The Delaware Division of Corporations is the state government arm that takes care of matters pertaining to the incorporation of businesses in the state of Delaware. The Division of Corporations also assists in filing corporate, Delaware uniform commercial code, and tax documents. The Division has a list of prominent government officials, starting with the Secretary of State, who are available to answer questions and hear comments. The Division of Corporations serves as the first stop for businesses intending to do business in Delaware. The Division has a well-functioning website which details the information, forms, and links needed for corporations to learn more about the regulatory practices and business culture in Delaware. The Delaware General Corporation Law is supposed to be the most advanced and flexible business statute in the U.S. An important institution emphasized by the Division of Corporations is the Delaware Court of Chancery, which is a court that is more than two centuries old and handles corporate cases. The court has been credited with writing important modern U.S. corporate case laws. The Division of Corporations is staffed with trained personnel who are adept at working in tandem with modern state-of-the-art business techniques. This has helped Delaware attract business investments from around the nation and across the world. More than half of the publicly traded corporations in the U.S. and 60% of Fortune 500 companies are registered in Delaware. The Division of Corporations takes the lead role in coordinating the efforts among the various government agencies in the state of Delaware to ensure that a business-friendly atmosphere with minimal bureaucratic hassles exist for companies intending to do business in Delaware. |
