I'm interested in knowing more because I plan to do business in more than one state. I've heard that Delaware is a great state to incorporate in but I don't live there. What should I take into consideration when deciding which state to incorporate in?
Delaware's laws are friendly to the company and shareholders and predictable and familiar to investors. Costs are low. For these reasons, this is the most common state of incorporation. Unless you have a compelling other reason, this would be the most logical choice.
Absent regulatory reasons, relating to your industry, there is no reason to incorporate in the state where you are located.
Answered 9 years ago
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