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CNBC recently released "America’s Top States for Business 2013”. Delaware Governor Jack Markell wrote a column as a guest contributor for the news piece. In his post, “The First State Aims to be First in Business,” he explains numerous steps that have been taken to make Delaware a busines-friendly state. Some of the details include over 100 state regulations that were amended or removed to make it easier to conduct business in the state of Delaware. In addition, a new program comprised of several different communities was created to help entrepreneurs get their businesses up and running effectively. Markell also says that the small community of leaders that represents Delaware gives the state an advantage of establishing and setting legal precedent.
Governor Markell further explains how he strives to keep Delaware ahead of other states in the competitive business market. Delaware has been at the top of the business ladder when it comes to entity formations, with more than 64% of all Fortune 500 companies formed in this state. This success is due, in part, to the corporate-friendly legal system, the well-respected Court of Chancery and an efficiently-administered Division of Corporations office.
To learn more about incorporating in Delaware, visit our website at www.delawareinc.com.
THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE’S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.