Many entrepreneurs have chosen to operate in Delaware, as corporate legislation and company taxation are more favourable.
- In a corporation incorporated in Delaware in no event shall the shareholders, directors, directors and management be liable personally for the debts and obligations assumed by the Corporation;
- Ownership of a corporation-company or Limited liability Company-LLC is anonymous and is easily transferable to other persons or companies;
- Not even the state of Delaware is aware of the names of the owners of the company and, moreover, the transfer of the property is not registered or filed in any place or register;
- The duration of a Delaware Corporation or an LLC is indefinite and its activity and existence is not affected by the eventual death of the shareholders, directors, directors or management.