There are several reasons to establish a company in Delaware:
1. Favorable corporate law: Delaware has a business-friendly legal system with well-established case law, making it a popular choice for incorporation.
2. Efficient incorporation process: Delaware has a streamlined process for incorporating a company and obtaining a certificate of formation.
3. No state corporate income tax for out-of-state companies: Delaware does not impose a corporate income tax on companies that do not conduct business within the state.
4. Confidentiality: Delaware law allows for the names of the company’s owners and directors to remain confidential.
5. Experienced Chancery Court: Delaware has a specialized court, the Chancery Court, which deals with business and corporate disputes, providing a knowledgeable venue for resolving legal issues