How Do You Incorporate A Business In The State Of Delaware?
Incorporating a business in Delaware can be advantageous for a business owner. The state offers many benefits, particularly low costs, low franchise taxes, no sales or personal property tax, a large body of business laws and the ability to handle lawsuits without jury trials. Not only that, but one person can act as the director, officer and shareholder of the company, and corporate records do not have to be kept within the state. A big reason for the laid-back business laws is that it is in the state’s interest to attract corporations because a large amount of Delaware’s revenue comes from corporate registration fees. Forming a business entity in Delaware takes only a few simple steps. Choose the type of business entity you will form. Delaware’s Division of Corporations recommends you seek out an attorney or certified public accountant familiar with state law to help you through the process. Your business entity can be a corporation, limited liability company, limited partnership, sta
