Delaware

• The commercial law of Delaware is one of the most flexible laws in the United States of America
• There is no public corporation tax for companies established in Delaware not doing business in that place (though there is a franchise tax)
• Requirements are often favourable for companies with complex capitalization structures and a large volume of authorized equity share
• There is no income tax for non-resident companies
• Shareholders and senior executives of a company or members or managers of a corporation do not need to be residents of Delaware
• Shares held by persons outside United States are not subject to any Delaware tax
• In general, the court system of Delaware is one of the most liberal systems in the USA