What are the advantages of incorporating in Delaware?

Delaware has a long history of being a welcoming home and offers many benefits for businesses. Here are some advantages of incorporating in Delaware:

• Delaware is also called a tax haven, due to its business-friendly laws and light taxation. A Delaware corporation can base its headquarters in any U.S. state, where they are then exempt from state corporate income tax in many cases. The tax laws allow corporations to be taxed at a low rate in Delaware and avoid higher taxes in their home states.
• Delaware does not require businesses to disclose the names of the corporation’s directors or shareholders. Thus, these informations are completely confidential.
• As business owners incorporate Delaware companies, they may also enjoy a more favorable legal process. Delaware has a special Court of Chancery that solves cases involving corporate law. Chancery judges have a background in corporate law, and can decide cases relatively quickly, without the need for a jury.
• A corporation can be established more quickly in Delaware than in any other state. Anyone can incorporate Delaware company without physically being here, the procedure can be done online or by a phone call. The cost to form an LLC (Limited Liability Company) or incorporate a business in Delaware is consistently among the lowest in America.