What are the benefits of Incorporating in Delaware?

  • One person can hold all the offices of President, Treasurer and Secretary and be the sole director. Most states require a minimum of three people to hold offices in a corporation.
  • There is no minimum amount of money required in a company bank account.
  • The States corporation and trust laws are known for their unparalleled flexibility regarding freedom of contract.
  • The annual franchise tax is very favorable and can be as little as $125 per year including all filing fees.
  • There is no inheritance tax on stock held by non-residents of Delaware.
  • There is no estate tax on shares of stock held by non-residents.
  • There is no State income tax for Delaware corporations who do not operate within the State.
  • There is an established body of laws which protect the Corporations in Delaware.  Shares of stock owned by individuals outside the State are not subject to any Delaware taxes.
  • The director has the power to make or alter by-laws.
  • Directors may fix any price on shares of stock they wish to sell.
  • Recent legislation limits abusive takeover tactics.
  • Corporations can become Sub-chapter "S" if all qualifications are met.
  • Shares of stock owned by individuals outside the State are not subject to any Delaware taxes.
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