Compared to other states, incorporating your business in Delaware is quick and easy. This is especially true if you choose Corporation Center to help with a Delaware corporate register. We are known for quick and efficient filings.
Why to Use Delaware Corporate Register?
Delaware has earned a reputation as the corporate capital of the US. It attracts businesses from across the country and around the world. With its business-friendly environment, legal protections, and well-established corporate registry system. DE is a top choice for entrepreneurs looking to register their corporations. Before we delve into the registration process, it is vital to understand why most businesses choose DE as their corporate home.
Legal Protection
The state’s well-established corporate law system provides robust legal protections and a clear framework for businesses, shareholders, and directors.
Tax Benefits
Delaware does not impose a state sales tax or personal property tax, and there are no state taxes on intangible assets like stocks or bonds. This can result in significant tax savings for businesses.
Business-Friendly Environment
The state’s government is known for being receptive to the needs of businesses, making it easier to operate and grow your corporation.
Access to Courts
The Chancery Court in Delaware is renowned for its expertise in corporate law, providing a reliable and efficient forum for resolving corporate disputes.
Privacy
Delaware offers a level of privacy for corporations by allowing the use of a registered agent to maintain a local address and serve as a point of contact for legal matters.
The Quickest Way to Register Your Corporation
Choose a Business Name
The first step is selecting a unique and distinguishable name for your corporation. The state requires that your chosen name is not currently in use by any other business in Delaware.
Appoint a Registered Agent
Delaware mandates that all corporations have a registered agent with a physical address in the state to receive legal documents and official notifications. Many businesses choose to work with professional registered agent services for convenience.
File the Certificate of Incorporation
To officially register your corporation you must file a Certificate of Incorporation with the Delaware Secretary of State. You can file this document online, which is the quickest and most straightforward method.
Pay the Filing Fee
Delaware charges a filing fee for the COI. The fee amount may vary depending on the specifics of your corporation, like the number of authorized shares.
Obtain an EIN
You will need to acquire an EIN from the IRS. This is essentially a social security number for your corporation. This is necessary for tax reporting and other legal requirements.
Draft Corporate Bylaws
Your corporation’s bylaws outline the internal rules and regulations governing the organization. Although not required to be filed with the state, having well-drafted bylaws is essential for the corporation’s governance.
Hold an Initial Meeting
Depending on your corporation’s structure, you may need to hold an initial meeting with shareholders and directors to approve bylaws, elect officers, and address other organizational matters.
Navigate the Process Correctly and Quickly
To ensure that the documentation of your corporation in Delaware is processed properly, consider using our services. We can help you navigate the process correctly and efficiently to avoid any delay. Keep in mind that when you submit inaccurate information to your Delaware corporate register, your application may be denied or delayed.
