The state of Delaware is one of the 50 states of the United States of America, located in the northeast of the country. This historical offshore place enjoys a great international reputation and certainly remains as one of the most well known offshore jurisdiction worldwide. In addition to provide very competitive tax benefits for all companies incorporated on its territory, the state of Delaware can also allow (under certain conditions) the beneficial owner of the offshore company to get the American Green Card and to become a US resident.
The main benefit of having an offshore company in Delaware is that the local authorities are tax friendly with all entities willing to do business out of the state. The state of Delaware encourages you to register your offshore corporate there by not taxing your offshore profit ie done outside of the territory. However, its strong mediatization in Europe has made it difficult to use your offshore company incorporated in Delaware within the European Union. Indeed, the European tax authorities may notify a reclassification to the local companies having been charged by an offshore company incorporated in Delaware.
That’s why, at FCBA Offshore Ltd, we do recommend first to the owners of an offshore corporate registered in Delaware and having difficulties in invoicing some business partners to contact us. We will advise you to incorporate a company within a new jurisdiction which will not prevent you from charging your clients. Also, for those interested in opening an offshore bank account linked to their offshore company already incorporated in Delaware, be aware that we do have strong and experienced banking partners that will offer all banking services you need.
Finally, be aware that the initial deposit of your offshore bank account required by banks is quite low and should therefore by no means be a drag for you to open your offshore ban account.