Should you incorporate your business in Delaware as it seems that everyone is doing? Well, before you make that decision, allow us to show you what the benefits and process look like.
Incorporate Your Business in Delaware
Incorporating is a big decision, which is why you want to do it in the best possible conditions and environment for your whole operation. With this in mind, you might want to choose to incorporate your business in Delaware, since this is where a lot of corporations are created. Why? Well, it’s all thanks to a combination of factors, so let’s try to go over some of them to help you in your own business decision.
Delaware Corporation Designations
In Delaware, you’ll find that there is more than one way for you to start a corporation given the different designations available. So, when you’re looking to incorporate your business in Delaware, you will have to consider four different categories. Here they are, along with a brief description, so that you can make an informed decision.
- Stock Corporation – A for-profit organization that issues shares of stock to shareholders to raise capital. Each share will represent partial ownership of the corporation and grant shareholders certain ownership rights that will shape the corporation’s policies.
- Non-stock Corporation – Corporation that does not have owners represented by shares of stock but is run privately and without the input of any potential shareholders.
- Public Benefit Corporation – Corporation established to create some sort of social or public good, and to operate in a sustainable and responsible manner.
- Nonprofit Exempt Corporations – Corporations that do not have any for-profit incentives, such as foundations, charitable organizations, and educational institutions, among others.
How to Incorporate Your Business
Once you’ve determined how you’re planning to incorporate in Delaware, it will be time to actually file the corresponding paperwork. We know that this probably sounds complicated at first glance, but it doesn’t have to actually be that complex. After all, you count on the help of the Corporation Center, the ideal processing platform when it comes to submitting the application for corporate status. Head over to the Delaware tab on the sidebar menu and click on the corporation option, which will show you the different categories available for you to incorporate your business in Delaware. Feel free to reach out to our team if you need help with this process.
File For Incorporation in Delaware
Our team at the Corporation Center is well aware of just how hard but important it is to take care of company formation documents and paperwork. After all, bureaucratic applications are always a bit of a tedious burden, but even more so when they come with the burden of your professional future. In order to help you with this process, we at the Corporation Center have set up our platform, which allows you to seek out, find, fill out, and submit the necessary forms when it comes to setting up your own company. Allow us to guide you through this complicated application process and feel free to reach out to us should you have any questions about it.