Why is Delaware ideal to incorporate your business?
Simplicity, less red tape and affordability are some of the reasons that you can find about the benefits of incorporating your business in Delaware. This blog entry digs deeper into some of the advantages and important things to consider.
What if I am not in Delaware.- Your company does not need to be doing business in Delaware to incorporate in that State, as long as you maintain your Registered Agent current. The Registered Agent must be in Delaware and there are many companies that provide such a service. When you order your Corp or LLC through us we have you covered with the best Registered Agent services available. Keep in mind that your home State or Country may require you to register as a Foreign Entity; and thus, you may be also liable to pay State taxes in your home State in addition to Delaware. Failing to comply with such registrations may carry fines and other legal consequences. If you have questions on this specific issue, please CONTACT US HERE and we will answer your questions within 24 hrs.
Courts of Chancery and Business Laws. Delaware has some of the most advanced and comprehensive body of laws and specialized Courts dealing with business matters. As a matter of fact, they hold the most robust case law and applicable jurisprudence regarding corporate law.
Cost efficient. Filing fee schedules and Franchise State Tax fees are among the most affordable in the US.
Customer Service and Business Friendly Government. Red tape is reduced to its minimum expression when dealing with Delaware. Their Department of Corporations has excellent customer support and will gladly assist you with any inquiry. The Delaware Government is used to dealing with business people, entrepreneurs, large Fortune 500 Companies and anyone interested in incorporating with them and they have designed their services and protocols with you in mind. They are always there to help.
Privacy Protection. In the case of LLC’s the State does not require members to be listed on any public database or filing, as opposed to other states which require such information in their yearly Statement’s of Information. Obviously law enforcement can inquire such information in the course of an investigation or the Registered Agent may be required by a Judge to reveal it; however, there is no default public database with such information.
Raising Venture Capital. By design, Venture Capital Funds and investors are more likely to invest in a Delaware corporation or they would simply request that one is specifically created to such effect.