Delaware
Delaware is the most used state in the United States to register businesses. This is due to the large amount of jurisprudence within the state.
Profile
Delaware is traditionally seen as the most business friendly state in America. Delaware is seen as the best place for international companies to register in the United States. It strategic location between New York and Washington D.C. makes it a popular for many American businesses to settle.
Tax
Delaware has a corporate tax of 8.7% which is slightly higher than some of the other popular states. Besides that it has no sales tax, no VAT and no state real property tax.
Legal
Delaware has a well known business legal system with its many businesses that are located there. The amount of legal precedent makes it another reason why many businesses settle in Delaware. This makes the outcome of legal issues more predictable for businesses.
Privacy
Registering a company in the United States is generally anonymous compared to other jurisdictions. There is no need for certified KYC documents and Ultimate Beneficial Owners are currently not filed. There are ongoing efforts to try to put a Beneficial Ownership Register in place known as the BOI, this is currently however put on hold.
Updated 3 days ago