The Delaware limited
Liability Company (LLC)

Full Name: Limited Liability Company

Country: Delaware (USA)

Minimum Capital: NA

Minimum Nominal Value: Any or none

No of Directors: NA

Audit Exemption Available: Yes

A Delaware LLC (limited liability company) is a corporate structure with a legal existence separate and distinct from its owners, who are not personally liable for its debts and obligations. This simple, flexible choice for small companies has low start-up costs and is easier to run and maintain than a corporation.

You do not need to be a US citizen to form an LLC or live or do business in Delaware. The only physical requirement is that you must have a registered agent in the state.

At Swordblade & Co, we use Delaware LLCs for debt private placements only, that is selling bonds to pre-selected investors.