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» The advantages of incorporating a Limited Liability Corporation (LLC) in any of the 50 American states (and not just Delaware as used to be the case) are the following:
- Virtually no administrative responsibilities
- No tax on profits providing no activity has taken place on American soil and the officers or owners of the corporation are not American, and do not live in the USA
- VAT not applicable for sales abroad so end-clients/users will be billed ‘tax-exempt’
- Company officers may be paid without any withholding tax deduction being made.
» Because of their confidential nature, an LLC may be the ideal structure to act as a holding company in companies active in the EU.
» The incorporation procedure is rapid and efficient, and can be carried out within 2-3 days, receipt of documents taking another 8-10 days. Administrative procedures are minimal and no annual report is required providing no activity has taken place with the USA.
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