Delaware has long been the leading jurisdiction in which companies incorporate. According to Delaware’s published statistics from 2023 :
- Delaware surpassed two million total business entities domiciled in the state,
- 6% of all Fortune 500 companies were incorporated in Delaware, and
- 80% of IPOs in the U.S. were in Delaware
Because of Delaware’s long-held title as the premiere state of incorporation, it has developed an advanced mosaic of corporate statutes and precedential law consisting of protections for both corporate officers and directors as well as shareholders. Some of the most well-known features of Delaware corporate law are: