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> Have you ever wondered why so many companies incorporate Delaware? > [...] decreased liability and litigation. > [...] incomparable tax savings. There is no
by ttctciyf 3y ago
> Have you ever wondered why so many companies incorporate Delaware?
> [...] decreased liability and litigation.
> [...] incomparable tax savings. There is no state income tax for Delaware corporations that conduct business out of state; no inheritance tax on stock held by non-Delaware residents; no state sales tax on intangible personal property (such as royalty payments); and shares of stock owned by non-resident aliens are not subject to Delaware taxes.
> In addition, Delaware corporations not operating in the state of Delaware do not need to acquire a business license in Delaware.
> [...] The State of Delaware allows you to file your company without listing the names of the owners
And other reasons detailed at the same link: https://www.delawareinc.com/before-forming-your-company/benefits-of-incorporating-in-delaware/ https://www.delawareinc.com/before-forming-your-company/bene...
Seems like the closest US onshore location to actual offshore.