North America Common Law
VC backed startups raising or planning to raise, Delaware (USA)
Delaware C-corp is the universal US VC term sheet default. Court of Chancery has the deepest corporate jurisprudence in the world. Stripe, Shopify, OpenAI. Every modern VC backed company files here.
Court of ChanceryC-corpVC standard
Start setup {placement} 4 min · no card required
Corp tax
21%
Fastest setup
5 days
Tax treaties
68
Region
North America
What you'll need
- No resident director required
- Remote-friendly, no local office
- No substance requirement
- Minimum capital: No minimum capital
- Administrative language: English
- Legal system: Common law
Tax and treaty profile
- Corporate tax 21%
- Effective rate ~25.5%
- Tax treaties 68
- VAT rate 0%
- Withholding on dividends 30%
Key treaty partners
UKCanadaGermanyFranceJapanAustralia
Banking and payments
- Banking is straightforward
- Stripe supported
- Mercury supported
- Wise supported
- Crypto banking available
- EMI license framework available
Considerations
If you want low effective US tax
Federal 21% applies to all C-corp profits. Pass through structures (LLC, S-corp) shift to personal rates. For lower tax jurisdictions:
21% federalBEAT/GILTI exposure