Delaware is the second smallest state of the United States of America (USA), located on the Eastern Seaboard of America and bordered by Pennsylvania and Maryland.

Delaware is rated overall #1 in the past five years by the US Chamber of Commerce for its litigation system. The internal operations of Delaware Corporations and LLCs are governed by Delaware laws, vested in the Delaware Court of Chancery. The Court of Chancery has over 200 years of legal precedent in corporation and business entity law.

For over a century, Delaware has been the home for America’s premier corporations. Over 60% of the Fortune 500 companies and over half of the US public listed companies are incorporated in Delaware.

Recent amendments to the Delaware LLC Act has made Delaware arguably the most advanced and flexible in all the states of America and the ideal jurisdiction for LLCs.

With optimal banking confidentiality, Delaware companies and trusts can be formed discreetly and there is no requirement to file any record of ownership with the Government.

This entry was posted on Friday, April 25th, 2008 at 8:43 am and is filed under Offshore Business, Offshore Company Administration, Offshore Trusts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.