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Delaware Annual Statement Form

Delaware Annual Statement Form

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Hey it's Scott Orn of Kruze Consulting  and today i'm answering the question   does my startup need to find income tax return  in delaware this is a question we get all the   time and the beginning reason of that is like  most venture capital back startups like 99.9   are incorporated as delaware c corporations  even though the the company isn't really doing   any business in delaware and the reason for that  is delaware is a very friendly state to business   venture capitalists understand the case law in  delaware it's a it's it's been a business friendly   state for many years um and so um and the delaware  c corporation like the corporate structure   is friendly to venture capital firms and their  tax structure like basically they can't have they   can't invest in llcs or escorts because those  are pass-through tax entities unlike the c-corp   and it just messes up their their tax consequences

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