Company in Delaware – Now Is a Good Time to Start a Business in the USA!
May 18, 2017
As you may know, the banking system is a catalyst for economic growth. It’s not a secret that the United States of America had the title of the world’s first economy and even after the breakthrough of China’s economy by formal indicators Chinese people haven’t become richer than Americans. The banking system of the United States is one of the most powerful and one of the most active in the world, although it has even been “fevered” lately.
After the election of the American president, the market activity has revived and positively affected the financial results of the largest US banks in the first quarter of 2017.
For example, according to the reportsof Bank of America, the financial giant’s profit has increased by more than 40% in the first quarter of this year, thanks to an increase in interest rates and trading operations. Net income has increased to $ 4.3 billion (almost $ 1 billion higher than the same period of 2016). The profit of each share of the bank has increased from 28 to 41 cents. The total revenue amounted to about $ 22 billion, thereby increasing by 7%.
The same situation is with the New York bank Goldman Sachs Group – its net profit amounted to $ 2.2 billion (almost two times more, than in the same period of last year). The total revenue was slightly more than $ 8 billion, an increase of 27%.
The largest US bank JP Morgan Chase and the representative of the “Big 4” of American banks Citigroup bank also provided their statistical data and reportsfor public review earlier.The banks show that the results of their work on the first quarter of 2017 outperformed the expected results and analytical forecasts. The increase in indicators is also due to the growth of trade operations.
Summing up such news it can only be stated, that the opening of business within the USA remains an attractive prospect for stakeholders. This proposal is especially attractive for those who are engaged in IT business and those who are looking for a suitable platform for their start-up. Although, the company in the USA could be useful to those who plan to emigrate. After all, getting a “green card” becomes easier, if you motivate the move by productive business in the US.
It should be noted that it is almost impossible to open an account with an American bank without a personal presence, as it is difficult to explain the specifics of the IT business to the bank. Often American banks present to foreign companies rather abstract requirements. There have been cases when the bank requested, for example, program code, etc. However, for companies registered in the state of Delaware it is quite feasible to open an account with a local bank and this will be much easier than for example for a company originating from Europe or the UK. In case you are planning to use company in Delaware for offshore purposes, as a tax-free enterprise in a respectable American jurisdiction, it is better to open an account outside the US. Managers of Offshore Express Company can help in opening a bank account in a short time.
On our side, it is possible to register a company in Delaware. Our managers assist in the registration of enterprises in the form of C-corporation(a corporation with a more complex structure, consisting of shareholders and board members) or LLC (limited liability company which is more simple and convenient in management, can be also useful for investors and persons providing consulting services).
Company in Delaware is a rather convenient tool for business. Individuals or companies non-residents of the USA may establish this type of entity. State law on limited liability companies guarantees the absence of personal liability of members for debts and other obligations of the company. The law protects the owners of the company from any claims or pretensions as well. At the same time, participation in the management of the company does not entail an increase in the scope of liability. An information concerning the participants and the persons managing the company remain confidential. The location of the place of company’s management can be anywhere in the world, as well as the venue of the meetings.
Taxes on profits and sales for companies in Delaware can be reduced to zero under certain circumstances, which you can find out by contacting our managers. Nevertheless, there is a requirement to pay an annual fee and file an annual return in Delaware. The costs for the maintenance of company in Delaware are not significantly different from the value of the ordinary offshore companyin the Seychelles, Mauritius, BVI, Belize, Panama or St. Vincent annual costs.