6 ms·

I'll be registering my company in Delaware. Why the hell wouldn't I?

• georgieporgie 15y ago
  Because if you don't live in DE, it can be a pain if legal action ever comes up. I've read that the "home court advantage" is very real. Also, people often establish companies in tax-free states thinking that they'll avoid taxation. But nexus will bite you. By living in a state, or doing work in a state beyond sales, you establish nexus and are responsible for state income tax.
• tzs 15y ago
  Why Delaware over the state you are in? (Assuming you aren't actually in Delaware).
  • dunham 15y ago
    They have a different legal system (a court of chancery) that businesses prefer when resolving disputes. See "Delaware Court of Chancery" on Wikipedia.