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WHY INCORPORATE IN
DELAWARE?

Learn more about incorporating in Delaware
Delaware is the most desirable state to form a company

Reason 3: It’s Easy to Incorporate in Delaware

The process of incorporating in Delaware is simple, and nearly anyone can register their company in the state. With the help of a Delaware registered agent such as IncNow, you can create your company by filing out a simple form.

The process to incorporate your business in Delaware is easy with IncNow. Simply answer a few questions about your business and we’ll take care of the rest. The process specifically involves completing an order form on IncNow.com (it takes five minutes). Then, IncNow submits your filing to form your company on that same business day. Finally, IncNow will send you signature-ready company documents that list the owners and managers of your new company. That’s it!

Incorporate in 3 Easy Steps

The process to incorporate your business in Delaware is easy with IncNow. Simply answer a few questions about your business and we’ll take care of the rest.

Order, File and Sign to Start Your Company

Reason 4: There Are Several Company Types to Choose From

In Delaware, you can form a limited liability company (LLC), corporation, limited partnership (LP), series LLC, and more. However, the two most popular options are the LLC and corporation.

An LLC allows for management and ownership to be structured in a way that minimizes bureaucracy. At the same time, it provides liability protection to the owners of the LLC. Unlike corporations, no formal meetings are required with an LLC. Plus, the Delaware LLC offers another type of protection that helps protects members from the creditors of other members of the LLC. That added benefit is called the “charging order” and it’s the exclusive remedy of the creditor of a member to only allow a lien on an LLC distribution without control rights or direct ownership by the member’s creditor. An LLC can also reduce or eliminate fiduciary duties of controlling members and mangers. The only required duty required in Delaware is the implied contractual duty of good faith and fair dealing. Furthermore, an LLC can be managed by other entities and owned by other entities, reducing the liability of people involved in the management, which can help you sleep better at night to reduce potential risks of liability.

A corporation is comprised of people or entities that hold stock in the corporation. Corporations are owned by shareholders who elect natural persons to comprise a board of directors to oversee the company’s activities. The board then elects natural persons to be officers of the corporation. Those directors and officers have fiduciary duties, many of which cannot be waived that could result in liability for breaches of the duty of loyalty. Corporations have a more formal structure than LLCs and require annual meetings and elections. Reducing fiduciary duties and allowing other entities to serve as managers is why the LLC is often a preferred choice.

Not sure which Delaware entity is right for you? Below are the critical documents you will receive to start your business properly when you start a Delaware corporation or LLC with IncNow.

Compare Delaware LLC and Corporation Packages