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We have a team of professionals to help you with all your business needs. So, that you can focus on business expansion in Delaware.
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Delaware is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. On December 7, 1787, Delaware became the first state to ratify the Constitution of the United States and has since been known as The “First State.” Since the turn of the 20th century, Delaware has also been a de facto onshore corporate heaven, in which by virtue of its corporate laws, the state is the domicile of over half of all New York Stock Exchange-listed businesses and over three-fifths of the Fortune 500.
1.6 million businesses in the U.S. call Delaware their home. With a population of about 1 million, there are more businesses than people in the state! Some of the advantages have been laid down below:
Formation of business in Delaware presents one of the simplest, quickest formation processes in the country. It can be done online in under an hour with minimum hassle. The state’s flexible business statute also allows you to file without disclosing personal information, so your privacy is protected and the members or partners of your business feel secure.
Officers, directors, and shareholders do not need to be residents of Delaware when they incorporate a business in this place.
Delaware law allows just one person to hold the role of officer, director, and shareholder, which is attractive to small businesses.
Delaware has a Court of Chancery, which handles only corporation cases. The judges are experts in corporate law, and the decisions from the court tend to be more predictable than those in other states.
The process of filing takes place within a day which makes Delaware a corporation friendly state.