Delaware IncorporationsWritten by adminDelaware incorporations are known throughout the country and throughout the world as being among the most advantageous corporate structures available in the business realm. The veracity of this statement can be tested simply by taking a look at all of the companies listed on the New York Stock Exchange. Roughly one of every two companies on the NYSE is a Delaware corporation--and the percentages are even higher when one looks at the Fortune 500. Why do so many companies incorporate in Delaware? The simple answer is that they can. Delaware state laws place no residency restrictions on companies looking to incorporate in the state. One need never have laid eyes on Rehoboth Beach--nor any other part of the state, for that matter--to incorporate one's business in Delaware. Benefits of Delaware Incorporations Many states offer Limited Liability Companies (LLCs). LLCs protect the private assets of business partners by creating a barrier between such assets and the assets and operation of the business in question. Delaware, however, also offers serial LLCs, which separate not only personal and business assets but break down the assets of a given corporation into a series of entities which are nonetheless considered part of the same general whole. This series of entities allows for separation of the operation and legal status of, for example, numerous pieces of property. The Delaware Business Legal System Delaware Court of Chancery judges are selected due to their distinction when it comes to dealing with business matters. The fact that juries are not present for cases helps businesses by providing a solid base of precedent. Each judge writes opinions for the cases that he or she decides, leaving behind a trail of reasoning. Such a system makes Delaware a legal researcher's paradise and allows businesses to plan legal strategies as carefully as thoroughly as possible. Incorporating with Registered Agents Agents will help you in your dealings with the state government for as long as your company exists. They will update you as to new regulations and aid you in paying your annual franchise taxes. Make sure to select an agent that has been in the business for a significant period of time. The more experience your agent has in Delaware incorporations, the easier running your business will be.
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