Jurisdictions

United States
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United States

Why incorporate a US LLC?

The United States LLC is not a partnership or a corporation. It is a distinct business entity that offers an alternative to partnerships and corporations by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation.

Key Benefits & Requirements

  • US LLCs 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.
  • US LLCs are popular vehicles for conducting international business.
  • 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. However a FBAR form has to be filed each year where the bank account balance exceeds $10,000 at anytime.
  • 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 to file a state income tax return.
  • Annual Reports & License Fees – Of the states recommended here, there is either a minimum or a ‘flat’ annual report or licence fee ranging form $50 to $250 dollars an payable on the 1st of May for Florida and Arkansas, the 1st of June for Delaware and on the Anniversary of incorporation in Wyoming, Oregon and New Jersey. No fees are applicable for New York LLCs.
  • Financial Statements – There is generally no requirement to file financial statements with the state of formation unless the corporation owns assets within that state or has conducted business within that state.
  • Incorporation generally takes 2 days, but allowance must be made for an additional 5 – 7 business days for delivery of documentation.

Services Offered

OCRA Worldwide can facilitate incorporation of US LLCs in the following US States:

  • Delaware
  • Wyoming
  • Oregon
  • New Jersey
  • New York
  • Florida
  • Washington DC
  • Arkansas

Incorporate in United States

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How to proceed

We would welcome the opportunity to assist you with more information:

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For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email.

Submit your enquiry

OCRA Worldwide respects your privacy. Your details will never be disclosed to any third party for any purpose without your prior written consent.

OCRA Worldwide announces strategic merger with Acclime

17th November 2022, Hong Kong - OCRA Worldwide (OCRA), announces today that it has completed the strategic merger with Asia Pacific’s premier corporate services provider Acclime (www.acclime.com). This is the latest step in Acclime’s active expansion as the Asia specialist in compliance and corporate services throughout the region.

Established in 1975 and led by Bart Dekker and Dharmesh Naik, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting, and HR services. Over the past 40 years, OCRA has become a truly global business by providing very personalised services to their clients, most of whom are private investors or companies investing abroad.

From its founding base in Europe, OCRA has morphed over the past decade to focus on the faster growing markets of Asia and the Indian Ocean, and currently has teams in Hong Kong, Shanghai, Singapore, Mauritius and the Seychelles with around 80 staff. Additionally, OCRA is licensed in Samoa and the UAE to provide incorporation services to clients and referral partners.

"The high quality of the team, the interesting gateway jurisdictions of Mauritius and UAE which are important investment hubs for Africa and India, and the synergy of offering OCRA clients more services and Asian locations for expanding their business were the strategic logic for Acclime's interest in acquiring OCRA," said Martin Crawford, CEO and Co-Founder of Acclime. "We look forward to introducing OCRA’s corporate clients to our regional experts in China, Hong Kong, Australia, Cambodia, Indonesia, Malaysia, Thailand, India, Philippines, Singapore and Vietnam," he added.

The sale of the business was managed by the corporate advisory team of Mazars in London (Paul Joyce & Fred Dearden), acting for the ultimate shareholder of OCRA, and was opened for bids. "Acclime was chosen as the preferred bidder as the team recognised the cultural similarities, with high quality, personalised services at the core," said Bart Dekker, OCRA’s Managing Director, Asia Pacific. Dharmesh Naik, OCRA's Managing Director, Middle East and Indian Ocean, added, "We are excited and delighted to become an integral part of a large international team with the established resources across Acclime's network, and to execute the transaction in line with OCRA's long term succession plan in the interest of all of our stakeholders."

OCRA will operate as an independent business unit within Acclime, supported by funding, IT and marketing initiatives that will grow the business further. Bart Dekker and Dharmesh Naik will remain running the business post-acquisition.

The transaction is subjected to regulatory approvals in several locations and Acclime is expected to complete the acquisition by the end of 2022.

About OCRA
Established in 1975, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting and HR services. For over 40 years, OCRA has been providing personalised services to its clients, most of whom are private investors or companies investing abroad.

About Acclime
Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company’s vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards.

Enquiries: enquiries@ocra.com