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Comparing Delaware S-Corps vs C-Corps, S-Corp losses are passed through to the shareholders, who are protected from double taxation. C-Corps have more flexibility in ownership with unrestricted classes of stock and the option to have an unlimited number of shareholders.
The following suffixes are available for use by Delaware Corporations: Inc., Inc, Incorporated. Corp., Corp, Corporation. Co., Co, Company.
How to Start a corporation in Delaware Choose a name for your business. ... Designate a Registered Agent in Delaware. ... File Certificate of Incorporation in Delaware. ... Create your Corporate Bylaws. ... Appoint your Corporate Directors. ... Hold the First Meeting of the Board of Directors. ... Authorize the issuance of shares of stock.
The mailing address is Division of Corporations -John G. Townsend Building ? 401 Federal Street ? Suite 4 ? Dover, DE 19901. All filing fees must be paid upon submission of your request.
You will need to confirm your business name meets naming requirements and is not already in use. You will then need to file Delaware articles of incorporation. You will need a Federal Tax ID if you intend to hire employees or open a bank account in the name of the business.