Benefits of choosing an LLC company structure for vessel registration:
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- Processing time is 3-5 working days.
- We need a Passport copy of the LLC owner and if there is more than 1 owner, we need passport copies of all owners.
- Suggest at least two names while filling up the form so we can check the name availability.
- Non-US citizens can legally own a Delaware LLC, which can then own a vessel registered in Delaware.
- Delaware offers several tax advantages, including no sales tax, personal property tax, intangible tax, or stock transfer tax.
- Corporate income tax is not levied on income earned outside the state of Delaware.
- By establishing a Delaware LLC, boat owners can safeguard themselves against personal liability arising from potential damages caused by their boat or its operators.
- Registering a boat under a Delaware LLC allows the owner to maintain privacy. Delaware does not require the disclosure of LLC members’ information to the state or include it in public records.
- The cost of registering a vessel and incorporating a Delaware company is affordable and annual tax is also very low.
LLC setup:
Our company can assist you to setup LLC in Delaware or other states in US.
- Delaware LLC cost: USD $280.
- Processing time 6-7 working days.
Required Documents:
We only need the copy of the owner’s passport scanned copy.