4 ms·
The issue with incorporating elsewhere is that Delaware law is understood. It is the baseline. If you go with some rarely incorporated state's Corporate law yo
by yasth 11y ago
The issue with incorporating elsewhere is that Delaware law is understood. It is the baseline.
If you go with some rarely incorporated state's Corporate law you don't even know what traps are there, and there are a lot fewer experts. Also it is perfectly possible that no one will have done what you want to do.
This is why some states more or less slavishly copy Delaware corporate law. Of course the weird and complex case law isn't there, but often it is sort of "ported over".