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Delaware has historically done a very good job at enacting business statutes which meet the needs of modern businesses. Delaware was one of the first states to enact LLC and has continued to evolve its laws. For example, Delaware was the first state to create the Series LLC.
However, as appealing as a Delaware LLC can be in some cases, most states have adopted flexible LLC statutes and usually it makes more sense for a small business to form an LLC in the state where it will be doing business.
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoLiability laws are somewhat better there. There is also the incorporation laws itself that allow a very broad range of things a company can do and fewer things the owners are able to be prosecuted for.
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Why incorporate in Delaware?
Because it is business friendly.
What is Delaware's largest chemical company?
DuPont is Delaware's largest chemical company.
Delaware's largest chemical company?
Du Pont is Delaware's largest chemical company. :)
Delaware has what natural resources in Delaware?
It has the largest oil company
What are the requirements to incorporate a public company?
What_are_the_requirements_to_incorporate_a_public_company
Who is the CEO of Form Delaware LLC?
Form Delaware, LLC is not a company with a CEO and employees. Instead this term is about a way for someone to form a Limited Liability Company in Delaware.
Did the London company settle Delaware?
No.
What person or company founded Delaware?
The founder of Delaware is lord De La Warr.Funny name huh!
What new company founded Delaware?
The Dutch West Indies Company.
How many people are required to incorporate a One Person Company?
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member's death or incapacitation become a member of the Company.
How do you incorporate a nidhi company?
By filing form 2 and form 63.
How do you know which state to incorporate in?
Your own state would seem to be a good answer, but WRONG! Delaware has a reputation for being the most corporation friendly state.
