INCORPORATION FEES

 

 

SERIES LLC’S FOR FRACTIONAL OWNERSHIP
ALSO KNOWN AS “CELL LLC” OR “SERIAL LLC”

Delaware Series LLC (also known as a "Cell LLC" or "Serial LLC") is a unique Delaware LLC with unlimited asset segregation potential. Under one LLC you can set up numerous "series" owning separate assets.

A Series LLC is a special form of a Limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities arising from the other series.

We can establish your Series LLC in Delaware.

The below Price List refers to the Incorporation in the State of Delaware, including optional services that may be of interest to you.

INCORPORATION FEES (EUROS)
Registration and Processing Fees - USA/Delaware Series LLC – Euros 1,700.00 (*)
1st year annual Government License Fee (USD 200) – Euros 170.00
Draft of Multi Cell Operating Agreement to meet your specific requirements – Euros 750.00
Registered Offices in Delaware (Wilmington), as legally required – 680.00/annual
Annual maintenance fees – Euros 1,050.00/annual (**)
Opening of an offshore corporate bank account – General Disbursements – Euros 870.00 (Optional)
2nd set of certified documents for bank account opening purposes – Euros 325.00
Hand Plier Company Seal – Euros 75.00
DHL delivery of documents – Euros 70.00

(*) All documents will be provided notarized and apostilled as per Hague Convention.
(**) 1st year fees will be payable together with incorporation fees.

Remark: Annual fees relating next year, will be invoiced in January, on a pro-rata basis, for administrative reasons.

IMPORTANT REMARK:
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January

ANNUAL FEES
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent, to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, State Department, and other official departments

NOMINEE SERVICES
AN OPTIONAL SERVICE FOR CONFIDENTIALITY AND PRIVACY
Nominee Designated Member and/or Manager Service for Public Records for one year:

It is a perfectly legal device which preserves the privacy of an individual. It is designed to help a person who would rather not disclose their interest or association with a given corporate body.

The Nominee Officer(s) cannot and will not enter into any business contract or financial or moral commitment.

Our Firm will act as Nominee Designated Member and/or Manager for your corporate entity on an annual basis.

This service is primarily designed to help people keep non-trading or dormant Companies fully compliant with the law and perhaps to protect the identities of the persons actually controlling the Company.

At the same time the appointed nominees are not actually entitled to manage the Company.

We provide the beneficial owner with a Power of Attorney empowering him to run the business, manage the Company’s activities and open and operate the Company’s bank accounts

Nominee Designated Member, Shareholder and/or Director will only sign Company accounts and annual returns prepared by the accountants of the Company.

NOMINEE SERVICES - FEES
Provision of Nominee Member – Euros 350.00/annual per Cell (unit)
Provision of Nominee Manager – Euros 650.00/annual per Cell (unit)
Cost of P.O.A. – Euros 650.00

OTHER DOCUMENTS PROVIDED
Nominee Services Agreement
Declaration(s) of Trust
Resignation letter(s) signed and undated

FULL SERVICED VIRTUAL OFFICE IN USA
Recommended service - a service provided for those who incorporate offshore but simultaneously wish to offer the company a high degree of credibility internationally, and grant that all mail, phone calls and faxes addressed to your company by any entity, client, provider, … will be always received by you. At the address you ill notify us for that effect.

Dedicated and exclusive telephone line in US – 750.00/annual
Set up fee - Euros 50.00
Provision to cover diverting calls directly to your own phone line outside USA – Euros 500.00
Dedicated and exclusive fax line in US – 750.00/annual
Set up fee - Euros 50.00
Provision to cover fax re-forwarding on daily basis – Euros 200.00

WORLDWIDE CORPORATE BANK ACCOUNTS
International Recommended banks:
ABN AMRO, Hong Kong
Alliance Leicester Commercial Bank, UK
Anglo Irish Bank, Vienna, Austria
AP Anlage & Privatbank AG, Switzerland (Group Parex Bank)
Atlantic International Bank, Belize
Baltikums, Latvia
Bank of Bermuda Ltd (owned by HSBC), Bermuda
Barclays Bank, Isle of Man and Gibraltar
Credit Suisse, Zurich, Switzerland
FBME Bank Ltd, Cyprus
First Caribbean International Bank, in Turks & Caicos
Lloyds TSB Bank, Isle of Man and Jersey
Loyal Bank, St Vincent & The Grenadines
National Bank of New Zealand, Auckland
NBC Nuevo Banco Comercial, Uruguay, Montevideo
Parex Bank, Latvia
Provident Bank, Belize
Rietumu Bank, Latvia
Standard Bank, Isle of Man, Jersey and Mauritius
Amongst others

If either of these banks or jurisdictions to set up your corporate bank account suits you, we shall be very pleased to assist you.
Our Services before you deal directly with the bank by yourself:
Independent advice to help you to choose the right bank
Support regarding due diligence requirements
Assistance with filling in the required forms
Provision of properly legalized corporate documentation where applicable
Recommending you to the bank based on your individual profile and due diligence documentation
Representing you before the bank in the course of account opening

Remarks:
(a) If extra legalization and/or corporate documents are required by the bank, additional fees apply;
(b) Bank own account opening fees and costs (if any) will be charged from the first deposit to your account;
(c) Bank fees and costs are not included into our bank introduction fees.
(d) Any of the banks above always have their final word, after due diligence processed, by accepting you or not as their customers, depending on their on evaluation; however, you are always free to open your company’s bank account by yourself, with some other bank of your selection.

DISCLAIMER
(1) The above description is not an offer or soliciting to provide financial services of any kind inclusive but not limited to buying any security or investment product or receiving an investment advice from us. Bank fees and account opening terms inclusive due diligence requirements are subject to change from time to time without notice;
(2) After the account has been opened you deal directly with the bank by yourself, entirely at your own risk and at your sole discretion; we may not be responsible for any changes in the legal or financial status, requirements, fees and commissions of the aforesaid Banks.

INCLUSIONS
All documents will be provided certified by Public Notary and apostilled, as per Hague Convention, and as required by all banks in case you may wish to open a bank account;
Certificate of Formation
Statement of Organizer (optional) – only in case you do not wish the Certificate of Formation to have the Members and Managers names – Euros 225.00
Operating Agreement

TIME TO INCORPORATE
Considering all documents will be provided to you duly certified and apostilled, the usual delivery time will be between 6 to 7 working days – if delivery by DHL.

ANNUAL GOVERNMENT LICENSE FEES IN US DELAWARE
US Federal Taxation
US Limited Liability companies structured for partnership tax treatment 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.
State Taxation
US limited liability companies that conduct no business in the recommended states of formation with non-resident members are generally not subject to state income tax and are not required filing a state income tax return.
Annual Government License Fee in Delaware – US$ 200.00/annual

DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier, if a faster delivery service required.

HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle payment by swift wire bank transfer.

DOCUMENTS AND INFORMATION REQUIRED
1 - In case you do not contract our Nominee Services, we need you to provide us the names of the persons who will be appointed by you as Members and Managers for your Limited Liability Company. We shall need scanned copy of passports, and Utility Bills as proof of address.
2 - In case you will contract our Nominee Services, it will be required the same documents but just of your person, as the Beneficial Owner of the company, as its attorney, to enable us to issue the Power of Attorney in your behalf.
3 - Also 3 – 4 alternative names will be required to enable us to make the name search and approval for the company.

TIME REQUIRED GETTING YOUR COMPANY’S NAME APPROVED
Same day or next day latest

TIME TO INCORPORATE YOUR LLC IN DELAWARE
A new incorporated company will take approximately 3/4 days; Time to notarize and apostil all documents, approximately 4/5days; Delivery by DHL 2 days.

In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.