Company Registration in Delaware (USA)
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Northeastern United States; known as a corporate-friendly state within the USA
Location
US Dollar (USD)
Currency
Legal System
LLCs, C Corporations, S Corporations, Partnerships
Corporate Structures
Tax System
- No state corporate income tax for companies that do not operate within Delaware's borders
- Non-residents are exempt from personal income tax on intangible assets like shares in Delaware corporations
- No sales tax, VAT, inventory tax, or capital shares/stock transfer taxes
Legal Framework
- Based on US Common Law; governed by Delaware General Corporation Law (DGCL)
- Specialized Court of Chancery handles corporate disputes efficiently with expert judges rather than juries
Advantages
- Flexible corporate laws that accommodate modern business needs while ensuring strong protections for directors and officers
- High level of corporate privacy; no public disclosure of directors' or shareholders' details in annual filings
- Quick incorporation process (as little as one day)
- Preferred jurisdiction for venture capital funding due to investor familiarity with Delaware law
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