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    Over the last six years, Delaware has been very successful in promoting its corporation services by introducing some user friendly facilities, like expedited service, online filings and searches. Incorporation revenue accounted for 21% of the State¡¯s general funds in fiscal year 2006.

The popularity of Delaware can be evidenced by fact that Delaware is the corporate home to 61% of the Fortune 500 companies and half of all US firms traded on the New York Stork Exchange and NASDAQ. More than 70% of all public offerings on US exchanges in 2006 were incorporated in Delaware.

Delaware officials stay on the top of trends in the international business world and are better able to understand and respond to rapidly changing corporate needs. They also intend to continuously expand Delaware¡¯s global market share by official visitations to other countries, e.g., China, India, UK, etc. and also participating in many international conferences in respect of economic affairs, corporate governance, etc.

Chief Justice Myron Steele stated, ¡°We(Delaware) are at heart a customer-service organization ¡±. Delaware aims at being a customer-service organization and ever-focused on serving customers.

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 CURRENT FEATURES AND BENEFITS
¡Ü A well-developed political, legal and economic society
¡Ü Back up provided by comprehensive and mature professionals, financial institutes and legal services providers

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 Privacy – NO disclosure of beneficial owners

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 No income tax is assessed on corporation¡¯s offshore income
¡Ü Non – resident shareholders pay no Delaware state tax on shares
¡Ü Annual franchise tax is low
¡Ü Wide variety of types of entities fit for different purposes, e.g., ¡°C¡± Corporation, LLC, ¡°S¡± Corporation, Close Corporation, etc.
¡Ü Simple company structure – like ¡°C¡± Corporation, one person can be the director, shareholder and officer
¡Ü User – friendly – timely registration, expedited service, online filing and search, etc
¡Ü Simple administration – corporate books and records are not required to be located in Delaware

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