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Why is Delaware so good for business?

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.

Why are Delaware LLCs so popular?

Delaware is often considered one of the best states to form an LLC because it has limited fees and tax obligations. In fact, many businesses choose to form an LLC in Delaware even if they dont intend on doing business in Delaware.

Is Delaware a good place for business?

Business-Friendly, Great Location, Low Costs, High Quality CNBCs Top States for Business survey consistently ranks Delaware as the most business-friendly state in America. Delaware is the best place for companies from around the world to make an American home.

Why do so many companies incorporate in Delaware?

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.