| Company Type | Limited Liability Company (LLC) registered in the state of Florida. |
| Authorized Activities | The company may engage in any activity except banking, insurance and financial activities (such as currency exchange). The management of funds for third parties is not authorized. Certain activities require a professional license (lawyer, doctor, etc.). |
| Registered Local Agent | Our company is “Registered Agent” (license n ° L17000242270) and will therefore be the Agent of your company. |
| Ready Made Companies | Not Available. |
| Language used for documents | English. |
| Company Name | English. |
Main Members of a Company
Manager
| Eligibility | Any individual or legal entity regardless of nationality. A nominee is not permitted. |
| Minimum Number Of Managers | One. At least one natural person if legal entities are also named. |
| Register of Managers | Accessible to the public. |
| Mandatory Local Manager | Not required. They can reside anywhere worldwide. |
Member
| Eligibility | Any natural person or legal entity, regardless of nationality. Nominees are not permitted. |
| Minimum Number Of Memebers | One. |
| Register of Members | Accessible to the public. |
| Mandatory Local Member | Not required. They can reside anywhere worldwide. |
Shares
| Minimum Number of Shares | One. |
| Maximum Number Of Shareholders | Unlimited. |
| Bearer Shares | Not permitted. |
Share Capital
| Currency Allowed | USD only. |
| Minimum Capital | USD 1. The typical amount is USD 100. |
| Maximum Capital | No limit. |
| Release of Capital | The capital must be deposited in the bank account of the company at its opening (usually in cash). |
Administration, Accounting, and Company Bank Account
Administration and Accounting
| Bookkeeping | Bookkeeping is mandatory since it will be used for the tax declarations (even if the company and its associates are not taxable in the USA). |
| Annual Audit | Not required. |
| Justifications of Expenses and Receipts | All expenses must be recorded. Misappropriation of Funds does not exist. |
| Company Balance Sheet Submitted to the Authorities | Submission to the authorities is not required; however it is required for tax declaration. |
| Audit Report Submitted to the Authorities | Not requested by the authorities. |
Company Bank Account
| Bank Account Location | Can be located anywhere. But to benefit from banking secrecy and for the sake of your company’s credibility, we advise you to have your professional bank account in the USA. |
| Possibility of having a bank account in the USA | Yes. |
| Banks Offered in the USA | Bank of America, Chase, Citigroup, and Wells Fargo |
| Internet Banking | Yes (for all banks). |
| Currency of the Bank Account | USD only. |
| Authority and Access to the Company Bank | You are the ONLY one to have access to the bank account of the company. We have no access to bank account. This means that we cannot act on your behalf regarding transactions with your bank account. |
| Bank Card | Visa or MasterCard debit card. |
| Exchange Controls | No. |
| Remote Opening a Bank Account | No. The presence of at least 1 partner is required in Orlando for the opening of the company bank account. |
| Deposit to be made at the opening of the account | Min. USD 100 to be paid in cash on the account at the time of appointment with the bank. |