

Fixed assets protection: If you have fixed assets such as for example a lump sum sale involving a house sale or a lump sum sale Delaware as a jurisdiction to create a beneficiary company has proved to be the most reliable and solid solution.

Separating legal entities increases protection: A Limited lieability in Delaware is a completely separate legal entity from anyone involved in establishing it.  This means that as a member of a Limited Liability Company in Delaware you are able to limit  your risk and liability to you initial investment, your assets, made into the corporation.

Stable and safe: Depending on your situation, Delaware's politically and economically stable and ‘safe’ economical environment can have a big positive impact and mark a significant change for you. Delaware is governed by strict codes of practice, which provides ample protection to members (Delaware's term for 'partners') and their assets, that is, your assets.

Transferring easily even in event of beneficiary death: Are you wanting to make sure your children get their just inheritance? A member’s shares can be willed, transferred and distributed very easily in Delaware. This will ensure your investment doesn't disappear or gets blocked but can be carried on in any event. 

Long list of what ISN'T required: Delaware, as can be seen, holds a long list of advantages, but on top of that there is also a list of requirements that are usually found that are NOT required: Among others there is no minimum capital is required, only one incorporator is needed, there is no sales tax, no tax on shares or stocks, and no inheritance tax.

Reporting Needs: A Delaware offshore company is not required to report its asset, which increases protection of all members involved, shields information from unwanted eyes and decreases complication. A company can keep their records and books outside of Delaware, same as the principal office.

Delaware reputation: Apart from having courts with a reputation of making fair, business friendly decisions, Delaware is one of the most popular offshore jurisdictions for several situations. More than 230.000 companies are incorporated in, which makes Delaware the leading state in the US in terms of amount of domicile and international corporations.

New Bills to be introduced to ease small business practice

The ad hoc Small Business Caucus has written the following bills in order to address issues that small-business owners brought to caucus members during meetings throughout the state. If you have any questions regarding what advantages and concrete results will be brought by these changes, do contact one of our consultants who will be happy to expand.

The initiatives include legislation to:

• Prohibit out-of-state contractors from requiring Delaware subcontractors who are working on local projects to travel out of state to have their legal disputes heard.
• Increase regulatory flexibility and create a friendlier regulatory climate for small business.
• Request a formal analysis of the impact on premium costs to employers that resulted from the 2007 passage of reforms to the workers' compensation law.

(Source: delawareonline.com)