Frequently Asked Questions About Delaware Corporation Annual Reports and Franchise Tax Payments

As reported on the Delaware Secretary of State website, more than 900,000 business entities have their legal homes in Delaware including more than 50% of all U.S. publicly-traded companies and 63% of the Fortune 500. Businesses choose Delaware because the state provides a complete package of incorporation services including modern and flexible corporate laws, has a highly-respected Court of Chancery, a business-friendly State Government and the customer service-oriented staff of the Delaware Division of Corporations.

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