What's missing from your article, and from your response here, is why companies incorporate in Delaware as opposed to, say, Iowa. That reason is: since the tur

What's missing from your article, and from your response here, is why companies incorporate in Delaware as opposed to, say, Iowa. That reason is: since the turn of the century, Delaware has adopted a variety of tax and corporate laws which are highly, almost absurdly, corporation-friendly. As a result, Delaware has a well-deserved reputation for being a corporate haven.