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What is the difference between a Delaware corporation and LLC?
A Delaware C-Corporation is a taxable business entity or corporation formed in Delaware, while a Delaware LLC is a Limited Liability Company formed in Delaware. These two entities share similarities in that: They both require state filing once they are formed. Unless otherwise specified, they both exist perpetually.
How do I look up a Delaware corporation?
How do I find out if a company is registered in Delaware? If you think a business is registered in Delaware (even if it doesnt operate there), you can use the Department of States Division of Corporations database and search for it by its official name.
What does it mean when a company is a Delaware corporation?
Delaware corporations are companies that are legally registered in the state of Delaware but can conduct business anywhere. Roughly half of the companies listed on the SP 500 are incorporated in Delaware because it is perceived as being business-friendly.
Why do people incorporate in DE?
Delaware doesnt impose income tax on corporations registered in the state which dont do business in the state. Also, shareholders who dont reside in Delaware need not pay tax on shares in the state. For these reasons, Delaware is sometimes referred to as a tax haven.
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