Did you know about Delaware?
- Delaware was the first state to ratify the United States constitution. It did so on December 7, 1787;
- Delaware is one of only five states with no sales tax in United States;
- In total area Delaware ranks 49th in the nation. It contains 1,982 square miles. It is 96 miles long and varies from 9 to 35 miles in width;
- Delaware is the only state without any National Park System units such as national parks, seashores, historic sites, battlefields, memorials, and monuments;
- About 500 descendants of the original Nanticoke Indians reside in Delaware. They celebrate their heritage each September with the Nanticoke Indian Pow Wow;
- The Lady Bug is Delaware’s official state bug;
- The Delaware Memorial Bridge is the longest twin h6 suspension bridge in the world;
- Twelve concrete observation towers along the coast were constructed during World War II to protect the state’s coastal towns from German u-boat attacks.
Frequently asked questions
How long does it take to incorporate a Delaware Company?Healy Consultants can legally complete Delaware company registration in one week.
What is the minimum number of directors / shareholders required for a Delaware Company?To complete company formation in Delaware, only one director and shareholder is required, who can be the same person. Furthermore, residence in Delaware is not required. Corporate shareholders are permitted to set up a company in Delaware.
Are there minimum capital requirements for setting up a company in Delaware?There are no minimum capital requirements to set up a company in Delaware.
Are there any restrictions on ownership of a Delaware Company?None. A Delaware company can be 100% foreign-owned.
What are the tax implications of a Delaware Company formation?Investors who set up a company in Delaware are liable to pay tax on income derived in Delaware. There is no tax if no revenue is earned in Delaware.
Is a Delaware Company subject to an annual audit?Having set up a company in Delaware, it is not necessary to submit annual audited financial statements if no income has been derived from within Delaware.