Delaware LLC - for e-business

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ilmzomz

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Dec 24, 2019
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Hi,

I'm looking to start an e-business to sell cloud services like data backup. My company would appoint channel partners in the different countries to sell the services my e-business offers and for this reason, am looking at selecting the most suitable location in which to form the company.

I would consider the UK, but being a non-resident director/owner it would be a challenge to open a bank a/c and thus would have to use PayPal. And with PayPal requiring one to link a credit card or bank a/c, would make the whole thing even more challenging.

So I'm considering a Delaware LLC.
I understand from the Delaware LLC formation companies, Delaware offers anonymity of owners and director/officers; Allows foreigners to own a company in Delaware and there is no taxation on income from outside the US?
Some formation companies also suggest have a neobank a/c as a foreigner.

Compared to places like Seychelles or the UAE, Delaware is even cheaper for formation and maintenance.

What I need to know is, since there is anonymity, in whose names are the documents filed?

Also, is the EIN required in such a scenario?

Just needed some neutral guidance, pls.
 
ilmzomz said:
Hi,

I'm looking to start an e-business to sell cloud services like data backup. My company would appoint channel partners in the different countries to sell the services my e-business offers and for this reason, am looking at selecting the most suitable location in which to form the company.

I would consider the UK, but being a non-resident director/owner it would be a challenge to open a bank a/c and thus would have to use PayPal. And with PayPal requiring one to link a credit card or bank a/c, would make the whole thing even more challenging.

So I'm considering a Delaware LLC.
I understand from the Delaware LLC formation companies, Delaware offers anonymity of owners and director/officers; Allows foreigners to own a company in Delaware and there is no taxation on income from outside the US?
Some formation companies also suggest have a neobank a/c as a foreigner.

Compared to places like Seychelles or the UAE, Delaware is even cheaper for formation and maintenance.

What I need to know is, since there is anonymity, in whose names are the documents filed?

Also, is the EIN required in such a scenario?

Just needed some neutral guidance, pls.
Click to expand...
Documents are file at your name, but the company records are not public and your name does not appear there. You also need a EIN for the LLC. PM for more info.
 
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