Formation of Delaware Company (LLC)
Formation of Delaware company (LLC)
Delaware is one of the 50 states in the United States and located in the east of the United States in North America. Surrounding regions include Washington, New Jersey and New York which makes Delaware having an excellent location for economic development and business cooperation. Due to the tax and geographic advantages, there is an increasing trend of global investors set up companies in Delaware and operate businesses around the world. More than 1 million companies have been established in Delaware, and many of them are large and reputable companies listed on the world's major stock exchanges. Moreover, more than 60% of Fortune 500 companies choose to set up in Delaware, which shows that Delaware's position in global business is very important.
Delaware companies will be regulated by the General Corporation Law, and annual government agencies review their legislation to ensure they are able to respond to emerging issues and to cater to changes in global business environment.
Advantages of forming Delaware LLC: