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Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
Delaware acquired its status as a corporate haven in the early 20th century. Following the example of New Jersey, which enacted corporate-friendly laws at the end of the 19th century to attract businesses [5] from New York, Delaware adopted on March 10, 1899, a general incorporation act aimed at attracting more businesses.
Delaware is the home to more than 1.8 million corporations, more than the number of residents in the state. The Court of Chancery handle corporate internal affairs litigation (such as shareholder disputes and merger disputes) according the Delaware General Corporation Law, the statute governing corporations in Delaware. As a result, it is a hub ...
One other measure from the US Census Bureau showed that business applications from corporations in Delaware dropped 8.5% between December 2022 and December 2023, according to IRS filings, after ...
Elon Musk has claimed that Delaware, home to much of corporate America, is trying to prevent businesses from heeding his call to leave the state, where a court invalidated his $56 billion Tesla ...
Corporation Service Company (CSC) was founded in 1899 by Otho Nowland, then president of Equitable Guarantee & Trust Company, and Christopher L. Ward. With an initial investment by Nowland, Ward, and another friend, Willard Jackson, The Delaware Incorporators’ Trust Company was created. [ 3 ]
This category includes companies with their headquarters based in Delaware, It does not include companies that are just incorporated in Delaware for legal purposes. Wikimedia Commons has media related to Companies based in Delaware .
Delaware Division of Libraries; Delaware Division of the Arts; Delaware Public Archives; Delaware State Banking Commissioner; Conference Centers(Buena Vista/Belmont Hall)Division of Corporations(handles business records, including lien statements under the Uniform Commercial Code)
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