Delaware Tax Rates
In Delaware there is no tax on companies whose activities are carried out outside state borders. If profits are not taxed then turnover is taxed at between 0.96% and 1.92% and all companies must pay an annual Government fee of around € 300.
Tax on individual income is also very low with levels ranging from 2.2% to 5.95%. The level of property tax is left to the discretion of each municipality.
Accounting Requirements in Delaware
It is not mandatory for companies registered in Delaware to keep accounts or to publish them. It is even possible to use money from the company for personal expenses without risking being accused of misusing corporate assets.