| It could be said that Delaware incorporation is a kind | | | | protects corporations in Delaware so that they can |
| ubiquitous process of forming incorporation, for both; | | | | focus more on their business operations and |
| people living in US or abroad. For instance, Delaware | | | | reasonable litigations/disputes.o The costs of |
| incorporation is advantageous to companies who | | | | incorporation filing and franchise tax fees in Delaware |
| intend to offer their shares to the public. Delaware | | | | are low.o Delaware has no minimum requirement to |
| incorporation is definitely much easier and beneficial for | | | | open a business bank account. Most states require at |
| businesses when compared to the other states, | | | | least $1000.00 in an account to operate a business.o |
| because of all these contributing factors. Another | | | | Delaware incorporation allows privacy and anonymity |
| benefit of Delaware incorporation is Delaware's | | | | of company's Director, Shareholder, or Officer.o In a |
| extensive and often easily interpretable law. Delaware | | | | Delaware incorporation, the business owner can be all |
| incorporation is also advantageous because | | | | of the officers (director, shareholder, or officer) of a |
| shareholders and directors can make decisions by | | | | Delaware corporation him/herself.o Business entities or |
| unanimous written consent in place of formal meetings. | | | | business corporations that incorporate in Delaware but |
| Delaware Incorporation is also a great resource for | | | | do not operate in the State of Delaware do not have |
| companies seeking venture funds or an acquirer. | | | | to pay state income tax.o Business entities that |
| Delaware incorporation is favored by sophisticated | | | | incorporate as Delaware corporations and LLCs are |
| investors and may broaden corporate opportunities. | | | | entitled to the advantages of asset protection. This |
| Another reason for favoring Delaware incorporation is | | | | means company's assets or company debts are |
| the efficiency of the Delaware Secretary of State | | | | separated from your personal assets.o Delaware has |
| and the quality of Delaware judges in handling | | | | no sales or personal property tax. |
| corporate lawsuits. Delaware Incorporation can really | | | | More than 695,000 businesses have their legal home in |
| be advantageous as compared to many other states. | | | | Delaware, including more than half of all U.S. publicly |
| Businesses choose Delaware not for one single | | | | traded companies, and 60% of the Fortune 500. This |
| reason, but because they provide a complete package | | | | may be why Delaware is called the "Incorporating |
| of incorporation services. The Delaware General | | | | Capital of the World." |
| Corporation Law is the most advanced and flexible | | | | In summary, many businesses choose Delaware |
| business formation statute in the nation. The Delaware | | | | incorporation because:o The Delaware General |
| Court of Chancery is a unique 210 year old business | | | | Corporation Law is the most advanced and flexible |
| court that has written most of the modern U.S. | | | | business formation statute in the nation. The Delaware |
| corporation case law. Delaware's State Government is | | | | business Court of Chancery has written most of the |
| business-friendly and accessible, and the Division of | | | | modern U.S. corporation case law.o Delaware's State |
| Corporation is a model state-of-the-art. These factors | | | | Government is business friendly and accessible.o |
| have all contributed to making Delaware a premier | | | | Delaware's legal system has been ranked No. 1 in the |
| legal home to companies around the world. | | | | nation for the fifth consecutive year. That alone |
| You don't have to be a Delaware resident, but | | | | warrants considering a Delaware incorporation.o |
| Delaware law requires every corporation to have and | | | | Shareholder, member or beneficial ownership |
| maintain a Registered Agent in the State who may be | | | | information is not public according to current Delaware |
| either an individual resident, a domestic corporation, or | | | | business entity statutes. Delaware corporations are |
| a foreign corporation authorized to transact business in | | | | required to file a complete annual franchise tax report |
| Delaware whose business office is identical with the | | | | with names and addresses of all directors and the |
| corporation's registered office. You can pay a fee of | | | | name and address of the officer signing the report. |
| approximately $99.00 for resident agent services | | | | Effective January 1, 2007 all Delaware business |
| offered by most incorporators. | | | | entities will be required to provide to the registered |
| You don't need an attorney to perform a Delaware | | | | agent the name of a natural person, a business |
| incorporation, but you should contact an attorney | | | | address and a business telephone who will be the |
| concerning legal matters. | | | | communications contact for the entity.o Delaware |
| Delaware corporate laws allow more flexibility in | | | | companies that do not operate their business within |
| conducting businesses. Some additional benefits of a | | | | the state do not file Delaware state corporate income |
| Delaware incorporation are:o Delaware has a | | | | tax returns. There are no taxes on Delaware capital |
| separate and highly-respected business court known | | | | shares or stock transfers or state inheritance tax on |
| as the Delaware Court of Chancery. The court | | | | stock held by non residents of Delaware. |