In this video, I showed How to Start a C Corporation in Delaware On a Budget with a full Delaware State Corporation Setup, formation & requirements process online.
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Delaware is a popular state to form a corporation because it offers many benefits. Many larger corporations have chosen to incorporate in Delaware—usually setting up their headquarters in another state. To incorporate in Delaware, here's everything you need to know, including filing articles of incorporation, drafting bylaws, and issuing stock.
The primary reason so many companies decide to incorporate in Delaware is the state's friendly tax laws. Corporations that don't do business in Delaware don't have to pay the state's corporate income tax, even if the company is incorporated there. Instead, corporations pay a small franchise tax.
Additionally, Delaware doesn't have a state sales tax or property tax, lowering the cost for many corporations who do decide to do business in the state. Even corporations that do business within the state can avoid paying corporate income tax.
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