> Likewise, I find it absurd that anyone running a startup outside of the US would ever incorporate in Delaware.
What if I told you it's sometimes easier for a foreinger to setup a corporation and sell in the US than it is to do so from their home country? A frenchman told me once that the US immigration system was easier to navigate than the regulations around a new business in his home country...
As for why Delaware instead of Dubai, I'm confident Delaware will still be a functioning democracy inside a strong economic union in a hundred year, with a stable, global currency and predictable laws and regulations. I'm not confident the UAE will qualify as "stable" in as little as 10 years. Other than oil, there's nothing of value there.
What if I told you it's sometimes easier for a foreinger to setup a corporation and sell in the US than it is to do so from their home country? A frenchman told me once that the US immigration system was easier to navigate than the regulations around a new business in his home country...
As for why Delaware instead of Dubai, I'm confident Delaware will still be a functioning democracy inside a strong economic union in a hundred year, with a stable, global currency and predictable laws and regulations. I'm not confident the UAE will qualify as "stable" in as little as 10 years. Other than oil, there's nothing of value there.