Delaware!

 
   Corporate Name Endings
     * The corporate name ending must contain: "association," "company,"
       corporation," "club," "foundation, "fund," "incorporated,"
       "institute," society," "union," "syndicate," or limited," or one
       of the abbreviations "co.", corp.", "inc.", "ltd.", or words or
       abbreviations of like import in other languages. The name must be
       distinguishable from the names of other corporations organized,
       reserved or registered as a foreign corporation under the laws of
       Delaware. Use of word "trust" is prohibited except for
       corporations under supervision of Bank Commissioner.
       
   Articles of Incorporation Requirements
     * Director Information
          * Minimum Number - One or more.
          * Residence Requirements. - No provision.
          * Age Requirements - None.
          * Directors are not required to be listed in the articles of
            incorporation.
     * Officer Information
          * The officers are not required to be listed in the articles of
            incorporation.
     * Stock Information
          * An increase in shares or par value does effect initial fees.
       
   Yearly Requirements
     * Annual Statements
          * The annual statements are sent out to the registered agent in
            December and January. The payment is due by March 1st. The
            fee is $50, provided the number of shares is 1500 at no par
            value. If the shares are more than the above amount see
            section VII.
     * Income Tax Rate
          * Corporations that are not located in Delaware do not pay an
            income tax.
          * Schedule of rates based on number of authorized shares is as
            follows [Del. C., Title 8, S:503]:
          *
            
   Authorized Shares Tax
   Up to and including 3,000 $30
   Over 3,000 up to and including 5,000 shares $50
   Over 5,000 up to and including 10,000 shares $90
   Over 10,000 shares $90 plus $50 for each 10,000 shares or part thereof
   over 10,000
          * Alternative rates for computing tax assumed no-par capital.
          * Schedule of rates based on assumed capital of no-par stock is
            as follows:
       
   Assumed no-par capital Tax
   Up to and including $300,000 $30
   Over $300,000 up to and including $500,000 $35
   Over $500,000 up to and including $1,000,000 $90
   Over $1,000,000 $90 plus $50 for each $1,000,000 or part thereof over
   $1,000,000
       
     * Each no-par share must be considered as having a value of $1.
       Minimum tax, $30; maximum tax, $150,000.
       
     * Income tax rate for Business actually located in Delaware is:
       8.7%.