Delaware Incorporation Forms

More than 66% of the Fortune 500 have chosen Delaware as their legal home. Businesses choose Delaware not for one single reason, but because we provide a complete package of incorporations services. The Delaware General Corporation Law is the most advanced and flexible business formation statute in the nation.

The advantages of incorporating here include: The state offers some tax benefits. Delaware doesn't impose income tax on corporations registered in the state which don't do business in the state. Also, shareholders who don't reside in Delaware need not pay tax on shares in the state.

The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries. Corporate cases do not get stuck on dockets behind the multitude of non-corporate cases.

Delaware also ranks well for incorporation fees (17th lowest filing fee of 50 states). However, it is a mistake to choose your state of formation based solely on formation fees and annual fees.This is why Delaware remains the best choice in which to form an LLC or incorporate your business.

There are two major reasons for Delaware's dominance of the corporate incorporation business.The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.

The state fee to incorporate in Delaware is a minimum of $89. This includes your Division of Corporation fees ($50), filing fee tax ($15 minimum), and the county fee ($24).

Although it may seem like the common consensus, incorporating in Delaware only really makes sense for large corporations. It is generally not worth the time or the effort for a small business to incorporate in Delaware (unless you already happen to be in Delaware!).

Advantages of Incorporating in Delaware The Delaware Court of Chancery focuses solely on business law and uses judges instead of juries. For corporations, there is no state corporate income tax for companies that are formed in Delaware but do not transact business there (but there is a franchise tax).