What are the advantages of operating as a Delaware LLC by nonresident non-U.S. citizens?
34.1 If properly structured, a Delaware LLC will be treated as a partnership for Federal income tax purposes. And, you may be able to legally avoid all U.S. Federal income taxes for non-U.S. business source income. 34.2 The contractual flexibility of a Delaware LLC is unmatched by any other U.S. states LLC statute, and offers benefits typical of many offshore jurisdictions, i.e. the German GmbH. 34.3 As of December, 1997, U.S. law does not permit the Internal Revenue Service to report the income of a Delaware LLC to the government taxing authority of the country where you reside.
Related Questions
- What are the individual advantages to forming a Delaware corporation, or Limited Liability Company (LLC) to own my yacht, boat or other vessel, and in what state should I register it?
- How are Delaware corporations which are owned by nonresident/non-U.S. citizens or offshore corporations taxed?
- What are the advantages of operating as a Delaware LLC by nonresident non-U.S. citizens?
