Why do tech startups incorporate in Delaware?
Incorporating in Delaware sets the standard for both large corporations and startups looking to connect with angel investors and venture capitalists. But what exactly does Delaware offer? Here are some key advantages:
- Court of Chancery: A national leader in business law and precedent, Delaware’s Court of Chancery appeals to investors seeking consistency and predictability.
- Tax Advantages: Incorporating in Delaware doesn’t require you to pay corporate income tax unless you do business in the state. In addition, there are no state or local sales taxes.
- Privacy: Delaware doesn’t require corporations to disclose the identities of officers or directors.
For more details, check out the Startxpress Help Center and Blog. If you need assistance, contact us at support@startxpress.io! We’re here to help make managing your business as smooth as possible.
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