Yes, it’s on of the advantages of incorporating in Delaware.
And here are a few other perks:
- Delaware laws have formed a reputation of being favorable to business. In fact, there’s a separate court entity, Court of Chancery, that decides litigation associated with businesses. Judges determine the outcome instead of a jury.
- Delaware is considered a tax haven for businesses. The state doesn’t collect corporate taxes on entities that conduct business outside the state.
- Delaware is known for incorporating businesses much faster than other states.
- Investors are incredibly attractive to Delaware corporations simply because it has established so many advantages.
If you are looking to incorporate your business, reach out to a business attorney who can help.would be happy to connect you with a handpicked business attorney that can offer guidance and legal counsel through various stages of business formation. Check out our website to learn about our affordable services.