LLC, Private Limited, IBC (International Business Company) Comparison - Delaware (US)

Updated time: Nov 11, 2015 , 10:40 (UTC+08:00)

  

 

LLC

Private Limited

IBC

Annual filings

Varies but generally simple: company renewal, sometimes summarized financial statement.

Varies but generally requires declaration of directors, shareholders, activities, and financial statements.

None.

Officials

Members.

Directors.

Directors.

Ownership

Member agreement.

Shareholders.

Shareholders.

Public records

Often just name of company.

Company details, details about directors, and sometimes shareholders

None.

Record keeping

Often simple but must be kept.

Detail records to be kept.

Often simple but must be kept.

Taxation

Pass-through (members are taxed on personal income).

Corporate tax.

None.

 


Related Articles

  1. Big Deal In Singapore National Day 2018
  2. One IBC Limited (Incorporated in Hong Kong) owns The Trust or Company Service Provider License (TCSP) in Hong Kong
  3. No Longer Support TLS 1.0 Web Browser
  4. Hong Kong Remains The Easiest Jurisdiction In Asia Pacific For Accounting And Tax Compliance
  5. UK Corporate Tax Down To 17% In 2018? Is It Real?
  6. Hong Kong introduces two-tier profits tax rates regime
  7. One IBC Awarded Value Partner 2017 - 2018 from OCBC
  8. Announcement On Public Holiday 2018 International Labor Day
  9. One IBC CPA Limited - Owning License CPA in Hong Kong
  10. One IBC Pte. Ltd - Owning License Corporate Services Provider in Singapore