Incorporations

Delaware has long been a great place to incorporate. In fact, over half of the Fortune 500 companies are incorporated in Delaware. The reasons for Delaware popularity are many:

1. The cost to incorporate in Delaware is one of the lowest in the country.
2. There is no corporate income tax for corporations incorporated in Delaware but not transacting business in the state.
3. Delaware maintains a separate corporate law court system, called the Delaware Court of Chancery, which does not use juries, but only uses judges appointed for their knowledge of corporate law.
4. One person can hold all officer positions of the corporation-president, secretary, and treasurer and serve as the sole director. These names are not required to be listed in the articles of incorporation.
5. Shareholders, directors, and officers of the corporation need not be residents of Delaware.
6. Shares of stock owned by persons outside of Delaware are not subject to Delaware taxes.

Besides the formation of LLC's and S-Corporations, we also do UCC Filings. The Delaware Secretary of State typically takes approximately one month to process the Certificate of Incorporation. Expedited processing may be ordered, with next day service available, for an additional $100.00, plus $25.00 for overnight courier fees.

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Regional News and Business Sites

The Wilmington News-Journal
The Philadelphia Inquirer

Legal / Governmental Information

Legal Information Institute
American Lawyer Media
Delaware Law Weekly
State of Delaware

D. Stephen Parsons, P.A. is pleased to provide useful links that may be of assistance to clients and visitors. Please be aware that D. Stephen Parsons, P.A. does not control these web sites and that, in any case, does not necessarily endorse the content on these sites.

P.O. Box 480
Ocean View, DE 19970
Phone: (302) 539-2220
Fax: (302) 539-4130
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