Delaware is the home to 400,000+ corporations. More than half the nation's Fortune 500 companies incorporate in Delaware. Corporations choose Delaware for the following reasons:
- Ease of incorporating,
- Business-friendly climate,
- Fast services provided by the Secretary of State's Office and
- Delaware's Court of Chancery. (Our Court of Chancery is well known for its ability to issue timely decisions on complex corporate matters, and its wealth of case law ensures consistent answers to corporate questions.)
If you form a corporation in Delaware, you are required to pay an annual Franchise tax to the Delaware Department of State for the privilege of incorporating in Delaware. Franchise Tax is based on the number of the corporation's authorized shares.
If incorporated in another state but doing business in Delaware, you must also register with the Department of State.
Visit the Division of Corporations' How To Form a New Business Entity for more information or contact:
Delaware Division of Corporations
PO Box 898
Dover, Delaware 19903
Phone: (302) 739-3073