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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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