Incorporating and Dissolving Companies in Delaware

Incorporating and Dissolving Companies in Delaware

Home to more than 1 million legal entities, including the most well-known trans-national corporations, Delaware is known for its business-friendly environment and state practices. Its laws and efficient state offices allow for quick incorporation with minimal requirements. One such condition is the annual Franchise tax, which is based on the number of authorized shares of the corporation, to the Delaware Department of State, for the privilege of incorporating in Delaware.

F is also relatively easy. The company in question should notify the Delaware Division of Revenue of its dissolution by presenting the last day of business operations on the company’s withholding or business license gross receipt coupon and the final corporate income tax return.