Even if a corporation does no business in Delaware, it can obtain the benefits of Delaware corporation law by incorporating in Delaware.

Question

Quizplus · Accepted Answer

This statement is true. Delaware is known for having very favorable corporation laws, and many businesses choose to incorporate there regardless of whether or not they actually conduct business in the state. This allows them to take advantage of the legal protections and corporate governance framework offered by Delaware law.

Even If a Corporation Does No Business in Delaware, It