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How do I start a corporation in Delaware?

By Isabella Little |

How to Form a Corporation in Delaware

  1. Choose a Corporate Name.
  2. Prepare and File Certificate of Incorporation.
  3. Appoint a Registered Agent.
  4. Prepare Corporate Bylaws.
  5. Appoint Directors and Hold Board Meeting.
  6. Issue Stock.
  7. File Annual Report and Pay Franchise Tax.
  8. Obtain an EIN.

How much does it cost to set up a corporation in Delaware?

Delaware Incorporation Fees The state fee to incorporate in Delaware is a minimum of $89. This includes your Division of Corporation fees ($50), filing fee tax ($15 minimum), and the county fee ($24).

Why do Corps register in Delaware?

There are two major reasons for Delaware’s dominance of the corporate incorporation business. The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.

How long does it take to become a Delaware C Corp?

Time to process your corporation or LLC formation varies by state with routine processing taking 4 – 6 weeks or even more in the slowest states. Expedited Processing will reduce that time to about 10 business days or less with the exception of just a few states.

How to incorporate in Delaware and Start Your Startup?

Have a checklist/questionnaire. Create a checklist or questionnaire of all of your important business, legal, and capital raising goals. Before you make a final decision, review it with your co-founders and make sure your plan will meet each goal. Divide equity. Decide each founder’s initial share of the company.

What makes Delaware a good place to start a business?

Businesses choose Delaware because we provide a complete package of incorporation services including modern and flexible corporate laws, our highly-respected Court of Chancery, a business-friendly State Government, and the customer service oriented Staff of the Delaware Division of Corporations.

Where can I find information on a Delaware corporation?

To retrieve information on a Delaware entity, Key in the name of the entity you are searching. The search results will return both active and inactive entities from our database.

How to form a nonprofit corporation in Delaware?

Unincorporated nonprofit associations and partnerships have the option of making certain filings with the Delaware Division of Corporations.For a basic overview of entity choices and the business registration process in Delaware please see the Delaware Division of Revenue’s Legal Business Structure Table and its Registration Process Flow Chart.