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The 7 Best Reasons to Choose Delaware Incorporation

Delaware Incorporation is a growing trend in business. Whether you are considering incorporation or an LLC formation, Delaware should be top on your list of states to consider starting your business in. Whether you consider yourself an entrepreneur, planning to start a number of businesses, or this is your one “baby”, a Delaware incorporation could be just the right balance of liability protection, cost savings, and legal simplicity that your looking for. Here are the 7 best reasons for choosing a Delaware Incorporation or LLC formation.

1) The U.S. Chamber of Commerce rates the Delaware legal system number 1

Since the U.S. Chamber of Commerce began rating legal systems, Delaware has received number 1 in every area of rating.

2) Delaware does not require members’ names to be made public

For LLC formations, Delaware allows members personal names and information to remain private.

3) 90% of new IPO’s come out of Delaware

What a great number to show the value of Delaware Incorporation.

4) State laws protect owners from liability more than many other states (especially for LLC’s)

With a Delaware Incorporation, Delaware’s laws must be followed in any legal dispute, regardless of the state of operation.

5) Most of the Fortune 500 companies are founded in Delaware

Another great proof of why Delaware Incorporation should be one of your first options when starting a business.

6) Protection against creditors

Delaware liability laws don’t allow personal creditors to touch the business, protecting owners from potential credit problems of other owners.

7) Simplicity of legal system

The Delaware legal system is relatively simple and straightforward, being very adept at dealing with business legal issues.

There are 7 reasons to move Delaware incorporation to the number 1 spot in your business formation plans. Consider starting a Delaware incorporation or LLC formation today!
(While the above is intended to help educate you to make an informed decision and written to provide as accurate and valuable information as possible, please do not consider any of the above as professional or legal advice. Always be sure to get advice from authorized professionals whom you know to be trustworthy.)