(1) |
Checklist for the registration and archives (a) Answer your questions regarding the registration and maintenance of an LLC in Delaware; (b) Check name availability for the LLC; (c) Pay the registration filing fee to Delaware Division of Corporations; (d) Standard Operating Agreement; (e) Record minutes of the first meeting of the members; (f) Compile minutes for opening a business bank account resolution, if any; (g) Customize a corporate kit, including metal corporate seal, share certificates, register of members, register of managers, and stock transfer ledger, etc. |
(2) |
Registered Address and Registered Agent for the first year Kaizen will provide a registered address and a registered agent in Delaware State for one year in compliance with the requirement of Division of Corporations of Delaware State for the purpose of registration of the company. |
(3) |
EIN application Employer Identification Number (EIN), also known as Federal Employer Identification Number (FEIN), or Federal Tax Identification Number (FTIN), is a business identification number just like a Social Security Number (SSN) for your personal identification number. The purpose of this number is to facilitate tax collection and identification of employers. The EIN number allows you to communicate with the Internal Revenue Service (IRS) in the dealing of all the tax matters of your Delaware company. The EIN is also needed for bank account opening. The EIN is issued by the Internal Revenue Service (IRS) upon application. The IRS normally takes around 10-15 business days to process an application. Expedited service is not available. Kaizen will notify you through email upon receipt of the EIN from the tax authority. This EIN and LLC representative’s ITIN are required by the bank for the purpose of bank account opening. Therefore, we include this item in our package. |
(4) |
ITIN application An Individual Taxpayer Identification Number (ITIN) is a unique identification number, which is like the Employer Identification Number (EIN), or Social Security Number (SSN) mentioned above, issued by the Internal Revenue Service. IRS issues ITINs to help foreigners to report their U.S. source income and file tax returns. The processing time is about 14 weeks, and it may take more time during tax season (Jan - April). Expedited service is not available. Kaizen will notify you through email once received the ITIN from the tax authority. The LLC representative’s ITIN is required by the bank for the purpose of bank account opening. Therefore, we include this item in our package. |
(5) |
USA Bank Account Opening Kaizen can help you to open a business bank account remotely in the U.S. for your Delaware LLC. Please notice that the representative (the manager) of the LLC may be required to be interviewed via phone or video by the bank officer(s) and obtain related bank account opening documents via email. Kaizen is limited to providing introductory and assistance services and does not guarantee the result of the bank account opening as it is the sole discretion of the bank to determine whether to accept an application or not. Please note the U.S. business address proof and U.S. phone number of authorized responsible individuals may be required for bank account opening, our service fees exclude providing the above information for you. Our service fees for providing a U.S. business address and a U.S. phone number are US$600 and US$100 respectively. |
(1) |
Our fee quoted above does not cover courier charge, if any. |
(2) |
Our fee quoted above excludes the taxes. If you request a tax invoice, value-added tax at the prevailing rate may be charged and collected. |
(3) |
This package includes the application for one ITIN only. If there are two or more managers, an ITIN for each of the additional managers will be required and our fee for application of the additional ITIN is USD800 each. |
(4) |
Our fee quoted above does not cover licenses or permits application fee, if any. |
(1) |
At least one incorporator, can be a member or officer; |
(2) |
At least one member. The member can be a legal entity or natural person, without nationality limitation; |
(3) |
At least one manager. The manager must be a natural person; |
(4) |
At least one officer (Chief Executive Officer, Chief Finance Officer, or Secretary), the officer must be a natural person; |
(5) |
The manager or officer can sign legal documents on behalf of the LLC and record minutes of meetings. |
(1) |
Passport copy and residential address proof (utility bill, phone bill, or bank statement, etc for the most recent 3 months) in respect of each member, manager, officer (and secretary, if requested) of the LLC. If the member is a legal entity, please provide the entity’s registration document and the identification and residential address proof of each member holding 25% or more shares in that company; |
(2) |
An organization chart of the member, if the member is another LLC; |
(3) |
Completed “Delaware LLC order form” provided by Kaizen; |
(4) |
Certain business proof in the name of the Delaware LLC, for example, a (goods) purchase and sales agreement or service agreement or a business plan or a company brochure; |
(5) |
Employment Identification Number of your Delaware LLC; |
(6) |
Application form required by the bank. |
No. |
Description |
Time (Days) |
1 |
Client confirms with Kaizen the engagement for the registration of Delaware LLC and deliver the materials listed Section 4, to Kaizen by Email or post. Meanwhile, Kaizen service fees should be paid at this point. |
Client’s schedule |
2 |
Kaizen will verify the documents of the member, manager, and officer of the Delaware LLC. |
1 |
3 |
Kaizen will check the name availability at the Delaware registration office. |
1 |
4 |
Kaizen will compile the required documents, including Certificate of Formation and standard operating agreement. |
1 |
5 |
Kaizen will send the documents mentioned in (4) to you to review and confirm the accuracy. |
1 |
6 |
Kaizen will submit the Certificate of Formation to Delaware registration office and pay the registration filing fee. The officer will review the document, and mail to Kaizen the sealed Certificate of Formation with filing date and filing number within 8 weeks, if approved. |
8 weeks |
7 |
After confirming the successful registration of the LLC, Kaizen will customize the corporate kit, such as order the metal corporate seal, prepare register of managers, register of members, and share certificate, etc. |
7 |
8 |
Kaizen will arrange to apply the EIN. |
10-15 |
9 |
Kaizen will process the application for the ITIN. |
14 weeks |
10 |
After the above procedures are completed, Kaizen will deliver all the documents to you at the address designated. |
1 |
11 |
Kaizen will arrange a meeting between the bank and the client and prepare bank account opening. |
Client’s schedule |
(1) |
The schedule above assumed that no extra license or permit is required. |
(2) |
For No. 6, if expedited service is requested, the registration will be processed within 24 hours with extra expedited service fees USD100. We recommend you use the expedited service to reduce the processing time. |
(3) |
Currently, we can help client to open bank account for their Delaware LLC without clients’ physical presence in U.S. Please consult with Kaizen for more information. |
(1) |
Certificate of Formation sealed by Delaware Division of Corporations; |
(2) |
Standard Operating Agreement in Delaware; |
(3) |
Corporate seal; |
(4) |
The minutes book, which used to record member list, register of managers, and share transfer ledger, etc.; |
(5) |
Minutes of first meeting of the members; |
(6) |
10 pieces of blank share certificate; |
(7) |
EIN letter, if any; |
(8) |
ITIN letter, if any; |
(9) |
Certificate of Incumbency and certified copy of registration document, if any. |