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Archive for the ‘Business and Investment’ Category

Delaware Seed Scholarship for Students

Friday, October 15th, 2010

The Delaware Seed Scholarship is a way for students who wish to participate in Delaware Technical & Community College in order to earn an associates degree. There are some terms and conditions of this scholarship should you win, so it is important to ensure you completely understand everything that is involved. If you do win the scholarship, you must maintain a 2.5 GPA at all times. Failing to do so will result in having your scholarship rescinded, so you should be prepared to work hard towards the degree you are going for.

High school students who wish to go to this college but do not have the means will definitely want to consider it as a way of being able to attend an accredited school and earn a degree in a certain area of the study. The very first step that you will have to take in this process is to fill out and turn in your FAFSA application. This is an application for a federal grant or loan that will be able to offer you with a way of going to college without all of the expenses. As the price of tuition rise each year along with books and other costs, you will want to get all the financial support you can get.

Even if you don’t qualify for a FAFSA loan/grant, you will need to complete this step in order to qualify for the SEED scholarship. Either way you will be applying for the opportunity to receive funds that you need to enter into an undergraduate program that will give you the degree you need to open a whole new world of job opportunities. When you are getting ready to fill out the FAFSA form you will want to make sure that you have all the necessary financial documents ready, such as income tax forms which will need to be entered in order to complete it.

A Delaware SEED scholarship will give you the funds you need to enter into this college so you will be able to complete your education and get a degree that will give you a number of opportunities with regards to career options. Make sure that you fill out and turn in each application required in the process within the set time period; otherwise you will not be considered eligible. FAFSA applications can be filled out at any time; however your SEED application has a deadline you must meet.

The Advantages Of Incorporating In Delaware

Monday, January 18th, 2010

If you own your own company and you’ve decided to go down the path of incorporating it, you should be aware that you don’t have to incorporate in your own state where the business is based. You can in fact incorporate your company in any state within the US, and if your business is large enough, it may well make sense to do so, with the state of Delaware offering a number of distinct advantages.

If your business is relatively small in size, the costs of employing an agent and of incorporating outside of your home state, may remove any advantages of incorporating elsewhere. In general you should stick to your own state if your business is small.

One of the costs you will incur are those of an agent to represent you in the state you choose. If you decide to incorporate in a state outside of your own, your business will be classed as a foreign corporation, and you will therefore be required to use an agent to represent you.

Also, you should consider your geographical trading area. If your business is based solely on your home state, it will probably make most sense to incorporate there. But if you trade across multiple states, incorporation elsewhere may make sense.

So, why incorporate in Delaware? What are the benefits that make Delaware so appealing for companies to incorporate there?

1.Delaware offers favourable tax treatment in the form of low franchise taxes and no state corporate income tax for companies that operate outside of Delaware

2.Delaware has low incorporation fees

3.Delaware courts are very pro-business and support companies incorporated in the state, with much of its corporate law written to protect the rights of shareholders

4.There is no minimum capital requirement when incorporating, and only one incorporator is required

5.The state has no sales tax, personal property tax, or intangible property tax on companies incorporated there

6.A company can keep its books and records outside of the state

Because of all these advantages, over 250,000 companies are incorporated in Delaware. In fact over fifty percent of all companies trading on the New York Stock Exchange are Delaware corporations.

You should seek qualified legal advice before deciding to incorporate outside of your own state, and then decide whether or not you will benefit from the advantages above.