From, the Money Wiki
Revision as of 21:50, 27 April 2011 by Guaka (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

The US state Delaware has some advantages for setting up a coporation there. For LLC or S corporations there is no income tax, no tax on capital stock, and no sales tax.

More than 800,000 business entities have their legal home in Delaware including more than 50% of all U.S. publicly-traded companies and 60% of the Fortune 500. Businesses choose Delaware because they provide a complete package of incorporation services including modern and flexible corporate laws, our highly-respected Court of Chancery, a business-friendly State Government, and the customer service oriented Staff of the Delaware Division of Corporations.

A corporation can be started for under 200 US$, recurring yearly costs are similar.