Editing Delaware (section)

===Incorporation in Delaware===

{{Main|Delaware General Corporation Law}}

More than half of all U.S. publicly traded companies, and 63% of the [[Fortune 500]], are [[Incorporation (business)|incorporated]] in Delaware.<ref>{{cite web| url = http://corp.delaware.gov/| title = Delaware Division of Corporations| publisher = Government of DE| access-date = June 10, 2012| archive-url = https://web.archive.org/web/20110810011523/http://corp.delaware.gov/| archive-date = August 10, 2011| url-status = live}}</ref> The state's attractiveness as a [[corporate haven]] is largely because of its business-friendly [[Delaware General Corporation Law|corporation law]]. [[Franchise tax]]es on Delaware corporations supply about a fifth of the state's revenue.<ref name="DEFiscalNotebook">{{cite web|url=http://finance.delaware.gov/publications/fiscal_notebook_07/Section02/sec2page24.pdf |title=Delaware 2007 Fiscal Notebook—State General Fund Revenues by Category (F.Y. 2002–2005) |access-date=August 17, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110816093426/http://finance.delaware.gov/publications/fiscal_notebook_07/Section02/sec2page24.pdf |archive-date=August 16, 2011 }}</ref> Although "USA (Delaware)" ranked as the world's most opaque jurisdiction on the [[Tax Justice Network]]'s 2009 Financial Secrecy Index,<ref>{{Cite news |title = Financial Secrecy Index |publisher = Tax Justice Network |date = November 1, 2009 |url = http://www.financialsecrecyindex.com/Archive2009/FSI-2009/FSI%20-%20Rankings%20-%202009.pdf |access-date = June 24, 2015 |archive-url = https://web.archive.org/web/20150626125234/http://www.financialsecrecyindex.com/Archive2009/FSI-2009/FSI%20-%20Rankings%20-%202009.pdf |archive-date = June 26, 2015 |url-status = dead }}</ref> the same group's 2011 Index ranks the U.S. fifth and does not specify Delaware.<ref>{{cite news|title = Financial Secrecy Index|publisher = Tax Justice Network|date = October 4, 2011|url = http://www.financialsecrecyindex.com/Archive2011/FSI-2011/FSI-Rankings.pdf|access-date = June 24, 2015|archive-url = https://web.archive.org/web/20150404031914/http://www.financialsecrecyindex.com/Archive2011/FSI-2011/FSI-Rankings.pdf|archive-date = April 4, 2015|url-status = dead}}</ref> In Delaware, there are more than a million registered corporations,<ref>{{cite web |url=http://corp.delaware.gov/ |title=State of Delaware—Division of Corporations |access-date=June 10, 2012 |archive-url=https://web.archive.org/web/20110810011523/http://corp.delaware.gov/ |archive-date=August 10, 2011 |url-status=live }}</ref> meaning there are more corporations than people.