Why Delaware?

There is no requirement to form your company in the state or country where you live or where your business or property is actually located, so most savvy business people choose the state with the most favorable corporate and tax laws. The following are a few of the reasons Delaware is famous as a corporate haven and the legal home to over 600,000 corporations and 58% of the Fortune 500 companies:

• You can form your Delaware company online without ever coming to Delaware by using the services of a Delaware registered agent.
• Your Delaware LLC may be based, headquartered or operated anywhere in the world.
• One person may be the sole stockholder and director and also hold all of the executive offices of a Delaware corporation including Chairman of the Board, President, Vice President, Treasurer and Secretary.
• You can incorporate and operate your Delaware company with personal privacy.
• You need not maintain a Delaware business office address aside from the address of your Delaware registered agent.
• There is no state corporate income tax for Delaware companies that do not operate within the state.
• There is no sales tax in Delaware. Whether your corporation is physically located in Delaware or not, purchases in Delaware are not subject to sales tax.
• There are no Delaware capital shares or stock transfer taxes.
• There is no state inheritance tax on stock held by non-residents of Delaware .
• A Delaware director shield law protects you from personal liability in connection with the actions of your company.
• There is a long-established body of laws that protects Delaware companies and lets them focus on doing business, rather than fighting expensive lawsuits.
• Delaware has a separate court system, the Court of Chancery, to help resolve business disputes fairly and inexpensively. This special business court exists only in Delaware.
• Different kinds of businesses can be transacted under one corporate roof. Your company can own real estate or personal property anywhere in the world.
• You don’t have to be a US citizen to form a Limited Liability Company (LLC).
• Company records need not be kept in Delaware.
• Unlike some states, there is no minimum investment to form your Delaware company.