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Delaware has long been
a great place to incorporate in. In fact, over half
of the Fortune 500 companies are incorporated in Delaware. The reasons
for
Delaware popularity are many:
- The cost to incorporate in Delaware
is one of the lowest in the country.
.
- There is no corporate income tax
for corporations incorporated
in Delaware but not transacting business in the state.
- Delaware maintains a separate
corporate law court system, called
the Delaware Court of Chancery, that does not use juries, but only uses
judges appointed for their knowledge of corporate law.
- One person can hold all officer
positions of the
corporation-president, secretary, and treasurer-and serve as the sole
director. These names are not required to be listed in the articles
of
incorporation.
- Shareholders, directors, and officers
of the corporation need
not be residents of Delaware.
- Shares of stock owned by persons
outside of Delaware are not subject
to Delaware taxes.
HOW LONG DOES IT TAKE TO INCORPORATE IN DELAWARE?
After we receive a paid order for
a Delaware corporation, we will reserve the name with the state within
24 working hours. The articles of incorporation are prepared and filed
from our Delaware office and the state typically approves within 24
to 72 hours from the time you placed your order. After the state approves
your filing, corporate existence begins for your corporation. The paperwork
will be in your hands in 2 to 3 weeks for a regular filing and about
one week for an expedited filing.
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