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Nevada vs. Delaware: A Comparison

    Delaware Nevada
  State Corporate Tax Yes No
  State Personal Income Tax Yes No
  Franchise Tax
Yes No
  Requirement to Report Number of
Shares Issued and Outstanding
Yes No
  State Shares Tax Information with the I.R.S. Yes No
  Requirement to Report Places of
Business Outside State of Incorporation
Yes No
  Requirement to Report Dates and Times of Annual Stockholders and Directors Meetings Yes No

Delaware is the state that was formerly and traditionally recognized as conducive to corporations. My, how things have changed!! The above chart speaks for itself.

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