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Program helps companies incorporate with ease and speed

January 18, 2021

Delaware is recognized worldwide as a great place to do business. Now, through the Global Delaware Innovation Program in partnership with CSC, Delaware Prosperity Partnership is providing hands-on support to international companies looking to incorporate in the First State.

Delaware is the legal home to approximately 1.4 million business entities from around the world, including two-thirds of Fortune 500 companies. As the most business-friendly state in the nation, Delaware boasts a large community of business professionals with the experience needed to help businesses establish themselves in Delaware.

Key advantages to doing business in Delaware include: robust infrastructure for corporate governance and intellectual property; access to lending through major financial institutions with a Delaware presence; and extended hours for services offered by the Delaware Division of Corporations to accommodate filing requests and expedite services for urgent and time-sensitive matters.

“Located in the center of the largest consumer market in the United States, Delaware offers an unparalleled opportunity for businesses to enter the U.S. market,” said Kurt Foreman, Delaware Prosperity Partnership president and CEO. “Our Global Delaware Innovation Program makes it easier for small to mid-size companies to incorporate with ease and speed through our partners at CSC, one of the world’s premier providers of business, legal, tax, and digital brand services.”

Headquartered in Delaware since 1899, CSC has adapted to serve companies of all sizes, in every phase of the business life cycle – from startups to 90 percent of Fortune 500 companies, law firms and financial institutions – streamlining the way they do business across the globe. CSC helps establish, grow and maintain small to medium-sized businesses through its incorporate.com division, which provides a wide range of business services. Companies can form entities, acquire proper business licenses, file annual reports, assign CSC as a registered agent, and access entity-management platforms online at incorporate.com.

“Building and operating a successful business is a rewarding experience that demands an unwavering focus on the details of compliance, risk mitigation and technology,” said Jennifer Kenton, CSC’s executive vice president, and head of marketing and customer development. “Our teams are excited to help businesses start and evolve through the DPP Global Innovation Program.”

With modern and flexible business laws, Delaware is known as the foremost authority on corporate law. The Delaware General Corporation Law is the most advanced and flexible business formation statute in the United States, and Delaware’s body of business law offers companies predictability and stability.

Its internationally respected and responsive judiciary and legal community acts with speed. Delaware’s Court of Chancery is recognized internationally as the preeminent forum for resolving business disputes. The Court of Chancery focuses on corporate law disputes and significant business cases, with most judges issuing opinions in 90 days or less. Delaware’s well-developed case law is frequently cited by courts throughout the United States and internationally. 

The Delaware Rapid Arbitration Act allows most disputes to be expertly resolved within 120 days.

Delaware offers low costs and privacy for corporations. Annual state franchise tax is limited to approximately $300, regardless of revenue, for entities that incorporate but do not do business in Delaware. Limited liability corporations in Delaware also benefit from privacy not provided in many other states, with only the entity name, registered agent and filing date published.

For more information about incorporating in Delaware and the assistance available through DPP’s Global Innovation Program, go to incorporate.com/choosedelaware.

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