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Once you've decided to incorporate your small business the next
step is deciding which state to incorporate in. A common
misconception is that businesses must incorporate in their state
of operation. You can, in fact, incorporate in any one of the 50
states and the District of Columbia regardless of where your
business currently operates.
It is perfectly acceptable to incorporate in a state other than
your current area of operation, but
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Delaware appears to be the place to be if you are a publicly
traded company or desire to be a member of the Fortune 500. The
state of Delaware has modern laws, a Court of Chancery, and a
business savvy government that makes Delaware incorporation
easier and more beneficial to the organization. Still, it is
important to follow laws and procedures when completing your
Delaware incorporation process.
Delaware is home to more
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When it comes to the term 'offshore' used in conjunction with
company incorporation, the term 'offshore' generally refers to
any jurisdiction other than one in which the company
incorporated will conduct the majority of its activities.
Usually such a jurisdiction has some degree of taxation or
reporting benefit attached that makes it attractive to the
company owner, and the concept of incorporating a company
offshore will bring at least one of
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