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to decision makers that is “virtually impossible” in other states.
Incorporators: The Support
Companies Need
Delaware’s unique support system for corporations also includes a robust landscape of incorporators. There are countless providers such as Agents of Delaware, which provides registered agent services for companies that are incorporated in Delaware but don’t have a physical presence here. “We offer different plans depending on what the company needs,” Rozanski said. “It can be annual, or multiple years.”
(Another company providing
similar services is The Corporation Trust Center, which is operated by
CT Corporation, a subsidiary of Dutch information services firm Wolters Kluwer.)
Agents of Delaware’s other business services include consulting on entity formation. “We do a consultation with
Quality Incorporating Services
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SO YOU WANT TO INCORPORATE?
Here Are Your First Steps
The Division of Corporations offers the following advice to companies looking to form a business entity in Delaware:
1 CHOOSE YOUR BUSINESS ENTITY TYPE. Whether you would like to form a
Corporation, Public Corporation, Limited Liability Company (LLC), Limited Partnership (LP), Statutory Trust or General Partnership (GP), the first step is to choose a business entity. Please note that the Division of Corporations does not provide legal advice.
2 OBTAIN A REGISTERED AGENT. Delaware law requires that every business entity
have and maintain a registered agent in
the state of Delaware who may be either an individual resident or business entity that is authorized to do business in the state.
3 Reserve your entity’s name. Although not required, you are allowed to reserve
your entity’s name for a period of 120 days.
4 Submit Certificate of Incorporation/ Formation Forms. You must submit
forms to complete your entity’s Certificate of Incorporation and other formation forms.
5 Submit Certified Copies and Certificate of Status/Good Standing. Some
financial institutions will require a good standing certificate or a certified copy of your new entity filing. You will need to check with your financial institution to determine whether additional information is required to establish a business account with them.
6 Pay incorporation fees. All corporations incorporated in the state of Delaware
are required to file an Annual Report and pay a franchise tax. Exempt domestic corporations do not pay a tax but must file an Annual Report. Limited Partnerships, Limited Liability Companies and General Partnerships formed in the state are not required to file an annual report but are required to pay an annual tax of $300.
For additional information, please visit corp.delaware.gov.
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