Incorporate In Delaware

• Incorporating in Delaware requires lesser information about the owners of a corporation as compared to other states, offering the owners added privacy. It is not a requirement to list the names and addresses of initial directors for public records. You can incorporate anonymously.
• More than 55% of the Fortune 500 corporations are incorporated in Delaware.
• One person can hold all positions in the corporation.
• No state corporate income tax on Delaware corporations not operating in Delaware.
• No minimum sum of money required to be in the company’s bank account. Many states require $1,000.00.
• There is no state inheritance tax on stock owned by an individual living outside of Delaware.
• The company does not have to be in Delaware to incorporate in Delaware. An approved Registered Agent must be appointed within the state to accept any mail or service of process.
• There is a low annual franchise tax on corporations.
• Delaware does not tax the proportion of corporate profits earned if transactions were not conducted in Delaware.
• Delaware requires an annual report of stockholder meeting dates, business venues outside Delaware and the number and value of shares issued.
• Delaware has a long and well-established body of law that seek to protect corporations in Delaware and does not tax income from other jurisdictions. It helps corporations to focus on doing business. This very special business court called the Court of Chancery exists only in Delaware.

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