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Saying only 4 states allow it is mostly meaningless when one of those states is the state that by far registers the most companies per year.
by oh_sigh 5y ago
Saying only 4 states allow it is mostly meaningless when one of those states is the state that by far registers the most companies per year.
- munk-a 5y agoIt's not meaningless - but it is good to observe that there's a bit of a tragedy of the commons when it comes to state-wise incorporation requirements. The weakest link effectively dictates for the rest of the nation. Delaware has incredibly low incorporation fees, taxes and disclosure requirements - and thus every other state just has to shrug and take it due to federal control of limitations on interstate commerce.