Google co-founder leaves California amid billionaire wealth tax

[Deep State Witch]

16. Unlikely

Delaware pretty much survives on making it easy to incorporate there. While most companies are incorporated there, they mostly rely on registered agents that forward the mail to the actual corporate offices.

Companies incorporate in Delaware for its business-friendly legal system, including a specialized court (Court of Chancery) with expert judges for corporate law, a robust, predictable corporate code (DGCL), and investor preference for this stable environment, plus significant tax advantages like no corporate tax on out-of-state income and strong privacy protections. This ecosystem provides clarity, efficiency, and attracts capital, making it ideal for growth and investment.

I was looking into basing my LLC in Delaware a few years ago for this very purpose. I decided against it, but I still may if we restructure.