What are the features of a Delaware Corporation?

 

<Low franchise tax (minimum is $50) <Officer, Director, and Shareholder could be the same person and could be a non-US-residents <Personal liability of Officers and Directors is limited <No Limits on where to keep Corporate books and records <No minimum amount of capital is required <Hostile takeover laws are designed to protect Shareholders <Delaware courts and legal system are well known for their fair approach <Dividends to Shareholders are allowed <Shareholders, directors and/or committee members may act by unanimous written consent in place of formal meetings <Different kinds of Corporation may carry any lawful business and more than one  <Corporation may fix quorum of board of directors -- not less than one-third of the whole board; two if only two shareholders; one if only one shareholder <Voting trusts and voting agreements may be created <Generally, stockholder liability is limited to stock held in the corporation <Delaware law includes Close Corporation provisions<

  

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tags=What are the features of a Delaware Corporation?
Delaware company ,  Delaware Corporation , Delaware LLC , US LLC , US company , US Corporation.

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