The benefits of organizing and maintaining a Delaware Corporation or Delaware Limited Liability Company are unique.
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This web site (a€?Web Sitea€?) is a service made available by National Corporate Research, Ltd. If the company plans to seek venture capital investment in the near future, and certainly if it’s planning to go public, Delaware is the preferred jurisdiction among the investor base.  Having said that, it is relatively straightforward to migrate the business from New York to Delaware if needed.
Delaware’s statutory law applicable to both corporations and LLCs are more liberal and deferential to the parties’ freedom of contract than the New York counterparts. As a mechanical matter, the Delaware Secretary of State’s office is easier to deal with and more responsive than the New York Department of State when it comes to making filings quickly, seeking good standing certificates, etc. Unless one of these factors is particularly important in your case, it’s usually best to go with the simple and lower-cost route of incorporating or organizing in New York. More than 850,000 business entities have their legal home in Delaware including more than 50% of all U.S. Had a new corporation started for an aircraft acquisition and was up and running almost immediately.


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