Explore why Delaware corporations attract businesses with favorable usury laws and benefits like tax advantages and strong legal precedents, allowing operations across the U.S.
Elon Musk has a Rolodex of feuds: US President Donald Trump, "212" rapper Azealia Banks, and even a British diver who helped save a Thai soccer team stuck in a flooded cave. In 2024, he set his sights ...
Flipping a foreign entity into a Delaware corporation has become a popular strategy for entrepreneurs and businesses looking to take advantage of the favorable business environment and fundraising ...
For more than a century, executives have flocked to Delaware, the First State, to incorporate their businesses. It’s not for the beaches or even the taxes — Delaware’s 8.7 percent corporate rate, in ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
For most of the 1800s, U.S. states restricted the power of corporations to expand into new businesses or across state lines, merge with other corporations or otherwise get too big for their britches.
Most California LLCs that are small businesses never convert to a Delaware corporation for five reasons. 1. In addition to paying the California annual franchise tax you would also need to pay the ...
Elon Musk urged companies to leave Delaware after clashing with its Court of Chancery in 2024. Delaware says its position as the country's most corporate-friendly state remains unthreatened. Over 2.1 ...