The Benefits of Delaware Company Formation, where to start?

Jan. 20, 2010 - PRLog -- If you are looking for a great place to set up a company you should consider the state of Delaware. Delaware has flexible and advanced. Delaware is a favored state by many investors and is considered the best place to set up business in the country.

http://www.cclogic.com/register-offshore-company-online/delaware-company-formation-registration.html

The first thing that you need to do in Delaware company formation is look for a company name. You need a unique name that is not used by another company.  You can simply search through the search engines on the internet to check whether the name is free.  You will also need to seat up company offices in Delaware. This office is to handle all the company’s paperwork. To register for the company, you will need to hire a registered agent to take you through the registration process. The agent may be you, a family member, an attorney or a company that handles such processes. Note that the registered agent is supposed to be a person that resides and works in Delaware.

Delaware has an extensive and well-formulated law that makes it easy to conduct business by local and international persons in the state. In Delaware, directors and shareholders can easily make decisions on matters pertaining to their company by a unanimous written consent instead of holding board meetings. This makes it easy and fast to make decisions by company directors and shareholders. It is quite an advantage especially if the directors and shareholders reside in distant states.

You do not have to be Delaware resident for the Delaware company formation but you are required to have a company office in the state. This is the registered office that is meant to handle all the company paperwork. It is this company office that should be the registered company address. Delaware company formation offers several benefits to anybody planning to start their business in the state. Some of the benefits include.

•   Delaware has a highly respected business court that is separate from the others. It is referred to as the Delaware court of chancery. The purpose of the court is to protect the corporations so that they can focus on the nature of their businesses and serious litigations.
•   Delaware has very low fees for incorporation filing and franchising taxes.
•   Most states require that you have a minimum balance of at least $1000 to open a business account while in Delaware there are no minimum opening balances for the business account.
•   In Delaware, company formation you are allowed privacy and anonymity whether you are the director, a shareholder or an officer.
•   Any of the persons (director, shareholder, or officer) can be the company owner.
•   In Delaware company formation, if you incorporate your company in Delaware but you do not conduct business in the state then you do not have to pay the state income tax.

http://www.cclogic.com/register-offshore-company-online/d...

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