$389 = Our Cost of a Delaware C Corp
Here at The Corporation Center, interested parties can form pay that amount for the foundation of a C Corp.
Use this link to lock in this amount for the cost of a Delaware C Corp.
The Corporation Center also offers documentation to found Limited Liability Companies and Partnerships as well.
The Right Cost of a Delaware C Corp And Other Business Entities
This is just one of the many different kinds of business entities that the Corporation Center can help you to build. Whether it’s for the state of Delaware or anywhere else, we make it easy to find legal documentation you can rely on.
Form a business and maintain it as you see fit – we can be by your side every step of the way. To see everything we have to offer you in your business endeavors, click here.
Why So Many Choose to Form a Delaware C Corp
Delaware has long been known as a business-friendly state, attracting entrepreneurs from around the world to form their corporations within its borders. The state offers a combination of favorable tax laws, legal protections, and a robust business infrastructure that makes it an ideal choice for those looking to start a business.
Here at the Corporation Center, we specialize in helping individuals file the necessary documentation to establish business entities, and Delaware stands out as one of the most popular states for incorporation. Here, we will explore the key reasons why so many businesses choose to incorporate in Delaware and how this decision can benefit business owners.
Taxes
One of the primary reasons Delaware is a preferred jurisdiction for business formation is its favorable tax structure. Delaware boasts the lowest corporate income tax rate in the United States, making it an attractive option for both small businesses and large corporations alike.
In addition to the low corporate income tax, Delaware has no franchise tax, which is a common expense for businesses incorporated in other states. Only businesses with assets exceeding ten million dollars are subject to the capital stock tax. This allows many corporations to avoid additional tax burdens that might be found in other jurisdictions. The combination of these tax advantages allows companies to maximize their profitability while maintaining a competitive edge.
Unique Among the Other 49 States
While Delaware faces competition from other states like Nevada, Wyoming, and New Hampshire, which also offer low corporate tax rates, Delaware remains unique in its requirements and benefits. For example, Delaware is the only state that mandates a registered agent for all domestic businesses, whereas states like Nevada and Wyoming do not have this requirement.
Additionally, businesses incorporated in Delaware, but operating in other states, are still subject to Delaware’s business-friendly tax structure. This means that Delaware corporations can enjoy the benefits of incorporation while doing business across the nation.
A State That Understands Business
Delaware is renowned for its Court of Chancery, a special court that handles corporate disputes and is widely regarded as the best in the nation. This court is particularly well-equipped to deal with complex issues related to business and commercial law, including those involving international contracts. For businesses looking to expand beyond the borders of the United States, Delaware offers the reassurance that its legal system is both well-developed and reliable, which can help prevent costly legal complications.
The legal safeguards provided by Delaware extend beyond the Court of Chancery. Delaware has a long-standing reputation for offering robust protections to the rights of corporate owners and shareholders. This makes it a desirable state for business owners who want to ensure that their interests are safeguarded in the event of a dispute. Delaware’s corporate laws also provide flexibility in the structure of companies, which can be crucial for businesses in need of tailored governance models. The combination of these legal protections creates an environment where entrepreneurs can feel confident that their business interests will be respected and upheld.
The State of Business Formation
Delaware’s status as a business hub is not solely the result of its favorable tax and legal environment; the state has also built a well-developed infrastructure to support businesses of all sizes. The state is home to a highly skilled workforce, as well as numerous service providers specializing in business formation, accounting, and law. This means that entrepreneurs can easily find the support they need to establish and grow their businesses.
Delaware’s business-friendly infrastructure is one of the key reasons why so many companies choose to incorporate there, as it ensures that business owners can access the resources they need to thrive.
Incorporating in Delaware is Easy; Incorporating With Us is Easier Still
The ease with which businesses can incorporate in Delaware is another major advantage. With the help of online services, entrepreneurs can incorporate their businesses in a matter of hours, without even needing to leave their homes. This convenience is particularly appealing to those who are starting businesses from outside Delaware or even from other countries.
Additionally, Delaware allows business owners and directors to reside anywhere in the world, meaning they do not need to be physically present in Delaware to incorporate their company. This flexibility makes Delaware a highly accessible jurisdiction for entrepreneurs from all walks of life.
Delaware’s appeal is further amplified by its commitment to fostering innovation and growth. The state has several tax incentives for corporations, including opportunities for high depreciation allowances and favorable treatment of stock options. These tax benefits help businesses reduce their taxable income and increase their potential for growth.
Furthermore, Delaware offers tax-free capital gains on the sale of stock, which is an attractive benefit for businesses that may offer stock options or equity compensation to their employees. This makes Delaware an appealing choice for both small startups and large corporations looking to incentivize their workforce.
You Can Incorporate in Delaware and Elsewhere Through Our Site
The state’s combination of tax benefits, legal protections, and infrastructure support make Delaware an ideal location for businesses that are seeking to maximize their success and minimize unnecessary costs. The Corporation Center works with clients to help them navigate the process of incorporating in Delaware, ensuring that all necessary documentation is properly filed and that businesses are set up for long-term success.
With the ongoing trend of businesses choosing Delaware as their incorporation state, it’s clear that the state’s business-friendly environment and strategic advantages will continue to make it a top destination for entrepreneurs looking to form a corporation.
Laws Regarding Delaware Business Entities and More
The laws below may pertain to your Delaware corporation, partnership, and so forth. For further questions, please reach out.
Subchapter I. Formation
- 101. Incorporators; how corporation formed; purposes.
(a) Any person, partnership, association or corporation, singly or jointly with others, and without regard to such person’s or entity’s residence, domicile or state of incorporation, may incorporate or organize a corporation under this chapter by filing with the Division of Corporations in the Department of State a certificate of incorporation which shall be executed, acknowledged and filed in accordance with § 103 of this title.
(b) A corporation may be incorporated or organized under this chapter to conduct or promote any lawful business or purposes, except as may otherwise be provided by the Constitution or other law of this State.
(c) Corporations for constructing, maintaining and operating public utilities, whether in or outside of this State, may be organized under this chapter, but corporations for constructing, maintaining and operating public utilities within this State shall be subject to, in addition to this chapter, the special provisions and requirements of Title 26 applicable to such corporations.
8 Del. C. 1953, § 101; 56 Del. Laws, c. 50; 70 Del. Laws, c. 186, § 1; 70 Del. Laws, c. 587, § 1; 71 Del. Laws, c. 339, § 1;
§ 102. Contents of certificate of incorporation.
(a) The certificate of incorporation shall set forth:
(1) The name of the corporation, which (i) shall contain 1 of the words “association,” “company,” “corporation,” “club,” “foundation,” “fund,” “incorporated,” “institute,” “society,” “union,” “syndicate,” or “limited,” (or abbreviations thereof, with or without punctuation), or words (or abbreviations thereof, with or without punctuation) of like import of foreign countries or jurisdictions (provided they are written in roman characters or letters); provided, however, that the Division of Corporations in the Department of State may waive such requirement (unless it determines that such name is, or might otherwise appear to be, that of a natural person) if such corporation executes, acknowledges and files with the Secretary of State in accordance with § 103 of this title a certificate stating that its total assets, as defined in § 503(i) of this title, are not less than $10,000,000, or, in the sole discretion of the Division of Corporations in the Department of State, if the corporation is both a nonprofit nonstock corporation and an association of professionals, (ii) shall be such as to distinguish it upon the records in the office of the Division of Corporations in the Department of State from the names that are reserved on such records and from the names on such records of each other corporation, partnership, limited partnership, limited liability company, registered series of a limited liability company, registered series of a limited partnership or statutory trust organized or registered as a domestic or foreign corporation, partnership, limited partnership, limited liability company, registered series of a limited liability company, registered series of a limited partnership or statutory trust under the laws of this State, except with the written consent of the person who has reserved such name or such other foreign corporation or domestic or foreign partnership, limited partnership, limited liability company, registered series of a limited liability company, registered series of a limited partnership or statutory trust, executed, acknowledged and filed with the Secretary of State in accordance with § 103 of this title, or except that, without prejudicing any rights of the person who has reserved such name or such other foreign corporation or domestic or foreign partnership, limited partnership, limited liability company, registered series of a limited liability company, registered series of a limited partnership or statutory trust, the Division of Corporations in the Department of State may waive such requirement if the corporation demonstrates to the satisfaction of the Secretary of State that the corporation or a predecessor entity previously has made substantial use of such name or a substantially similar name, that the corporation has made reasonable efforts to secure such written consent, and that such waiver is in the interest of the State, (iii) except as permitted by § 395 of this title, shall not contain the word “trust,” and (iv) shall not contain the word “bank,” or any variation thereof, except for the name of a bank reporting to and under the supervision of the State Bank Commissioner of this State or a subsidiary of a bank or savings association (as those terms are defined in the Federal Deposit Insurance Act, as amended, at 12 U.S.C. § 1813), or a corporation regulated under the Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841 et seq., or the Home Owners’ Loan Act, as amended, 12 U.S.C. § 1461 et seq.; provided, however, that this section shall not be construed to prevent the use of the word “bank,” or any variation thereof, in a context clearly not purporting to refer to a banking business or otherwise likely to mislead the public about the nature of the business of the corporation or to lead to a pattern and practice of abuse that might cause harm to the interests of the public or the State as determined by the Division of Corporations in the Department of State;
(2) The address (which shall be stated in accordance with § 131(c) of this title) of the corporation’s registered office in this State, and the name of its registered agent at such address;
(3) The nature of the business or purposes to be conducted or promoted. It shall be sufficient to state, either alone or with other businesses or purposes, that the purpose of the corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of Delaware, and by such statement all lawful acts and activities shall be within the purposes of the corporation, except for express limitations, if any;
(4) If the corporation is to be authorized to issue only 1 class of stock, the total number of shares of stock which the corporation shall have authority to issue and the par value of each of such shares, or a statement that all such shares are to be without par value. If the corporation is to be authorized to issue more than 1 class of stock, the certificate of incorporation shall set forth the total number of shares of all classes of stock which the corporation shall have authority to issue and the number of shares of each class and shall specify each class the shares of which are to be without par value and each class the shares of which are to have par value and the par value of the shares of each such class. The certificate of incorporation shall also set forth a statement of the designations and the powers, preferences and rights, and the qualifications, limitations or restrictions thereof, which are permitted by § 151 of this title in respect of any class or classes of stock or any series of any class of stock of the corporation and the fixing of which by the certificate of incorporation is desired, and an express grant of such authority as it may then be desired to grant to the board of directors to fix by resolution or resolutions any thereof that may be desired but which shall not be fixed by the certificate of incorporation. The foregoing provisions of this paragraph shall not apply to nonstock corporations. In the case of nonstock corporations, the fact that they are not authorized to issue capital stock shall be stated in the certificate of incorporation. The conditions of membership, or other criteria for identifying members, of nonstock corporations shall likewise be stated in the certificate of incorporation or the bylaws. Nonstock corporations shall have members, but failure to have members shall not affect otherwise valid corporate acts or work a forfeiture or dissolution of the corporation. Nonstock corporations may provide for classes or groups of members having relative rights, powers and duties, and may make provision for the future creation of additional classes or groups of members having such relative rights, powers and duties as may from time to time be established, including rights, powers and duties senior to existing classes and groups of members. Except as otherwise provided in this chapter, nonstock corporations may also provide that any member or class or group of members shall have full, limited, or no voting rights or powers, including that any member or class or group of members shall have the right to vote on a specified transaction even if that member or class or group of members does not have the right to vote for the election of the members of the governing body of the corporation. Voting by members of a nonstock corporation may be on a per capita, number, financial interest, class, group, or any other basis set forth. The provisions referred to in the 3 preceding sentences may be set forth in the certificate of incorporation or the bylaws. If neither the certificate of incorporation nor the bylaws of a nonstock corporation state the conditions of membership, or other criteria for identifying members, the members of the corporation shall be deemed to be those entitled to vote for the election of the members of the governing body pursuant to the certificate of incorporation or bylaws of such corporation or otherwise until thereafter otherwise provided by the certificate of incorporation or the bylaws;
(5) The name and mailing address of the incorporator or incorporators;
(6) If the powers of the incorporator or incorporators are to terminate upon the filing of the certificate of incorporation, the names and mailing addresses of the persons who are to serve as directors until the first annual meeting of stockholders or until their successors are elected and qualify.