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Finding What You Want With Your Home Business
Do you know what you really want to do for your job? Some people dream about starting their own business and know what type of business they want to create immediately. Then there are the rest of us... Knowing we want to have a business is only...
Must-Do Before Starting Up A Work At Home Business
The thought of earning a residual income without leaving the
comfort of your own home is really appealing and interesting.
That's the main reason why there are more and more people who
want to invest in a work at home business. But the truth...
Returning home : Scottish Golf Breaks
July 2005 sees the return of the world’s greatest golf tournament to its spiritual home on the Scottish East Coast. With the 27th staging of the British Open taking place on the Old Course in 2005, St Andrews has held the event more often than...
Success vs. Failure - THE HOME BUSINESS DILEMMA
Regardless of your career or goals in life, no one wakes up, gets out of bed, and says to themselves “I’m going to fail today!” It’s the same in business whether you’re a brick and mortar store or a home based business owner. I think what makes the...
The Power of Home Based Business .
The power of a home-based business is much higher than most
people think or realize.
Actually there has never been a time in the history of mankind
when a home business has had the potential it has today. The
truth is that there are 1000's...
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Why Choose Delaware as Your Corporate Home?
What state Incorporates more than a half-million business
entities, including more than half of the Fortune 500 companies?
New York? California? Illinois? No. No. No. That state is
Delaware. With a population smaller than 88% of all states, this
business-friendly state attracts more corporations than any of
the major cities. Businesses choose Delaware simply because of
their flexible corporate laws, highly respected Court of
Chancery, a business-friendly State Government, and a customer
service oriented Staff of the Delaware Division of Corporations.
Among the many business-friendly laws, Delaware does not require
corporations to operate in the state, only to maintain a
registered agent, who may be an individual resident, or an
existing domestic corporation. Additionally, incorporations
typically take 24 hours to process, however there are services
that allow same day, and 2 hour filing. There is no corporate
income tax for corporations incorporated in Delaware, but not
transacting business in the state. Further, the cost to
incorporate is one of the lowest in the country, and one person
can hold all officer positions of the corporation. Officer names
are not required to be listed in the articles of incorporation.
Shares of stock owned by persons outside of Delaware are not
subject to Delaware taxes.
Delaware maintains a separate corporate court system, called the
Delaware Court of Chancery, that does not use juries, but only
uses judges appointed for their expertise in corporate law. The
Delaware Court of Chancery is a 210-year-old business court that
has written most of the modern U.S. corporation case
law. It is
widely recognized as the nation's most distinguished agency for
dispute resolution involving corporate litigation. The state
legislature takes seriously its role in keeping the corporation
statute, and other business laws current. Their unique expertise
in, and exposure to issues of business law are supreme.
Currently the Court of Chancery has made docket information, and
pleadings available over the Internet for civil actions filed in
the Court.
Delaware's State Government is business-friendly and accessible.
The Division of Corporation is in the forefront of efficiency,
and their professional staff provides prompt, friendly services
to clients, attorneys, registered agents and others. The office
of the Secretary of State operates more like a business rather
than a government bureaucracy with its leading edge technology,
and customer-service oriented staff.
Delaware may make sense for large corporations, however it may
not be worth the effort for small, privately held corporation
who do business in their home state. Although Delaware does not
tax out of state businesses, taxes must be paid in the state the
business is operating. While incorporating fees are lowest in
Delaware, appointing a corporate agent to receive official
notices in Delaware may negate any realized costs savings. All
factors considered, Delaware is a premiere legal home to
companies all around the world.
About the author:
Jay B Stockman is a contributing editor for Online Small Business
Consulting Visit http://small-business-usa.com/ for more
information.
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