Delaware is the legal home of more than two-thirds of Fortune 500 companies, thanks to its business-friendly Court of Chancery and corporate law framework.
Delaware is the legal home of more than two-thirds of Fortune 500 companies, thanks to its business-friendly Court of Chancery and corporate law framework. The financial sector is massive, with major credit card operations from JPMorgan Chase, Capital One, and Barclays based in Wilmington. The state also has a growing life sciences corridor and a chemical industry legacy rooted in the former DuPont company.
Delaware has no sales tax, no state-level tax on intangible investments, and its Court of Chancery provides fast, expert adjudication of business disputes. These advantages make it the preferred state of incorporation for businesses nationwide.
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