There’s corruption everywhere and always will be. But keep in mind, many, many large companies are incorporated in Delaware. General Motors and Ford, for instance. Henry Ford himself incorporated Ford Motor Company in Delaware because of their tax laws that are kind to corporations.
Just because a company in incorporated in Delaware, it’s not evidence of corruption, instead of sound economic principles.
I work for a large specialty chemical company that practices strong ethics and values. (they really do) They are incorporated in Delaware even though as far as I know, none of their subsidiaries are based there.
Amen.
I’ve worked for two fairly large companies ($300+ Million in sales annually) and they were Delaware corporations.
It VERY common.
I’ve got no problem with Delaware registrations other than the secrecy aspect of it... you cannot get any info about LLC’s out of the state there...and very little about Corps. if they choose to not disclose the data in their application.