Topic summary
Delaware corporation

Statute governing corporate law in Delaware Corporation Trust Center, 1209 North Orange Street, Wilmington. In 2012, it was the registered agent address of at least 285,000 separate American and foreign businesses who operate or trade in the United States. The Delaware General Corporation Law (sometimes abbreviated DGCL), officially the General Corporation Law of the State of Delaware (Title 8, Chapter 1 of the Delaware Code), is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. The statute was adopted on March 10, 1899. Since the 1913 reforms in New Jersey under the governorship of Woodrow Wilson, Delaware has become the most prevalent jurisdiction in United States corporate law and has been described as the de facto corporate capital of the United States. Delaware is considered a corporate haven because of its business-friendly corporate laws compared to most other U.S. states. 66% of the Fortune 500, including Walmart and Amazon (two of the world's largest companies by revenue) are incorporated (and therefore have their domiciles for service of process purposes) in the state. Over half of all publicly traded corporations listed in the New