• Delaware Franchise Taxes - Two Methods of Calculation with Very Different Results
  • June 26, 2016 | Author: William F. Miller
  • Law Firm: Pannone Lopes Devereaux & O'Gara LLC - Johnston Office
  • Many corporations, limited liability companies and other business entities are organized under Delaware law, even though they do business elsewhere and have no other connections to the State of Delaware. There are three primary reasons why so many companies, both public and private, chose Delaware as their place of organization. First, the business organization statutes are well thought out, regularly updated and business friendly.