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P.O. Box 0816-04126, Balboa, Panama City, Panama ◊ Tel. + 507-264-3046 Fax. + 507 264-3046

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Delaware Corporations

In Delaware, we offer both "C" Corps and LLCs. More than 850,000 business entities have their legal home in Delaware including more than 50% of all U.S. publicly-traded companies and 63% of the Fortune 500. Businesses choose Delaware because Delaware provides a complete package of incorporation services including modern and flexible corporate laws.

Delaware's flexible corporate laws are important because the United States has an important corporate law doctrine called the "internal affairs doctrine." Corporations which act in more than one state are subject only to the laws of their state of incorporation. As a result, Delaware corporations are subject almost exclusively to Delaware law - even when they do business in many (or even all fifty) states. The reason Delaware is the home of most US corporations is because it has made itself the most attractive on this count.

Delaware charges no income tax on corporations operating outside of Delaware, so taking advantage of Delaware's other benefits does not result in an income tax cost.

For information regarding Delaware corporations and Limited Liability Companies, please have a look at the following pages of our website:

[ Delaware Corp or LLC ]

You should also note the restrictions applied in choosing the name for your company in Delaware, as well as the information regarding special licensing requirements.

[legislation] [restrictions] [application form] [fee schedule]

Legislation:

Delaware Corporations and Business Entities Laws

Restrictions:

Corporations may not use the words bank, university or college, without being subject to additional scrutiny by those respective Delaware State departments. Also, corporations may not include the word trust.

Corporation endings - association, club, company, corporation, foundation, fund, incorporated, institute, limited, society, syndicate, and union. A name may include abbreviations, with or without punctuation, such as, Inc., Co., Corp., and Ltd.

Application Forms:

Incorporation of a Delaware corporation will take 7 days (including name approval), while an LLC takes 9 days.

Please ask us to send this to you by email.

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[ Delaware Corp or LLC ]

Last edited: 27-Oct-2009