What Is a Delaware Corporation?
Delaware Corporation
A Delaware corporation is a company that is formed in the state of Delaware but can conduct business anywhere. Incorporating in Delaware has become widespread among large U.S. companies, including more than half of the S&P 500.
Incorporation in Delaware affords companies numerous benefits. Delaware's Court of Chancery is a well-respected court focused on Delaware corporations with extensive precedents. Decisions from the Court of Chancery interpreting Delaware General Corporation Law have routinely set the benchmark for U.S. corporate law.
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