DELAWARE LEADS THE NATION
IN BUSINESS INCORPORATION
WASHINGTON, DC, IS WORKING AGAINST IT
By Neil Bradley | US Chamber of Commerce
Few states have established for themselves a reputation that is more positive with the business community than our nation’s first state, Delaware.
Delaware’s corporate environment, shaped through the state’s General Corporation Law and applied through its unique Court of Chancery, has made it first in the nation with respect to business incorporation. That’s why—as the Delaware Division of Corporation’s 2021 annual report found—66.8% of all Fortune 500 companies are incorporated in the state. Moreover, an astounding 93% of U.S.-based initial public offerings in 2021 chose Delaware as their corporate home.
Unfortunately, this example of dynamism being set by Delaware isn’t being followed by those in Washington.
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