Overview
Delaware is a state of the USA whose companies are exempt from all US taxes as long as it is not owned by a US citizen and it receives no US source income. Their company law is governed by the Delaware Corporation Law 1994-1995.
Advantages of Delaware Companies
Delaware companies are very flexible and are ideal as purely asset holding companies and to act as directors of other companies. They are not that well known as offshore companies and strictly speaking they are not classed as such.
