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USA LLC

UTRUST Rating	*****
General
Type of Company	LLC
Political Stability	Excellent
Standard Authorised Capital	No
Tax on Offshore Profits	Nil for non-resident
Corporate Requirements
Local Registered Office and Registered Agent Required	Yes
Minimum Number of Directors/Managers	1
Local Directors Required	No
Corporate Directors Permitted	Yes
Minimum Number of Shareholders/Members	1
Local Shareholders Required	No
Corporate Shareholders Permitted	Yes
Company Secretary Required	No
Bearer Shares Allowed	No
Annual Requirements
Filing of Annual Return	No
Submit Audited Accounts	No, but see section on tax
Min. Annual Tax / Licence Fees	2
Shelf Companies Available	No

GENERAL INFORMATION
Introduction
US LLC's with non-resident members and which conduct no business in the US and which have no US-source income are NOT subject to US federal income tax and are NOT required to file a US income tax return..

COMPANY INFORMATION
Procedure To Form
Filing of Articles of Organisation or Certificate of Formation with the Secretary of State in the preferred state of formation.
Language Of Legalisation And Corporate Documents
English. If any other language is used it must be accompanied by a translation in English.

Time To Incorporate/Form
Generally 2 days, but must allow an additional 5 - 7 business days for delivery of documentation.

Name Restrictions
Anything identical or similar to an existing company registered within the state of formation. The use of bank, trust, insurance or reinsurance within the name of the LLC is generally prohibited in all 50 states.

Language Of Name
The name can be in any language, however, some recommended states require an English translation.

Suffixes To Denote Corporation
Limited Liability Company or its abbreviation LLC.

State of Formation	Fee	Due Date
Delaware	US$ 200	June 1
Florida	US$ 50	May 1
Wyoming	US$ 50	Anniversary
Oregon	US$ 20	Anniversary
New Jersey	US$ 50	Anniversary
New York	Nil	N/A
Washington DC	US$ 200	(See Note 1)
Arkansas	US$ 50	June 1

Note 1
The report is filed every two years. If an LLC is formed prior to June 16 in any given year, it's first Two-Year Report is due June 16 that same year. It's next Two-Year Report will not be due for another 2 years.

If an LLC is formed after June 16 in a given year, its first Two-Year Report will be due June 16 the following year. Again, its next Two-Year Report will not be due for another 2 years.

FINANCIAL STATEMENTS
There is generally no requirement to file financial statements with the state of formation unless the corporation owns assets within that state or has conducted business within that state.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.

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