A corporation must generally choose a state for incorporation where it has a business presence.

Question

Quizplus · Accepted Answer

While a corporation may choose to incorporate in the state where it has a business presence, it is not required to do so. Many corporations choose to incorporate in states that offer favorable tax laws or other advantages, even if they do not conduct significant business in those states. This is known as "incorporation by choice of law."

A Corporation Must Generally Choose a State for Incorporation Where