The Duke and Duchess of Sussex had set up nearly a dozen companies in Delaware, a US state that does not impose business transaction taxes nor high personal taxes. State filings showed that the couple registered 11 companies from April 2020 in the state, some of which were created to hold the Archewell charity trademark and its affiliated companies.
Within these filings, over half of their new companies have been established for the “entertainment” business.
The couple has already signed a deal to produce content with Netflix, thought to be worth around $100million (£73.7million).
Another deal with streaming giant Spotify signed in December 2020 is reportedly worth another £18million.
Two further companies were registered along with the previous companies on the same day, it has now emerged.
The Telegraph reported that the same lawyer and business manager who worked on behalf of the Duchess of Sussex for years registered these additional companies.
The companies, listed on public records in Delaware and California, were incorporated by Meghan’s attorney, Richard Genow, and her business manager, Andrew Meyer.
They look to be named deliberately for sentimental meaning to the couple, with one harking back to Meghan’s childhood in Los Angeles.
Cloverdale Inc recalls the name of the street on which the young Duchess lived with her mother as she was growing up.
The couple has been linked to Peca…