Offshore Company Formation United States of America (USA)
United States of America (USA) Taxation
The United States is not usually thought of as a tax haven. The LLC or limited liability company is however a legal structure which, in the right circumstances is not liable to taxation. The LLC is not a corporation and whilst it is not a partnership, probably the easiest way of describing it is as a partnership which is a legal person and which has limited liability. The LLC is not itself taxed and its income is taxed in the hands of the members or owners.
A United States Limited Liability Company which has non-resident members and which conducts no business and has no source of income in the United States is not subject to federal income tax and generally not subject to state income tax. The states in which LLC's are usually formed are Delaware , Wyoming Oregon , New Jersey , New York , Florida , Washington and Arkansas . These states require only a minimum annual report and a flat annual license fee.
| United States of America (USA) offshore company regulations |
| Type of entity |
LLC |
| Type of law |
Common |
| Corporate taxation |
Fiscally transparent |
| Double taxation treaties available |
Normally no |
Share Capital |
| Usual currency |
N/A |
| Permitted currencies |
N/A |
| Minimum paid up |
N/A |
| Usual authorised |
N/A |
Directors or Managers |
| Minimum number |
1 |
| Local resident required |
No |
| Records publicly available |
On formation |
| Location of Meetings |
Anywhere |
Shareholders / Members |
| Minimum number |
1 |
| Records publicly available |
No |
| Location of Meetings |
Anywhere |
Company Secretary |
| Required |
N/A |
| Local or qualified |
N/A |
Accounts |
| Required |
Yes |
| Audit required |
No |
| Filing required |
No |
| Publicly available |
No |
Other |
| Annual return required |
Yes |
| Change of domicile permitted |
Within U.S.A. only |
Why not talk to us about forming an offshore company in the United States? Call +353 1 431 9663 or Click Here to contact us.
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