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  2. Delaware General Corporation Law - Wikipedia

    en.wikipedia.org/wiki/Delaware_General...

    Delaware charges a franchise tax on the corporations incorporated in it. Franchise taxes in Delaware are higher than in most other states which typically get revenue from corporate income taxes on the portion of the corporation's business done in that state. Delaware's franchise taxes supply about one-fifth of its state revenue. [17]

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]

  4. List of legal entity types by country - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_entity_types...

    SAS (Société par actions simplifiée): ≈ limited liability company (US, especially in Delaware), unlisted public company (Au), close corporation (CC) (S. Africa), private corporation (Can); often used for subsidiaries; minimum of one director and two members/shareholders; no limit on share capital; liability can be restricted to director ...

  5. Why Are So Many Companies Incorporated in Delaware? - AOL

    www.aol.com/news/2013-06-29-why-are-so-many...

    You can find the words "A Delaware Company" on the first page of SEC filings from many companies. Perhaps you skip over the boring format pages in the beginning. Maybe you just accept it because ...

  6. Elon Musk hates Delaware now. Here’s why millions of ... - AOL

    www.aol.com/finance/elon-musk-hates-delaware-now...

    Elon Musk is threatening to move the state of incorporation for Tesla, his half-a-trillion-dollar company, from Delaware to Texas after a judge in the First State voided a $55.8 billion ...

  7. Corporation Trust Center - Wikipedia

    en.wikipedia.org/wiki/Corporation_Trust_Center

    It was estimated in 2012 that $9.5 billion of potential taxes had not been levied over the past decade, due to an arrangement known as the "Delaware loophole". [2] Companies formed in Delaware are required to have an address in the state at which process may be served. Therefore, Delaware entities with no physical office in the state must have ...

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