There are many benefits to incorporating in Delaware. Delaware’s business-friendly laws make it affordable to incorporate, even for small businesses. The laws are also clear and understandable, so businesses know their rights and responsibilities from the beginning. And because Delaware has its own business court, most businesses are able to avoid litigation and settle conflicts without losing time and money. Incorporating in Delaware also makes it Possible for small business owners to separate their personal assets from their business income. When it comes to taxes, businesses that do not actually operate in Delaware do not pay income taxes. All of this makes incorporating in Delaware very attractive.
However, to incorporate in Delaware, you have to meet some basic requirements. One is to have a Delaware mailing address. Your Delaware mailing address can be a P.O. Box or a street address. However, a street Delaware mailing address has some advantages over a P.O. Box. Not all mail carriers will deliver packages to a P.O. Box, so that you run the risk on not receiving all your mail. Also, banks and financial institutions do not always issues accounts and services to a corporation with just a P.O. Box. Therefore, it is worth arranging for a street mailing address.
There are businesses that you can hire that will provide your business with a street Delaware mailing address and a mail forwarding service. If you are not physically located in Delaware and are concerned about getting your mail, then these mail forwarding services make sure that you receive everything. They forward all mail and packages on the schedule you stipulate. For example, you can have your mail forwarded once a week or twice a month, depending on how much mail you receive. These services usually charge a flat rate or charge per piece of mail.
In addition to a Delaware mailing address, it is Possible to establish a phone and fax number in Delaware. Like your Delaware mailing address, these numbers are set up by a service that helps you incorporate in Delaware. Any calls to your phone number are sent to a voice mail service that you can access wherever you are. Faxes are also re-routed to your physical address.
Together with a Delaware mailing address, it is necessary to have a registered agent in Delaware. Your registered agent handles all state, legal, and tax correspondence. They receive this correspondence separately from your Delaware mailing address and it is their responsibility to file and report this mail.