Among people who are actively involved in business, Delaware is known as the state that is perhaps the most corporation-friendly in the United States. According to the state of Delaware, it has been “preeminent” as a place for businesses to incorporate since the early part of the 20th century, and more than half of all Fortune 500 companies are incorporated in Delaware. Clearly, there must be certain benefits of incorporating in Delaware that have been attracting businesses for more than one hundred years. Some of the most commonly cited benefits of incorporating your business in Delaware are detailed below.
Flexible laws – The Delaware General Corporation Law provides corporations and shareholders tremendous flexibility in the way a corporation operates. In fact, an official publication distributed by the Delaware Department of State indicates that its corporate law has been written with a “bias against regulation.” Continue Reading