If I form a Delaware LLC company , Do I have to file S Corporation forms to avoid the double taxation ?

Coz its says Delaware LLC is free of income tax . What do you think :confused:

And the other thing is if I form a Delaware LLC company , with S Corporation status, then I dont have to file the Tax for the Delaware LLC company and I only have to file my personal tax ?

The company corporation has some information which you should probably read through... and might answer your questions.

http://www.corporate.com/entity-comparison.jsp
http://www.corporate.com/llc-vs-s-corporation.jsp
http://www.corporate.com/llc-limited-liability-company.jsp
http://www.corporate.com/s-corporation.jsp

If I form a Delaware LLC company , Do I have to file S Corporation forms to avoid the double taxation ?

Coz its says Delaware LLC is free of income tax . What do you think :confused:

Look at this post for very good information on LLCs and taxes:

http://answers.google.com/answers/threadview?id=440427

We are a S Corp. You still have to pay income taxes regardless of your status.

To avoid double taxation you file a form with the IRS declaring the shareholders and each shareholder pays his/her share of the taxes on Form 1040 in April (the S Corp files Form 1120 in March).