LLC, Business License, Incorporation in Delaware
Delaware's flexible corporate laws and business-friendly state government have made it one of the best states in which to form a business. This state also offers favorable tax treatment for companies headquartered in other states. Many of the largest firms in America have chosen this small state as their state of incorporation. In fact, 68% of the 50 largest U.S. companies and 58% of Fortune 500® companies incorporated in Delaware.
Many businesses choose to incorporate in Delaware even though they may not be located within the state. Delaware is known for having some of the most business-friendly laws and regulations for starting and running a business.
Incorporate in Delaware Online
You can incorporate in Delaware online through The Company Corporation. The Company Corporation has helped thousands of companies with incorporating in Delaware and our established relationship with the Delaware Secretary of State allows us to provide the best service in the industry.
How to Incorporate in Delaware
When you incorporate in Delaware you start by choosing a business name. The Company Corporation will verify that your business name meets naming requirements and is not already in use.
The Company Corporation will file your Delaware articles of incorporation on your behalf. You will need a Federal Tax ID if you intend to hire employees or open a bank account in the name of the business. The Company Corporation can help you with this step of the process as well.
Once we complete all of the steps to incorporate, you will receive a Delaware certificate of incorporation which is sometimes asked for as proof of your business entity when opening bank accounts or applying for other financing.
If you are not located within the state of Delaware, you will need to have a registered office located in Delaware to receive legal paperwork on your behalf in the event you are sued. The Company Corporation can provide this service for you as your Registered Agent.
Costs and Fees to Incorporate in Delaware
The state fee to incorporate in Delaware is a minimum of $89 which includes your Division of Corporation fees ($50), filing fee tax ($15 minimum), and the county fee ($24). This price is based on a corporation with 1500 shares at no par value, so the Delaware incorporation fees to file may vary depending on the number of shares you desire and their par value.
The Company Corporation will handle all of the requirements for getting your Delaware incorporation up and running and advise you of the total cost to incorporate in Delaware based on your unique situation.
Why Choose Delaware?
There are a number of Delaware incorporation advantages that lead business owners to start their businesses in the state. Some Delaware incorporation advantages include:
- Corporation ownership is easily transferable to others as Delaware does not record business owners' names or require a record of ownership transfer.
- Low franchise tax for small businesses
- No tax on capital stock or assets
- No stock transfer taxes or Delaware capital shares
- No Delaware sales tax
- Corporations can usually deduct cost of health insurance
Documents Needed to Incorporate in Delaware
All of the Delaware incorporation forms required for starting your business are available through The Company Corporation website.
Delaware Incorporation Services: FAQ
Why Incorporate in Delaware?
The business-friendly regulations and tax laws are the primary reason why companies incorporate in Delaware.
How to incorporate in Delaware?
You can either contact the government offices in Delaware to obtain all of the necessary forms and applications to incorporate in Delaware, or you can incorporate in Delaware online through The Company Corporation.
Should I incorporate in Delaware?
If you want to keep your business completely separate from your personal assets, it is a good idea to incorporate or establish a Limited Liability Company. Many companies decide to incorporate in Delaware even if they are not located in the state to take advantage of their business regulations and business tax requirements.