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Kresky

03/11/15 11:56 PM

#39439 RE: Nome44 #39437

Many corporations register in Delaware because of favorable treatment under their laws. Has nothing to do with where they operate.

Level2Me

03/12/15 12:04 AM

#39441 RE: Nome44 #39437

Not sure what you mean by 'took over'.
There are multiple advantages of Delaware incorporation, primarily, taxes, of course. You don't have to set foot in Delaware to become incorporated there. I'm sure LeftowersLaw can enlighten us with more detail.

LeftoversLaw

03/12/15 12:20 AM

#39442 RE: Nome44 #39437

Most publicly traded companies incorporate under the laws of Delaware. Delaware has the most up-to-date law as a result of most shareholder actions are litigated there and because Delaware legislatures tries to attract companies for revenue.