What State Should You Incorporate In? Delaware.
As a Delaware lawyer who represents businesses around the country and in Europe, I’m frequently asked whether Delaware is the best state to incorporate in. If you like statistics, 63 percent of the Fortune 500 are incorporated here. In total, there are more than 800,000 companies incorporated in Delaware.
These statistics don’t tell the entire story. There’s an interesting report that was recently published called the 2010 U.S. Chamber of Commerce State Liability Systems Ranking Study. Various factors were considered, including the impartiality, competence and fairness of judges, how tort and contract litigation is treated, timeliness of dismissals, etc.
This comprehensive report ranks Pennsylvania, California and Florida among the worst states. Delaware is ranked #1.
