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Incorporating in Delaware
Delaware has become the preferred state when it comes to incorporation.
More than half a million business entities have their legal
home in Delaware including more than 50% of all U.S. publicly-traded
companies and 58% of the Fortune 500. Many international companies
also choose to incorporate in Delaware because a Delaware
corporation is widely recognized as a stable, reputable member
of the "incorporation capital of the world". Here
are a few reasons why incorporating in Delaware may be beneficial
to your company:
• There is no state corporate income tax on Delaware
corporations that do not operate in Delaware.
• Shares of stock owned by an individual outside of
the state are not subject to any Delaware taxes.
• You are not required to disclose or list names and
addresses of initial directors for public records.
• One person is allowed to hold all corporate offices.
• A special court called the Court of Chancery is available
to hear claims brought under the corporation code.
The court does not use a jury but rather a judge that is appointed
due to his/her knowledge of corporate law. The
Delaware Court of Chancery is internationally recognized
for its long established body of case law, predictability,
and expertise in rendering sound judgments.
• Your company does not have to be located in Delaware
to incorporate in Delaware. You are required to
maintain a Registered Agent within the state to accept any
mail or service of process. If you do not have
a Registered Agent in Delaware we can provide that service.
Delaware
State Requirements
Incorporating in Nevada
By following Delaware’s lead, Nevada has also become
a favorite place for businesses to form their corporations.
Here are a few reasons why incorporating in Nevada may be
beneficial to your company:
• There is no state corporate income tax on Nevada
corporations that do not operate in Nevada.
• Shares of stock owned by an individual outside of
the state are not subject to any Nevada taxes.
• Some states assess an annual tax for the "privilege"
of having a corporation. Nevada has no such tax.
• Nevada has $85 annual fee which is a great deal lower
than most states.
• In some states a corporation's stockholders are listed
in it's public records. Stockholders are not on
public record in Nevada.
• Nevada does not require a corporation's directors
to be stockholders.
• Nevada allows corporations to issue stock in exchange
for services, personal property, or real estate.
• Your company does not have to be located in Nevada
to incorporate in Nevada. You are required to
maintain a Registered Agent within the state to accept any
mail or service of process. If you do not have
a Registered Agent in Nevada we can provide that service.
Nevada
State Requirements
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