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Commonly Asked Questions about Delaware Legal Packages

Delawares official state name is The First State. The first of the thirteen original colonies to ratify the Constitution in 1787, Delaware is given the first position in congressional votes and national events, such as Presidential Inaugurations. With only three counties, Delaware has the fewest number of any state.
Specialized corporate court system Delaware has a unique Court of Chancery that handles only corporate law disputes. This court uses judgesnot juriesfor decisions, and these judges are experts in corporate law.
More than 66% of the Fortune 500 have chosen Delaware as their legal home. Businesses choose Delaware not for one single reason, but because we provide a complete package of incorporations services. The Delaware General Corporation Law is the most advanced and flexible business formation statute in the nation.
Delawares judges are impartial and not beholden to special-interest donors or shifting political winds. Unlike in many other states, Delaware corporate law cases are tried exclusively by professional judges, and not by juries.
Instead of a traditional trial system, corporate lawsuits in Delaware are resolved by the Court of Chancery, a court made up of judges who specialize in corporate law. Because of this, Delaware has well-developed and predictable legal precedents that may benefit corporations.
The most famous reason Delaware has attracted the eye of corporations across the world is the lenient taxes imposed by the state. Corporations registered in Delaware that do not do business in the state do not pay corporate income tax.
Delawares corporate law structure does not impose restrictions on ownership or management of a Delaware company by a non-resident of the United States. This means that starting a corporation or LLC for a non-U.S. resident doesnt require an address in the State of Delaware or even in the United States.
Delawares preeminence in corporate law, bankruptcy, and intellectual property, combined with the Law Schools influential presence in Pennsylvania and New Jersey, give students abundant opportunities for clerkships, externships, pro bono experiences, and permanent employment after graduation.